Bank of America hiring for the role of Chartered Accountant

Bank of America is an American multinational investment bank and financial services. It was founded in 1998. Amadeo Giannini was the founder of Bank of America. It’s headquartered in Charlotte, North Carolina, U.S (Corporate) New York, NY (Investment banking).

Bank of America is the 2nd largest banking institution in the U.S after JPMorgan Chase, and 9th largest financial services company in the world. Products of Bank of America are Consumer banking, insurance, corporate banking, investment banking, mortgage loans, private banking, wealth management, private equity, and credit cards.

Name of Organization: Bank of America

Education Required: Chartered Accountant, CFA, MBA  and M.com

Experience Level: Minimum 5 years of experience in Regulatory reporting preferably in Banking Industry

Location: Gurugram

Employment Type:  Full-Time

Today we bring you a new job i.e Bank of America is hiring for the role of Assistant Manager in Gurgram location. Candidate must read the full post for all the details regarding i.e Name of Organization, Profile, Location, Education, Job Description, Skills Required, and much more.

Job Responsibilities:

COREP, AnaCredit, Statistical and other reporting

  • In this role, You will be responsible for delivering monthly and quarterly AnaCredit reporting for our primary banking entities in the Eurozone

These responsibilities include typical core activities such as:

  • Preparation of counterparty and trade data reporting templates
  • Internal data and reporting validation, including variance analysis
  • Compilation of review materials for management, including commentary
  • Submission of templates to regulators
  • Responding to management and, internally, regulator queries raised on the reporting
  • Additional to the core reporting responsibilities the individual will be involved in a range of other AnaCredit related tasks that may include:

Monitoring and identifying new / revised regulatory requirements, including potentially implementation as a consequence of such requirements

  • Responsible for Capital Reporting regime in accordance with Basel II/III & CRD directives
  • Responsible for production of Group reports including Capital Adequacy in accordance with Basel rules
  • Ensuring IFRS9 Reporting standards are met
  • Perform Recovery Plan review/support/challenge
  • Support/ lead ICAAP/ILAAP coordination and review
  • Interpret regulatory reporting framework and assess change needed
  • Periodic and need based submission of reports to regulator(s)
  • Support Bank License application effort
  • Perform Pillar 3 disclosure review
  • Understand, develop and maintain risk mapping
  • Create and maintain recovery templates

Requirement

  • Education Required: Candidate should have Chartered Accountant, CFA, MBA  and M.com
  • Experience Range: Candidate should have minimum five years of experience in Regulatory reporting preferably in Banking Industry

Mandatory Skills

  • Regulatory reporting experience in a financial services business
  • Prior experience of AXIOM platform (preferred)
  • Detail-focused and structured approach to defining, executing and evidencing deliverables
  • You should have problem solving; curiosity; ability to think laterally and identify several possible solutions to problems
  • Dynamic, high energy, solid work ethic, willing to take on new initiatives some of which may initially lack definition
  • Ability to think laterally and identify several possible solutions to problems
  • Able to excel and influence in a cross-functional team structure
  • You should have excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint
  • Effectively collaborating with team members and business partners to produce quality results
  • Remaining positive in the face of challenge
  • Challenging the status quo
  • You must be self-motivated and independent having an excellent control mindset
  • Able to work in a fast paced, deadline oriented environment
  • High level of ownership and attention to detail
  • Ability to self-manage and prioritize, pursue goals and consistently deliver results
  • Demonstrate ability to work in a team, while contributing individually and across other teams
  • Flexibility and good negotiations skills
  • Proficient in the use of Excel, Word and MS Access

Desired skills:      

  • You should have strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred
  • You must have exposure to Emerging technologies like Alteryx, Tableau, UI Path, etc

Work Timings*

11:30 am to 08:30 PM IST (Flexible on month-end)

Job Location* Gurugram

Apply Link & For More Details: Click Here

Important Note: Kindly read all the instructions and requirements for the job. All the communications from the company will be on your registered email.

Eligible candidate can apply for the post of Bank of America. You must possess education on Chartered Accountant, CFA, MBA, and M.com

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