Technology Manager jobs at Bank Of America in India, Hyderabad

Process Overview:

AML KYC process deals with performing the onboarding of institutional clients that includes Global Banking and Global markets. It involves performing the KYC Process and enhanced client due diligence leveraging the product called as AWARE (Anti Money Laundering Workflows and Rules Engine). The process involves identifying an activity pertaining to Anti Money Laundering. The process includes 4 phases, Onboarding, Due diligence, Refresh and Offboarding. It interacts with various downstream systems which act as the actual system of record, retrieves, aggregates, runs the rules, flag for either Green, Red or Amber

Responsibilities:

• Database Engineering & Optimization
  • Design, develop, and optimize complex PL/SQL procedures, packages, and triggers to support critical banking applications.
  • Perform SQL and database performance tuning for transaction-heavy systems.
  • Ensure data integrity, scalability, and high availability across enterprise banking databases.
• Automation & Scripting
  • Develop robust Unix shell scripts to automate data feeds, file movements, job scheduling, and system monitoring.
  • Create Python-based automation utilities for process optimization, data validation, and reporting workflows.
  • Integrate multiple systems (Oracle, flat files, APIs) for seamless data processing in batch and real-time modes.
• Data Integration & Reporting
  • Collaborate with BI and reporting teams to design ETL pipelines using SSIS/SSRS and support Tableau dashboards.
  • Work closely with compliance and risk teams to automate AML/KYC data workflows, transaction monitoring reports, and exception handling.
• Banking Systems Support
  • Troubleshoot and resolve database or data integration issues affecting core banking and financial systems.
  • Support audits, compliance reviews, and regulatory data submissions.
  • Maintain documentation for processes, data flows, and technical specifications.
• Collaboration & Leadership
  • Partner with cross-functional teams—business analysts, risk, compliance, and IT—to deliver end-to-end solutions.
  • Mentor junior developers and promote best practices in database and scripting standards.

• Gen AI & Prompt Engineering/Co Pilot
  • It is good to have an experience in Gen AI/Prompt Engineering
  • Ability to seamlessly leverage GITHUB Co Pilot
  • Nice to have fundamentals of ML

Requirements:

Education:B.E./B.Tech/M.Tech/M.C.A.

Certifications (if any):NA

08-10+ years

Foundational Skills:

• Bachelor’s or Master’s degree in Computer Science, Information Technology, or related discipline.
• 12+ years of hands-on experience in banking or financial services technology.
• Strong expertise in Oracle, SQL, and PL/SQL development with proven performance tuning experience.
• Proficiency in Unix/Linux shell scripting for automation and job orchestration.
• Advanced Python programming experience for data manipulation, API integration, and automation.
• Exposure to ETL tools (SSIS/SSRS) and data visualization (Tableau).
• Deep understanding of data structures, normalization, and query optimization techniques.
• Gen AI & Prompt Engineering/Co Pilot
• Excellent problem-solving and analytical skills.
• Ability to Lead the team Technically, Code Review/Design reviews and groom/mentor folks
• Strong interpersonal and communication skills; proven ability to work collaboratively in diverse teams.
• Exposure to cloud data platforms (AWS RDS/Redshift, Azure SQL, Snowflake) is a plus.
• Excellent analytical, problem-solving, and leadership skills.

Desired Skills:

• Gen AI/Co Pilot, Fundamentals of Machine Learning

: 11.30 AM – 8.30 PM

Process Overview*

Global Markets Business Finance & Control (BF&C) is a division of Global Banking & Markets (GBAM) Finance responsible for the production and independent validation of Global Markets' profit and loss and balance sheet. The team is also responsible for running valuation controls to ensure fair value of balance sheet in accordance with internal valuation methodology and regulatory requirements. This includes independent price verification of both vanilla securities/derivatives and complex/illiquid assets such as exotic derivatives and distressed assets. Additionally, the team also calculates relevant valuation adjustments including adjustments for illiquidity, concentration, model limitations etc. as applicable. The team is also responsible for calculating and reporting prudential valuation adjustments on a quarterly basis.

