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Job Description:
About Us
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!
Process Overview*
Global Markets Global Valuation Group (GVG) is a division of Global Banking & Markets (GBAM) Finance responsible for providing valuation and independent price verification methodology support to Business Finance & Control (BFC) teams for execution of IPV, calculation of valuation adjustments and prudential valuation adjustments. The team is also responsible for reporting and governance across all valuation processes. Additionally, the team works on a number of regulatory deliverables related to valuations and drives the overall valuation control automation agenda in partnership with Technology and other stakeholders.
The team works closely with front office, middle office, traders, business finance controllers, market risk, quantitative risk and technology teams to drive the control agenda across the business.
Job Description*
We are looking to hire a seasoned leader in the Global Valuations Group to project manage number of regulatory deliverables for GM & GCIB Finance organization. The person will be responsible for planning of regulatory engagement through the cycle from early notification to remediation phases. They will be required to manage stakeholders from different divisions within the bank to ensure that right responsibilities are allocated to right teams and the teams deliver on those in a timely fashion. They will be helping the team put together regulatory submissions, will track progress and milestones, escalate risks as needed and facilitate issue resolution.
Given this role will be part of the valuations group and will involve interactions with senior management of technical functions, we need the person to have a deep understanding of all regulatory guidelines (like CCAR stress testing, Prudential Valuation guidelines from a PRA and ECB perspective, ICAAP etc.). Additionally, they should also have a good knowledge of financial products and their valuations. Ideally, this role will best suit a person who has already been managing such technical regulatory projects for multiple years.
Responsibilities*
Requirements*
Education*
Graduate/ Postgraduate in Finance/Management from Tier I/II institute
Experience Range*
12–18 years of relevant experience in finance domain related to project management of quantitative/technical regulatory projects or Valuations / Valuation Governance
Foundational skills*
Additional skills
Work Timings*
12:30 PM to 9:30 PM IST
Job Location*
Mumbai/Gurgaon
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Senior Operations Manager at Bank of America.
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Bank of America's application process for this role.