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*

The Global Finance was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions. The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.

Over the years, the scope of Global Finance has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.

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):

Data Management Activities: This includes implementing changes to different environments. Team is also engaged in activities such as Data Governance, Data Lineage, Production Data Validation, Master Data Management, Metadata management, working on Bulletins, Restatements & Change Tracker items
Data Sourcing and provisioning: The scope of EDA (Enterprise Data Architecture) includes defining and implementing data provisioning strategy to simplify the flow of data from all lines of business into critical enterprise functions. The provisioning strategy includes the definition of Authorized Data Sources (ADS) for domains of transaction data (e.g., mortgage), reference data (e.g., legal entity) and derived data (e.g., capital). This is an Enterprise-wide effort and team is expected to focus on developing/communicating data requirements for targeted Authorized Data Sources (ADS) and validating data in each Transaction ADS as they are built out.

Job Description*

Individual will be a contributing member of the EMEA data operations team, with engagement in activities like Data validation for various regulatory deliverables per guidelines from Prudential Regulatory Authority, Bank of England and Central Bank of Ireland. This would include data validation (trade and counterparty reference data), data sourcing/research, issue resolution and testing, preparation of control and management reports. Griffin is the data warehouse wherein primarily data validation would be performed. Additionally, the individual is required to have good understanding of securities data. Individual will be required to analyze trade data to a granular level and make necessary adjustments if required to the data for accurate regulatory reporting.

Responsibilities*

Data validation and reconciliation for EMEA regulatory reports
Complete Finance Packs / dashboard and also walk through Business/Onshore partners on the same
Manage relationship with Business/Onshore partners
Ability to facilitate monthly production process, assist with project design and other implementation activities
Documentation: provide inputs on the project documents, etc.
Manage/Run controls to identify data quality gaps in underlying data
Should be ready to work as an individual contributor
Knowledge of Capital markets and trade related data. Individual should have good understanding of trade products

Requirements*

Education*

Graduate/Post Graduate in Finance. CFA level-2 will also be preferred

Certifications If Any NA

Experience Range*

2-4 years

Foundational skills*

Excellent knowledge of financial products such as equities, bonds, options, swaps and other traded derivatives
Ability to analyze trade data for gaps and perform data adjustments
Understanding on Finrep reporting. Must have either prepared/validated/scrutnized Finrep report
Ability to independently communicate with stakeholders
Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment
Professional written and verbal communication skills
Strong organizational skills and attention to detail, and good with numbers
Strong relationship management and interpersonal skills, ability to build strong rapport, respect and trust with key stakeholders and constituents

Desired Skills

Understanding of EMEA regulatory requirements such as Corep/Finrep
Understanding of Counterparty Credit Risk
General ledger reconciliation experience
MS Excel knowledge
Alteryx/Tableau and automation skills

Work Timings*

11.30am - 8.30pm or 12.30pm - 9.30pm

Job Location*

Primary - Mumbai

Secondary - Gurugram

Team Leader

Assistant Team Leader, Seller Operations