Team Leader

  • Company:
    Bank of America
  • Location:
  • Salary:
    negotiable / month
  • Job type:
  • Posted:
    2 weeks ago
  • Category:

Skill: reports , issue , treasury , reporting , cash management , strong analytical skills , reconciliation , excel; Exp: 5-7 years; Team Leader Hyderabad, India Job number 18059841 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* Global Markets Operations &Middle Office provides operations support to the Global Markets Business of BOAML. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities. Key functions include Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, and Client & Product Data. This role is part of Global Markets Operations and Middle office (GMOMO) Transaction Reporting Operations Job Description* Testing manager to drive coordination and execution of UAT and adhoc projects related to Regulatory Transaction Reporting under Dodd Frank and other existing jurisdictions as well as preparation for upcoming SEC and MiFID 2 jurisdictions. Support UAT for Data Quality & New Build initiatives for Regulatory Reporting of Bank of America Merrill Lynch Global Markets businesses including Credit, FICC (Rates & FX/Currencies), Corporate Investments, International Treasury, Equity, and Commodity products, focusing on European Market Infrastructure Regulation (EMIR) JFSA, Hong Kong (HKMA), Singapore (MAS), Russia, Australia (ASIC), Canada, SEC, and MiFID 2 jurisdictional requirements. Responsibilities* Provides comprehensive project management for internal projects, primarily of a risk management and/or regulatory nature with a focus on end-to-end UAT. Coordination of cross-functional project team to deliver regulatory reporting initiatives spanning operational and technology changes. Develops detailed work plan, schedules, issues logs, and status reports. Establishes test plan and dependencies across front office, middle office, and back office applications to complete successful end-to-end UAT. Creates and executes detailed test cases covering positive, negative, and regression scenarios. Works with the business and technology teams to test, identify and remediate pre and post production defects. Identify, assess, and document business requirements, recommending business priorities, and advising business on risks, issues, and solutions. The Testing Manager will be involved in projects to prepare for SEC and MiFID 2. These projects include building a new rules engine to process security transactions and to add support for commodities reporting in Cirrus. Requirements* Education* MBA Certifications If Any Experience Range* 5 -7 years of overall experience Skills * Solid trade processing knowledge; front, middle or back office, (FO, MO, BO). Familiarity with counter party clearing LCH. Clearnet (London Clearing House), Chicago Mercantile Exchange, Intercontinental Exchange (ICE), CBOE, OCC highly desirable. Responsible for detailed project and test plans, Senior Management status reports, communications, and issue/risk escalation. Knowledge of project management, strong analytical ability and ability to work with multiple partners in cross functional groups at various levels throughout the organization. Ability to handle several work streams simultaneously, multitask, and set priorities effectively. Ability to work to externally-mandated regulatory deadlines. Strong analytical skills and experience working with large data sets in Excel. Excellent organizational skills to track many concurrent activities. Strong communication skills, both written and verbal. Ability to work independently and assess relative priority among competing issues. Major Duties* Provides program/project leadership to business unit, operations and technology partners. Defines project scope, project plans and resource needs. Implements and maintains standard testing procedures and templates. Creates and executes detailed test cases covering relevant scenarios. Monitors progress to identified plans and milestones. Identifies and documents project risks, issues and completed milestones. Facilitates completion of project milestones and resolution of key issues. Escalates to appropriate governing groups and/or management concerns and emerging issues, along with mitigation/contingency plans. Work Timings* 1330 to 2230 Job Location* Hyderabad Posting Date 25/10/2018 Location MINDSPACE RAHEJA IT PARK – BLD 5A HITEC CITY MADHAPUR – India Full / Part-time Full time Hours Per Week 45

Audit & Risk

Degree: MBA/ PGDM

Experience: 5-7

Function: Accounting / Tax / Company Secretary / Audit