Chat us
Call us
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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to gain experience, grow and make an impact, along with the power to make a difference. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview*
CFO Data Management India team was set up in 2023 as a part of the CFO Global Delivery strategy to provide offshore delivery to CFO Data Management, part of Enterprise CFO functions, consolidating legacy functions of Finance Data Management and Treasury Data Management. The capabilities hosted include Data Analysis, Product specialists with understanding of underlying Data for Regulatory Reporting, Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing and Finance Systems Support
Data Management team enables the Finance Organization and supports data needs of finance business users.
The Data Management team engages in various activities (including, but not limited to):
Job Description*
Supporting Global Regulatory Reporting team to enrich the regulatory reporting by performing Daily, and Monthly Data Controls and Reconciliations to cover data Gaps and needs to perform set of controls for reference data management at product and reference data level. Built and test Data controls on SQL and implement via Alteryx. Data controls and data validations and reconciliations are to achieve a greater control on data prior the submission of regulatory reports to regulators.
The role will involve collaborating with multiple onshore business partners across the bank to understand different reporting systems. The candidate will be required to understand the regulatory reports and need to proactively engage with the onshore change management and technology teams responsible for improving our data quality and assist efforts on feed development / enhancement and overall process design to close the gaps identified. Also, the candidate should have advanced level of Alteryx and SQL knowledge to work on process enhancement and automations.
Responsibilities*
• Monthly/Daily production run of DQ/DV control checks for US Reporting
• Perform root cause analysis of data gaps and drive remediation
• Understand, explore and achieve the scope of automation and remediation after coordinating with downstream and upstream stakeholders like middle office, finance operation and other related business functions
• Engagement with Global Regulatory Reporting and Product’s SME and other stakeholders to discuss the new requirements via intake forms and to understand the new requirements along with the expansion on validation and analytical process.
• Partnering with external and internal auditors to drive the soundness and successfully execution of internal control programs
• Reconciliation of GL balances with Data sources for identifying gaps and drive resolution
• Engage with business and technical stakeholders at varied levels to align on key objectives and provide data control oversight and proactively escalate and mitigate risks, and ensure adherence to applicable regulators and policies
• Design and Development of data controls
• Work with business partners to expand data quality/data validation and analytical processes
• Visualize data gaps using Tableau
Requirements*
Education*
BE/B Tech./MCA/ MBA Finance or equivalent qualifications
Certifications If Any
Experience Range*
0-3 years of Techno-Functional experience in Finance/Banking domain with SQL/Alteryx/Tableau experience.
Foundational skills*
• Basic understanding of Regulatory reporting
• Intermediate/Basic SQL knowledge
• Intermediate/Basic Alteryx/Tableau knowledge
• Experience in driving change process/ re-engineering & automations
• Strong verbal and written communication skills
• Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize
• Problem-solving, analytical, and decision-making abilities
• Dynamic, high energy, solid work ethic, willing to take on initiatives.
• Able to excel and influence in a cross-functional team structure.
• Flexibility and good negotiations skills
Desired skills
• Basic knowledge of Ui Path/ Python
Work Timings*
Flexible between 10:30 AM till 10:30 PM
Job Location
*Mumbai/Gurugram
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 Team Leader 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.