Responsibilities*

• Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for Fair Value Hierarchy levelling.
• Working with the Global Valuation Group to ensure ongoing review & enhancement of valuation control methodologies and practices.
• Ensuring procedure documents are accurate and up to date.
• Assisting in the streamlining and enhancement valuation processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.
• Engaging with the key stakeholders including Front Line Units.
• A strong understanding of valuation controls, regulatory rules and governance including Independent Price Verification, Valuation Adjustments and Prudential Valuation.

Requirements*

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Valuation Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products.

Certifications If Any

• CFA / FRM certified candidates would be preferred.
• Advanced education and/or enhanced technical qualifications are a plus.
• Ability to use Access or VBA would enhance the candidate’s attractiveness significantly.

Experience Range*

7+ years of experience in Global Markets Valuation Control role

Foundational skills*

• Alteryx / Tableau / Python knowledge would be an added advantage.

• Have the awareness to escalate potential issues to their supervisor in a timely manner.

• Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels.

• Must be proactive and be a highly motivated self-starter.

Desired skills

• Effective communication skills with English proficiency

• Demonstrated ability to work in a high pressure environment

• Takes initiative and challenges existing processes and procedures in a proactive manner

• Strong team player

• Ability to analyze issues independently and derive solutions

• Analytical skills

• Inherent sense of principles of control through experience and sound judgment

• Reliability

Work Timings*

12 PM to 9 PM IST (EMEA Shift)

Job Description*

Primary products covered will include: TRS swaps (single stock and index), SBL, financing products, options.

Responsibilities*

• Ownership of the Team’s daily & Monthly processes

• Production and reporting of daily P&L to Front Office & Senior Management.

• Reconcile actual P&L with trader estimates and provide flash/actual variance analysis.

• Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis.

• Front-to-Back analysis & reconciliations of front office p&l and balance sheet to firm sub-ledgers,

• Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds

• Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.

• Development & continuous improvement of existing processes & workflow.

• Testing / UAT for systems work ranging from minor system releases to major system implementations.

• Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

• Ensure validity of allocated/attributed balances as well as internal funding charge

• Determining and implementing appropriate accounting policies and procedures with Accounting Policy

• Managing key legal entity, regulatory and PL issues with the business

• Month end Close, including financial disclosures, calculation / recording accounting classification entries

• Contributing to Governance process, operational error reporting and support of other internal control process, including Self-Identified Audit Issue and Operational Risk remediation

Operational Effectiveness

• Leading role in driving team projects, including automation and process enhancement;

• Ensure all front to back breaks are understood, and escalated in accordance with standards

• Ensuring a minimum of manual, standalone processes are maintained. Where tactically used, ensuring a strategic solution is being sought.

• Accurate analysis and recording of operational loss events;

• New Product Review - Involvement in completion of New Product Review documentation for new businesses / products proposed by your trading desk, and the implementation of systems and process changes / improvements that are required

• Development and production of Financial Reporting for business reviews

• Review Monthly financial and key performance metrics with Business and discuss key business strategy and plan

Requirements*

Postgraduate degree or accounting qualification (e.g. Chartered Accountant – CA, CFA L-3, FRM, MBA from Tier 1 Institutes etc.)

Certifications If Any NA

Experience Range*

5 - 7 Years of Industry, Finance or Product Control, Valuation control or market risk experience (esp. experience in delta-one business / equity swaps)

Foundational skills*

• Strong working knowledge of Equity TRS swaps and Delta one products and their associated risks and payoffs

• A good leader with efficient people management skills.

