Description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for providing standard research, reporting and analytical support for the delivery of regulatory reporting. Key responsibilities include end-to-end reporting support for cross border payments, electronic transactions, sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives and over-the-counter derivatives across multiple lines of business. Job expectations include following the established procedures under general supervision and oversight, and assisting less experienced teammates.

Role Summary
We are seeking an experienced professional to support Regulatory Reporting activities. The role involves preparation, validation, reconciliation, and submission of regulatory reports in compliance with RBI regulations and other applicable regulatory requirements. The ideal candidate should possess strong domain knowledge of banking trade products, credit operations, and payment processes, excellent analytical skills, advanced Excel capabilities, and the ability to engage effectively with multiple stakeholders across business, operations, finance, compliance, and technology teams and regulators.

Required Skills: Required Skills & Competencies

Domain Knowledge & Regulatory Reporting Experience
• Strong understanding of Regulatory Reporting requirements applicable to banks.
• Strong domain knowledge of banking trade operations, credit operations, and payment processes
• Good knowledge of RBI regulations and related regulatory frameworks.
• Ability to interpret regulatory circulars and translate requirements into reporting solutions.
• Prior experience in preparing and managing regulatory reports related added advantage.

Technical Skills
• Advanced proficiency in Microsoft Excel.
• Expertise in advanced Excel functions including: Pivot Tables, XLOOKUP/VLOOKUP, SUMIFS/COUNTIFS & Logical Functions
• Experience in handling large datasets and performing data reconciliations.
• Working knowledge of VBA/Macros & Alteryx will be an added advantage.

Desired Skills: Educational Qualification
• Graduate/Post Graduate in any disciplines.

Soft Skills
• Strong communication and presentation skills.
• Excellent stakeholder management and coordination abilities.
• Strong analytical and problem-solving capabilities.
• Ability to manage multiple reporting deadlines in a fast-paced environment.
• High attention to detail and commitment to data accuracy.