Skip to main content

Committed to America's Veterans

Job Search Banner Image

You found a home in the military. We think you’ll feel the same way about us.

Home > Search Jobs

Senior Manager

Gurugram, India

Job number: 18015343

Back to job search results

Job Description:

Job description

Overview * (Bank of America overview, BA Continuum India overview, Business Overview)

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.

Process Overview*

The FAKC (Finance and Accounting Knowledge Center) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.

Over the years, the scope of FAKC has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.

Job Description*

The role involves accounting, month end close, regulatory reporting for Asia including capital and liquidity reporting, and management reporting responsibilities

Responsibilities

GFC APAC controller senior analyst position includes, but is not limited to the following responsibilities:

  • Provide oversight, review, governance of day to day responsibilities of the Finance function including accounting processes and reporting, regulatory reporting for Asia entities, fix data quality issues, management reporting and variance analysis, local GAAP reporting, etc.
  • Preparation and Oversight of Regulatory Reporting returns or reports for capital and liquidity reporting for regulators e.g. HKMA, MAS, SAFE
  • Sound understanding of various key regulations, including Capital Adequacy Reporting. LCR, single-borrower limits etc.

  • Good understanding of system linkages and data flow

  • Ability to liaise and work closely with various business partners e.g. financial controllers, technology, treasury etc. to drive and manage change and improvemnets
  • Assist in implementing change management in the Finance area, through enhancements of reporting processes and structure, streamlining of reporting responsibilities between local and regional teams, and automation of regulatory reporting
  • Responsible for fulfilling the statutory and regulatory reporting requirements, including reports and presentations to the Board Committees and Board of Directors, the Central Bank and other regulators
  • Supports achievement of business goals by working on complex activities or projects with others within the team and with various partner relationships

Mandatory Skills

  • Education – CA/MBA Tier II
  • Experience Range – 6 to 8 years of experience in finance, accounting, regulatory reporting including capital and liquidity
  • Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint
  • Driven to learn and develop new skills
  • Self-motivated and independent having a control mindset
  • Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes
  • Able to work in a fast paced, deadline oriented environment
  • Proficient in the use of Excel, Word and MS Access

Desired skills                                                                                                                                                     

  • Good knowledge of financial products (derivatives, swaps, interest, bonds, credit, etc.)
  • Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred

Work Timings*

Asia but should be flexible

07:30 to 16:30 IST

Job Location* Gurgaon

* Mandatory Fields

Posting Date:

Location: IN--Gurgaon

Job Band: 6

Full / Part-time: Full time

Hours Per Week: 45

Staffing Contact Name

Posting Date: 16/04/2018

Location:
Gurugram, , OLD DELHI ,
- India

Full / Part-time: Full time

Hours Per Week: 45

Already have a candidate profile? Log in to access and update your current profile to access and update your current profile.

Assistance for Applicants with Disabilities

Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page.

Diversity & Inclusion

At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Frequently Asked Questions

Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ section for answers to these questions and more.

Bank of America Employees

Bank of America employees should access the internal jobs database.