• Strong communication, organization, presentation and interpersonal skills, be able to establish strong working relationships with a board range of stakeholders, ability to influence team at remote locations

• Strong business sense and control mindset, demonstrable risk identification and management

• Strong analytical and problem-solving skills with a demonstrated ability to analyze business processes and workflows and deliver required project to a high standard

• Ability and confidence to tackle new concepts and ideas associate with ongoing change in the business

• Ability to build SME knowledge within the group - provide appropriate level of business, product & process training to the peers & teams

• Ability to juggle multiple tasks and responsibilities

• A ‘Can do’ attitude, self-driven and proactive, be innovative and have the ability to generate new and creative ideas

• Attention to detail, strong Excel skills, good working knowledge of accounting concepts

• Good understanding of Global Market business and relevant experience is preferred

• Candidates with emerging technology (Alteryx, Tableau, Workvia) experience is preferred

Desired skills

• Demonstrated ability to work in a high-pressure environment

• Takes initiative and challenges existing processes and procedures in a proactive manner

• Strong team player

• Ability to analyze issues independently and derive solutions

Work Timings*

7:30 AM to 5:30 PM

Job Description

Responsibilities:

The KRAs of the resource will be as follows:

• As a part of the team, analyze SPI process information on ARIS/POP to help streamline, automate and implement solutions to drive process efficiency and controls across MTM
• Work with a variety of stakeholders and gather information
• Translate discussion and guidance into process flows and process documentation
• Leverage Artificial Intelligence, for Process Data insights
• Develop data reference models along with conceptual, logical, and physical data models
• Perform intake management and report out with respect to people and process performance.
• Experience with taxonomy, terms and definitions, and controlled vocabularies.

Requirements

• Education: Bachelors or Masters Degree
• Exp Range: 10 – 12 year

Foundational skills:

• Expertise in Business Process Management (BPM) methodologies, techniques, and methods, including process mapping/modeling, including knowledge of Enterprise Process Management Tools – ARIS, Process Owner Portal, SDAR, ERD
• Familiar with transformative models, NLP, python, etc.
• Experience with data modeling tools.
• Good stakeholder management skills - Must be a team player and able to work with and through others.
• Exceptional communication skills - both written and verbal

Desired Skills:

• Analytical and abstract reasoning skills, as well as problem solving abilities.
• Inclination towards Continuous Improvement practices
• Training & Coaching skills preferred.

: 11:30 am to 8:30 pm

Job Description*

(Provide a high-level overview of the role and scope of responsibilities)

Primary products covered will include Fixed Income, Money markets, interest rate derivatives, FX derivatives.

Responsibilities*

• Perform Production and Reporting of daily P&L and balance sheet to Front Office & Senior Management.
• Perform Reconciliation of actual P&L with trader estimates and review flash/actual variance analysis.
• Work closely with the trading desks on position, P&L or other issues on an ad-hoc basis.
• Review Front-to-Back analysis & reconciliations of front office P&L and Balance Sheet to firm sub-ledgers,
• Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds
• Analyze traders’ risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.
• Control books, cost center and Business Units for line of business
• Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.
• Develop, standardize & continuous improvement of existing processes & workflow.
• Monitor Testing/UAT for existing or new systems
• Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk
• Optimize Operational Excellence – act as innovator and change catalyst to drive process redesign and realize efficiency across the platform
• Manage and drive risk disciplines and internal controls to deliver the best outcomes for our clients and shareholders
• Be pro-active and engage control partners/ technology to identify and mitigate operational risks
• Build a culture and process to identify, mitigate, and control operational risk.

Job Title*

Senior Manager

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products

Certifications If Any

• CFA / FRM certified candidates would be preferred

• Advanced education and/or enhanced technical qualifications are a plus

Experience Range*

5 to 7 years with at least 4+ years’ experience in Global Markets

Foundational skills*

• Should have good understanding of financial markets, Derivatives & structured notes-their hedging, funding, credit risk etc.
• Line experience coupled with a demonstrated ability to lead technology-based change.
• Proven experience of providing thought leadership to overcome challenges and lead without direct authority, excellent skills with an ability to manage the group of fast paced team supporting multiple business verticals.
• Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.
• Has the gravity to interact at all levels of management to support resolution of complex business issues.
• Demonstrated ability to work in a globally matrixes and significantly multi-geography, multi-cultural offshore service delivery environment.
• A convincing executive presence which conveys composure and confidence in all situations, the credibility and stature to carry stakeholders through influence rather than via the hierarchy.
• Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders.

