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  • 4 - 6 Years
  • Posted : above 1 month

Job Description:

Sr Tech Associate IN--Mumbai_Mindspace, Link Road Malad|IN--Hyderabad_Hitec City, Madhapur - Maximus 2B, Mindspace, Raheja IT Park Job number 19062047

Overview

Bank of America is one of the worlds 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

Process Overview

Operational IT Risk Professional responsible for managing and developing Risk, Application Governance routines within RPSG Tech Manage IT Governance programs which gather and organize data in order to test the design and effectiveness of key controls, assist Application Teams with developing remediation plans for areas of non-compliance or control gaps and tracking status of the remediation plans

Job Description

Provide analytical, administrative support within an internal control environment Responsible for assisting in the execution of the Operational Risk Program for the Line of Business Assist team in gathering and organizing data that will help track, report and manage internal control gap issues and mitigation plans Acts as an ambassador of the risk culture Typically have 4 to 6 years of risk management

Resource who have previously done enterprise application development or at least obtained the strong level of education in information systems/application development that provides for a full understanding of distributed enterprise applications the components, the lifecycle, etc

Responsibilities

Host or attend multiple daily, weekly, and monthly touch point meetings to identify delays in deliverables and escalate as required to the management team
Manages all surveys, audit questionnaires, quality assurance, business continuity and all the other mandatory deliverables required to maintain all of our AITs in good standing Works closely with Dev managers to understand applications end to end applications and maintain all the needed artefacts on SharePoint including making updates based on the latest developments

Work with app teams to document Go-to-Green plans and follow thru for completion
Identify compliance requirement changes early enough to help app teams to plan and meet the new deliverables
Identify, collect and store all milestone deliverable artifacts to assist in future audits
Superior verbal and written communications skills, including the ability to synthesize complex information to distill and deliver a concise, salient message suitable to any audience from developers to senior executives and auditors

Experience working in corporate risk management, compliance or governance organizations and familiar with the needs, concerns and primary drivers of activities
Provide guidance to partner organizations on risks or risk potentials in their space
Manage identification and tracking of identified risk using established company standard tools and processes
Identify gaps in existing processes and systems, create audit reports, suggest solutions, test and accept the solution provided by partner teams
Proactively engage partners to aid in driving out the identified risks to mitigation and elimination, documenting best practices and lessons learned
Work closely with the Technical Delivery Manager, upstream and downstream application teams and other partners in identifying end to end data lineage and/or root causes of problems Supporting the implementation of Bank of Americas Risk Framework and enables strong operational risk management identify, escalate and debate risks across responsible business units
Participate in risk assessments to identify the incremental risks if any for the existing business and technology processes where required
Help to drive Enterprise Operational Risk initiatives (eg Strong Risk Management)
Contribute to the preparation of materials for Governance/ meetings (Appropriate Regional SLT, Audit, Compliance, BCMR, Op Risk, Op Loss review meetings and departmental Key Risk Review) Participate when required
Support the Issue Management process including but not limited to

Reviewing the quality of documentation of various compliance activities adherence to divisional and departmental policies and guidelines
Supporting regular and ad-hoc status reporting of Compliance deliverables Develop operational understanding and capability for use of Risk and Control tools (SharePoint, RISE, CMS, CPT, Archer, Access Review tools and others)
Preparing relevant risk and control procedure documentation for reference and use by the Risk and Control team and application contacts, where required

Requirements

Strong analytical skills & communication skills
Above average written communication skills including documentation of findings
Prioritization and ownership of critical issues
Strong work ethic and team focus
Ability to work independently and within a team
Interpersonal skills to interact in team environment and foster partner relationships
Demonstrated understanding of the importance of business ethics
Must be able to easily adapt to change
Must be able to maintain professional demeanor in times of high stress
Solid presentation skills

Education Bachelors degree in Computer Science or relevant discipline (eg Business Related Field)

Certifications If Any

Experience 4 - 6 years

Mandatory skills

Proficient in all Microsoft Office applications
Expert level Excel skills are required
Intermediate level PowerPoint skills are required

Desired skills

Share-point

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : IT Software : Software Products & Services
Role : Application Programming
Salary : As per Industry Standards
Deadline : 17th Mar 2020

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