Description

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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.

Process Overview*

GBS GMO Risk team is part of GMO Risk aligned to provide a centralized risk model, driving consistency through end-to-end horizontal risk management and oversight functions, as well as vertical risk functions. The vertical risk function provides dedicated risk expertise to support the lines of business and regions. The vertical central team oversees the governance of multiple risk activities across GMO, with a focus on reducing inconsistencies and implementing unified, standardized governance processes. The horizontal risk function provides a centralized view of GMO Risk, support adhoc initiatives and centralized resiliency planning, together with the oversight and support of regulatory requirements impacting GMO.

Job Description*

The GMO vertical central team sits within the Global Market Operations Risk Function. The team aims to deliver consistent and strong monitoring, reporting and oversees the governance of multiple risk activities across GMO, with a focus on reducing inconsistencies and implementing unified, standardized governance processes. This position will support the vertical central team. The associate in this role will be responsible for handling multiple governance routines. Associate will be expected to perform delegation of authority review, SPI governance routines, SPI calculated rating & other GMO level governance routines

Responsibilities*

• Support a number of GMO vertical central activities such as:
  
  • Attestations
  • Working knowledge delegation of authority
  • Understanding Risk, Control, & Metric framework
• Ensure GMO vertical central routines are fully understood, and the information/data being submitted is accurate and timely and has gone through the required reviews.
• Develop and maintain documentation such as best practice guidelines and job aids, along with the subsequent periodic reviews, in support of the various GMO horizontal activities.
• Develop and maintain strong relationships with internal global business, control and risk partners, and GMO lines of business.
• Help drive operational excellence through risk reporting automations and transformation projects
• Must have excel skills

Requirements*

• Education• -Graduation /Post -Graduation
• Any Certification- NA
• Experience Range*- 5-8 years

Foundational Skills :

• Risk Monitoring & Reporting
• Advanced Excel & PowerPoint
• SharePoint designer
• Quality assurance
• Development of report in Tableau & Alteryx
• • Strong domain knowledge on Global Markets and (or) Operational Risk Management
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Believes in value of diversity so we can reflect, connect, and meet the diverse needs of our clients and employees around the world.
• Strong domain knowledge on Global Markets and (or) Operational Risk Management
• Strong organizational, prioritization, and communication (oral / written) skills with attention to detail

Desired skills•

• Risk Monitoring & Reporting
• Advanced Excel & PowerPoint

Work Timings* Flexible to Shift Timings

Job Location• Chennai