Desired skills

• Alteryx / Python / Tableau knowledge would be an added advantage.
• Must be proactive and be a highly motivated self-starter
• Effective communication skills with English proficiency
• Demonstrated ability to work in a high pressure environment
• Takes initiative and challenges existing processes and procedures in a proactive manner
• Strong team player
• Ability to analyze issues independently and derive solutions
• Analytical skills
• Inherent sense of principles of control through experience and sound judgment
• Reliability

Work Timings*

12:30 PM IST to 9:30 PM IST

Job Location*

Hyderabad/ Gurugram

Process Overview*

Global Information Security (GIS) – CST-IAAT ( Identity, Authentication & Access Technology) which provides deep engineering skills in Identity, Data model, storage, retrieval, and manipulation in technologies in Cybersecurity. Quite interesting work backlog with innovative technologies for Cyber Security to safeguard bank from Cyber Threat actors and ensure applications are Information & Cyber Secure.

Job Description*

We are a tight-knit, supportive community focused on delivering the best experience for our customers while remaining sensitive to their unique needs. In this role, you will be using the experience you have gained throughout your career to provide firsthand operational deployment and support for commercial and custom software applications. While working within Microsoft and Linux environments, you will be an Technology Lead responsible for researching, designing, engineering, implementing, and supporting information security technologies.

Responsibilities*

• This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
• Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.
• Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.
• Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results.
• Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.
• People Manager & Coach: Knows and develops team members through coaching and feedback.
• Financial Steward: Manages expenses and demonstrates an owner’s mindset.
• Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.
• Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

Requirements*

Education*B.E. / B Tech / M.E. / M Tech / M.C.A

Certifications If Any*: Java/J2EE, React, Database PL/SQL

12+ years

Foundational Skills*

• In-depth knowledge of the various phases of the Systems Development Life Cycle

• 12+ years of Java/J2EE, React ( or equivalent) – FullStack hands-on team leadership experience with a strategic mindset with Agile/Scrum methodology based team
• Solutioning and strong hands on development in FullStack using Java/J2EE, React(or equivalent), PL/SQL, Messaging ( Kafka preferably).
• Worked in Enterprise level architecture or solution based development
• Architectural design or Design thinking
• MBA or equivalent from reputed institute
• Stakeholder management of primarily US based leadership and teams
• Proficient in Windows and Linux access systems
• Knowledge of database systems (MySQL or any RDBMS)
• Systems Engineering and Deployment experience
• Knowledge of policy-based and risk adaptive access controls
• Must be able to identify, analyze and address problems to resolve issues whenever possible in way that minimizes negative impact and risk to the organization
• Ability to work independently on initiatives with little oversight
• Motivated and willing to learn
• A broad knowledge of information security principles
• Identity, Access, Authorization knowledge
• Strong analytical skills/problem solving/conceptual thinking

Desired skills*

• Must be comfortable in delivering messages across a wide spectrum of individuals having varying degrees of technical understanding
• Comfortable with CI / CD process & tools associated with it – e.g., Ansible, Jenkins, JIRA, etc

Work Timings*11:30 AM to 8.30 PM IST

Hyderabad, Chennai

Responsibilities:

