Job Description:
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence, and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Job Description
Global Markets NFRR - Responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement, and Production Monitoring as horizontals.
Global Markets Transformation & Change – Responsible for supporting portfolio of regulatory/ industry/ strategic/ operational excellence programs & projects in Project Management, Business Analysis, Test Execution and Test management capacity, while adhering to change standards and governance guidelines.
Tax Reporting is a new interest-bearing accounts and Certificates of Deposits (CDs) require a complete Form W-9 when the account is opened. The Form W-9 is the part of the signature card and is maintained on Image View. Tax Reporting receives Forms-W9’s from Reasonable Cause, B-Notice, Penalty Notice mailings and from banking centers for name or TIN changes to existing accounts.
The Non-Financial Regulatory Reporting (NFRR) – Transaction Reporting Control Group (TRCG) group is responsible for ensuring the completeness, accuracy, and timeliness of the Bank’s regulatory reporting obligations across multiple global regulatory jurisdictions of regulatory reports that are not produced within the CFO function
Requirements
Education: B Tech./ MBA/ PGDM / Maters in Economics / Quantitative Technique & Economics/ Mathematics/ Supply Chain/ Operations/ Statistics/ Data Sciences
Location: Students should be willing to work in any locations namely – Mumbai, Chennai, Gurugram, Gandhinagar (GIFT), Hyderabad as per company requirement
Skills exposure: Desired characteristics include integrity, attention to detail, assertiveness, initiative, leadership, strong work ethic and team focus, Strong interest in global financial markets and commodities sector and keen interest in complex structures is preferred, Analytical problem solving, Technical skills (MS Office: Excel & PowerPoint), Communication skills
Shift : Should be willing to work in any shifts / night shifts as per company requirement