Overview *
Bank of America is one of the world’s leading 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. 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.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
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 individuals, businesses and institutional investors we serve worldwide.
Process Overview*
The FAKC (Finance and Accounting Knowledge Center) was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.
Over the years, the scope of FAKC has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.
Job Description*
EMEA Regulatory Reporting Group has overall responsibility for regulatory reporting for the EMEA entities and branches. This includes those in the UK, Ireland and France. The individual will be part of a team responsible for the regulatory reporting activities, including internal and external reporting to PRA and other regulators, supporting certain aspects of the financial close, driving change and operational excellence.
Responsibilities
COREP, AnaCredit, Statistical and other reporting
Supporting the ongoing continuous improvement processes around report production, which currently has an inflight project on increasing automation and requires liaison with technology & change partners
Finance Liaison and Change
Build relationships across CFO teams including LOB Finance CFOs, Treasury, Liquidity and Tax to understand and resolve accounting and reporting issues. Support change agenda across group and ensure processes are efficient, consistent and sustainable, making best use of technology Supporting GFC and enterprise Operational Excellence initiatives
Requirements
Mandatory Skills
Desired skills
Work Timings*
11:30 am to 08:30 PM IST (Flexible on month end)
Job Location* Gurugram