• Lead the implementation of Finacle Payments Engine (FPE) platform, including successful integration of the platform with bank systems.
• Leverage domain and technical expertise to set direction and drive project execution. Foresee and proactively address risks, issues, and dependencies.
• Work with business, operations, internal technology teams, and with vendor partners to ensure successful project delivery.
• Act as the primary liaison between the vendor and internal technology teams.
• Manage stakeholder expectations with respect to scope, deliverables, and timelines.
• Coordinate and facilitate routines to support delivery – e.g. kick-offs, status reviews, stakeholder meetings, change controls, tollgates, etc.
• Ensure execution and delivery meets stakeholder expectations in terms of the functionality, quality, timeline, and cost.
• Ensure Enterprise Change Management and other policy requirements for technology solutions are met for the epics/features delivered.
• Measure delivery, maturity, and performance and review the metrics to identify improvement opportunities. Partner with multiple, cross-functional stakeholders across GPS, GT&O and other teams to drive development of execution plans to enable realization of GPE strategies. Execution plans outline multi-year strategic outcomes (based on target state) and the activities required to support achievement of those outcomes.
• Summarize, create presentations, and present initiative-specific, compelling, executive-ready presentations conveying the strategy, business case, and recommendations to Senior and Executive Leadership across product, operations, technology, and compliance.
• Contributes to the technology strategy for Finacle Payments Engine (FPE) platform.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating team-work.

Requirements:

Bachelor’s degree or equivalent in Computer Science, CIS, MIS, Engineering (any), or related with experience in developing applications in the banking or finance industry

Foundational Skills:

• Senior Leader, passionate towards strategy, team building, application integration, corporate payments, technology architecture, resiliency, reporting and collaboration.
• Minimum 08 years of technology delivery experience, with proven ability to manage delivery of complex, integration projects in a matrix organization.
• Finacle core banking implementation and integration experience in a global bank setup.
• Sound knowledge of the Finacle Data Model and the Finacle core banking platform version 11.x.
• Must have played a significant role in implementation of at least 5 or more Finacle implementations in ASIA / EMEA region.
• Strong technology delivery capability and leadership from solution design, E2E program/project delivery to problem solving.
• Hands on delivery experience working with Agile teams and in implementing Scaled Agile/Scrum/Kanban/DevOps practices.
• Experience working with product and service vendors, and with the onshore-offshore delivery model.
• Execution and result oriented. Strong aptitude for critical thinking, problem solving, and decision-making.
• Knowledge of the Payments domain and experience in applying this knowledge to drive operational experience and process improvement is a plus.
• Expertise in executive communications and stakeholder relationship management. Capable of articulating the project status and gaining alignment with stakeholders

Desired Skills:

• Structured Thinking : Being able to understand business processes, identify problems, and take a logical approach on how we could drive improvement.
• Inclusive and Inspiring: Seeking a motivated team player who values collaboration, celebrating shared success and who actively seek and appreciate diverse thoughts and backgrounds.
• Authentic and Passionate: Seeking a highly engaged teammate whose intensity and intentions align and are enthusiastic about the work we are doing for our clients and in our communities.
• Innovative and Curious: Seeking a teammate with out-of-the box ideas and solutions, who embraces change with a future-forward mindset, and are looking to challenge the status quo.
• Intellectual Curiosity : Ability to take on complex business problems and learn about new approaches that can drive value to the organization.
• Confident and Agile: Seeking a very strong communicator who values giving and receiving feedback, easily builds relationships, and who is a quick thinker, flexible, and always learning and sharing knowledge
• Tenacity: Proactive and resilient in pursuing objectives despite challenges, ability to multitask and balance competing priorities
• Analytical: Strong analytical skills sufficient to identify trends/opportunities within financial/market data and to locate/interpret competitive information.
• High EQ: Collaborative team-player with high emotional intelligence. Strong influencing skills, coaches and mentors’ others, potential for executive leadership
• Communication Skills : Proven ability to communicate complex topics and translate between business and IT stakeholders, Strong problem-solving skills, including situation analysis, problem identification, and solution recommendation strategies.
• Growth Mindset - demonstrates curiosity. Welcomes failure as a learning opportunity.

: 10:30am to 07:30pm