Overview (Bank of America overview, BA Continuum India overview, Business 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.
**BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
Global Banking & Markets division serves mid- to large-sized corporations and institutional clients worldwide. It is comprised of Business Banking, Global Commercial Banking, Global Corporate & Investment Banking, Global Markets and Wholesale Credit. Aligned with these client-facing groups are Global Capital Markets and Global Research. The Shared Technology Platforms is a portfolio under the GBAMT Strategy, Architecture and Core Platforms portfolio. The portfolio is responsible for designing, building and maintaining high performing software systems that are used by the Global Banking and Markets Technology employees globally. These are Technology for Technology tools that cater to varying project management needs including but not limited to forecasting, hiring, resource lifecycle management etc
Individual contributor role; fully competent to work under general direction on the most complex projects, often on multiple phases, and seeks guidance and direction from more senior associates or manager, as needed. Working knowledge of business or function for which application is designed. Provides guidance and checks the work of less experienced associates. Individual will be responsible for managing and performing Key Risk activities for Risk and Finance Technology. He/she will need to collaborate with a large set of stakeholder in India and the US.
Awareness of Execution and closure related activities on the Quarterly Sox 302 QA for RFT apps by working with Application owners.
Identify/discuss and escalate issues identified by GBS teams to Onshore Risk Leads
Monitor and follow-up for Open PCI Mandatory/Discretionary findings till closure with App owner and GIS partner.
Identify and track potential issues /risks/challenges / dependencies
Responsible in ensuring the Audit issues evidences are tracked and closed as per the milestones and action plans agreed with Audit.
Provide guidance on QA evidence required for closure of Audit Issue
Work towards developing Risk culture, through Risk awareness, QA Assessments, Thematic Reviews in FT& ET
Perform quarterly QA Assessment for Application security related controls to assess the adherence to information security requirements
Awareness of ERP, CSTAR processes
Education: B.E./ B. Tech/MBA
Certifications If Any (Desired, not mandatory) : CISA, CISM, CRISC
Experience Range: 10 -12 yrs
Able to work independently with minimal supervision and with keen attention to details.
Risk management experience identifying, analyzing and communicating business and Operational risk to the delivery teams and risk partners
Awareness of Regulatory norms around SOX, Access Control, Version Control and Change Management tools. Etc.
At least 5 years of risk management experience or direct participation in Operational risk management processes
Organize and coordinate interaction between teams and stakeholder management across geographies
Strong analytical skills to interpret the various data segments gathered across business functions.
Thorough understanding of the Banking systems, Technology processes and internal control programs related to Global Functions.
Expertise in MS Office Tools
Strong analytical skills
Data Visualization Tools
Job Location: Hyderabad
Work Timings: General Shift (12:00 PM to 9:00 PM)