Job Description :
Overview (Bank of America Merrill Lynch overview, BA Continuum India overview, Business Overview)
Bank of America Merrill Lynch 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.
Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.
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.
Global Markets Operations 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 (GMO) Non-Financial Regulatory Reporting - Independent Quality Assurance (NFRR - iQA)
Non-Financial Regulatory Reporting - Independent QA (NFRR - iQA) function has been set-up with the core objective of performing independent post process quality checks on the Non-
Financial Regulatory Reports for Global Banking and Markets (GBAM) to assess the Completeness, Accuracy and Timeliness (CAT) of the reports submitted to regulators.
We are looking for an experienced associate to support the expansion of the iQA function. The role has a global reach with many of the deliverables requiring global collaboration across multiple lines of business and asset classes.
The purpose of the team is to drive delivery of a variety of projects (and issues) some of which we are owners, while others require relationship building, influencing skills and the ability to maintain an independent perspective.
The role involves performing independent quality checks on the Non-Financial Regulatory reports, listed in GBAM inventory, to assess the Completeness, Accuracy and Timeliness (CAT)) of the reports, to avoid the risk of potential reporting errors which could result in regulatory fines and reputational risk.
There are 1400+ reports in the GBAM inventory and regional governance routines need to be evaluated to ensure efficient monitoring of relevant non-
financial regulatory reports.
Roles and Responsibilities
6 to 9 years of overall experience with at least 12 months of Regulatory Reporting experience
Flexible shifts and weekend off