Senior Manager
Bank of America
Senior Manager
Mumbai, India
**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 learn, 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 Liquidity/ 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 is involved in various activities (including, but not limited to):
Regulatory Reporting related data management Activities: Team support activities related to US and EMEA Regulatory reports, data validation and resolution of Data quality issues. Team performs a critical role in providing centralized support for Global Banking and Market products ( Treasury, Traded, Loans & Deposits etc.) data validation and analysis for internal and external Liquidity reporting. Team is engaged in activities such as validation of data for regulatory reports, data quality issue resolution, data reconciliation with authoritative sources and posting adjustments. Team actively works on strategic initiatives aimed at improving the quality of numbers reported in regulatory reports Data Sourcing and provisioning: This includes defining and implementing data provisioning strategy to source the data from all lines of business into regulatory reports and management reports. Team is actively involved in sourcing initiatives where it works with various source systems, technology teams and report owners to source the data into regulatory reports as per regulator and stakeholder requirements.
**ob Description***
This role will be responsible for supporting Counterparty / Client reference data. The primary functions include partnering with data users, upstream data providers, and technology teams to research and drive resolution of data issues, document and communicate new business and data requirements, test data and functionality changes, and develop and maintain controls to ensure the integrity of the data. Additionally, the role is responsible for supporting periodic audits and exams by the internal audit and compliance organizations and various Bank regulatory agencies.
**Responsibilities***
Individual will be required to perform following responsibilities (this is an indicative list and could vary depending on business priorities)
+ Work directly with partners in Global Regulatory Reporting , Global Liquidity Management, Enterprise Capital Reporting, etc., to understand their needs and the related market products data implications
+ Ensures data is accurate, complete, and fit for performing data analyses through various testing procedures and data controls which help to identify business insights fit for purpose for a particular product set
+ Continually grow and expand market products and use-case knowledge, with a focus to understand the ‘why’, to anticipate and proactively address questions and issues before they occur
+ Leverage SQL, Excel, and other analytics tools to identify and understand data issues, quantify impacts, or provide answers to time-sensitive business, audit, and regulator questions
+ Ability to debug SQL/oracle procedures to fix them and also able to write them from scratch as per project requirement
+ Develops, manages, and executes on controls, ensuring tracking, monitoring, and resolution of any control breaches with data platform
+ Constantly evaluate our processes to ensure data risks are identified and properly mitigated, while seeking opportunities to simplify, automate, and improve wherever/whenever possible
+ Data validation & reconciliation: production support, monthly trend analysis or ad hoc analysis
+ Data sourcing, mapping and analysis, reporting
+ Lead Projects (e.g. Authoritative Data Sources adoption): laying test cases & writing test scripts, testing data- analyze results of testing –identify defects and solution for items out of tolerance.
+ Coordinate with business partners, project management team, technology as per requirement in the project
+ Documentation – Provide Inputs on the Project documents etc.
+ Continually identify process improvement opportunities
Liaison and Change
+ Build relationships across CFO DM teams including stakeholders e. g. Technology, Treasury, Liquidity to understand and resolve accounting and reporting issues.
+ Support change agenda across group and ensure processes are efficient, consistent, and sustainable, making best use of technology.
+ Supporting DM and enterprise Operational Excellence initiatives
+ Exposure to Emerging technologies like Alteryx, Tableau, UiPath, etc.
**Requirements***
**Education***
Excellent Finance background (Commerce graduate/Finance Post graduates )
Advanced SQL experience and understanding of relational databases
Certifications If Any NA
**Experience Range***
9 – 12 years
**Foundational skills***
+ Advanced SQL experience and understanding of relational databases.
+ Advanced Microsoft Office suite software skills (Excel, Access, Word, SharePoint, One Note, Project)
+ Experience with process automation using tools such as Tableau and Alteryx
+ Significant experience in technology data/risk assessments and remediation efforts.
+ Builds Partnerships - broad-based business relationships across the enterprise. Positively and skillfully influences peers, colleagues, leaders and business partners to collaborate and deliver consistent quality results.
+ Strong organizational ability and extremely detail oriented
+ Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one-on-one to presentations)
+ Dynamic, high energy, solid work ethic, willing to take on new defined and undefined initiatives.
+ Ability to think laterally and identify possible solutions to problems.
+ Able to excel and influence in a cross-functional team structure
+ Driven to learn and develop new skills.
+ Self-motivated and independent having an excellent control mindset.
+ Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes.
+ Able to work in a fast paced, deadline-oriented environment.
+ High level of ownership and attention to detail
+ Ability to apply sound judgment, provide effective challenge and display confidence to challenge.
+ Ability to self-manage and prioritize, pursue goals and consistently deliver results.
+ Ability to apply sound judgment, provide effective challenge and display confidence to challenge.
+ Ability to self-manage and prioritize, pursue goals and consistently deliver results.
+ Flexibility and good negotiations skills
+ Exposure to Emerging technologies like Alteryx, Tableau, UiPath, etc.
+ Driving innovation and transformation in finance
**Desired skills**
Product Knowledge, Data Analysis, Regulatory reports knowledge, Tableau
**Work Timings***
9 hours shift between 11 AM and 11 PM
**Job Location***
Mumbai
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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