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- re 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.  Risk and BCMR team is committed to build a strong risk culture and maintain a system of strong controls, provide guidance and clear direction on key risk principles, proactively managing risk and achieving a consistent balance between our business goals and risk management. The team is responsible in ensuring capabilities are established to drive execution of the operational risk management framework, including implementing Global Technology and Operations (GT&O) specific processes/tools in order to adhere to enterprise-wide policies and standards with Technology and Operations delivery. This includes risk assessment & analysis, monitoring and testing of key controls, issue management and support audit & regulatory exams.  Overview of Role:  As a lead for the Risk and BCMR team supporting the Enterprise Functions, the position will work closely with the Functional leaders to assess the soundness of the control environment. Your role will include understanding the operational risk within the functions, providing related risk assessment and acting as an advisor to the business on risk issues. The position will be responsible to review and evaluate the effectiveness and efficiency of the systems and processes, reliability of reporting, compliance with policies and procedures, applicable laws and regulations. The position will also be responsible to design and execute plans to strengthen internal controls, enhance quality assurance thereby reducing operational risk.  Key responsibilities include:  - Enabling strong operational risk management - Identify, escalate & debate risks across business units.  - Enabling functions to identify and monitor Key Risk & Control indicators with established triggers and limits.  - Ensuring Quality Assurance is implemented in adherence to GT&O Quality Assurance minimum standards.  - Periodic testing of key controls for critical functions, and supporting gap remediation as needed  - Support delivery teams on Issues management and Audit management  - Supporting day to day relationship management and communications with business partners at various levels of the organization, as well as other Enterprise Control Functions.  Required Job Skills and Experience:  - Strong familiarity with Companies Act and Internal Financial Controls related requirements. Significant experience in developing, testing and assessing internal controls.  - Maintain awareness of changes in operations, regulations and audit practices in order to evaluate effectiveness and efficiency, and advocate and influence the highest standards of ethics, discipline, and professionalism.  - Should be objective in performing his work; should have an impartial, unbiased attitude and avoid areas of conflict of interest  - Strong knowledge and understanding of the Banking systems, internal control and reporting processes  - 10-14 years experience in BPO industry, internal audit and risk management, Big 4 audit firms.  Qualification:   - Bachelor's degree required  - Chartered Accountant  Additional Certification (Optional):  - Certified Internal Auditor  Competencies / Technical Skills:  - Ability to identify and evaluate potential risks and escalate appropriately for debate and resolution.  - Strong analysis and fact-based decision making. Expected to look beyond the issue at hand and raise questions.  - Proven ability to communicate complex information in simple terms (oral and written). Influence horizontally and vertically across the organization and diverse audiences. Will work both independently and as part of a team and be expected to develop relationships with other Compliance and Risk groups.  - Project Management Skills ability to cope with delivery within very tight deadlines under high pressure. Ability to prioritize work activity to maximize performance against agreed targets  - A good team player with strong coordination skills. Ability to manage smaller & larger teams and work with across teams/locations to accomplish goals in a timely manner.  - Sound knowledge of Microsoft Office applications - PowerPoint, Excel and Word and ability to work on these without any support.  Shift Timings: 11:00 AM to 08:00 PM

Mumbai

Hyderabad

BA Continuum - Assistant Vice President - Risk & BCMR Team 

BA Continuum - Assistant Vice President - Risk & BCMR Team  ,Job Description for BA Continuum - Assistant Vice President - Risk & BCMR Team  in Bank of America in  Mumbai Hyderabad for (10-14) years of experience. Apply Now!

Job Description for BA Continuum - Assistant Vice President - Risk & BCMR Team  in Bank of America in  Mumbai Hyderabad for (10-14) years of experience. Apply Now!