Assistant Manager

Bank of America
Hyderabad
Workplace: OnsiteFull timeFunction: Administration & Executive AssistanceExperience: 2-3 yearsEducation: mastersSkills: ["Communication","Risk management","Data analysis","Problem-solving","Collaboration"]

Support sanctions filtering operations by developing and maintaining Fircosoft-based rules and exceptions, reducing false positives in OFAC queues, and analyzing OFAC hit rates. Execute regression and systemic testing (FOF), work across multiple data sources with SQL and analytics tools, and generate dashboards/reports to drive data-driven process improvements. Collaborate with onshore business partners and Global Economic Sanctions teams while mitigating compliance and operational risk.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Bank of America
Bank of America
1 month ago

Assistant Manager

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 16 days agoStatus: Live
Reposted: similar role first listed 4 months ago

Job Summary

Support sanctions filtering operations by developing and maintaining Fircosoft-based rules and exceptions, reducing false positives in OFAC queues, and analyzing OFAC hit rates. Execute regression and systemic testing (FOF), work across multiple data sources with SQL and analytics tools, and generate dashboards/reports to drive data-driven process improvements. Collaborate with onshore business partners and Global Economic Sanctions teams while mitigating compliance and operational risk.
Location: Hyderabad
Workplace: Onsite
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Mid level

Key Responsibilities

  • •Develop and maintain rules and exceptions to manage coding volumes.
  • •Support reduction of false positives in OFAC queues and ensure format errors are resolved.
  • •Perform detailed OFAC hit-rate analysis and produce structured outputs to LOB.
  • •Execute systemic testing, including FOF, to support business requirements.
  • •Monitor compliance risk using dashboards/analytics and support audit reviews.

Key Requirements

  • •Strong written and verbal communication skills.
  • •Advanced Excel skills, including formulas and macros.
  • •Ability to create and maintain VBA modules.
  • •Experience with MS Access and basic programming knowledge.
  • •Strong SQL skills for data extraction and analysis (plus knowledge of data modeling).
Experience:2-3 yearsSanctionsPaymentsCompliance
Education:Master's in CSE/IT/BSc computer science / MCA
Skills:CommunicationRisk managementData analysisProblem-solvingCollaboration
Tech Stack:FircosoftFMLFMMFFFExcelVBAMS AccessSQLMicrosoft OfficeSix SigmaOFAC

Company Brief

Bank of America
One of the largest banking institutions in the United States, providing consumer and commercial banking, wealth management, investment banking, and financial services to individuals, businesses, and institutions globally.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1904
WebsiteLinkedIn