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Mumbai, Maharashtra, India
Onsite
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!
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 NA
Experience Range*
0-3 years of Techno-Functional experience in Finance/Banking domain with SQL/Alteryx/Tableau experience.
Foundational skills*
Desired skills
Work Timings*
9 hours shift between 11 AM and 11 PM
Job Location*
Mumbai / Gurugram
