Senior Product Owner - Technology Delivery Gbs jobs at Bank Of America in India, Mumbai

Job Description

Build FinTech solutions for banking, trading, and finance across all segments of the global market. These include award winning web & mobile applications, data science and analytics, complex event processing, cloud solutions, low latency applications, and responsive experiences.

• Work with global development teams and business partners across USA, UK, Europe and Asia Pacific Capture and translate business / functional requirements for banking, trading, markets
• Good at problem solving and quantitative skills
• Design and architect solutions based on requirements or based on your innovative ideas
• Develop software in agile and iterative cycles using continuous improvement tools and techniques
• Test software using test driven development and embedded QA teams
• Identify, escalate, and resolve incidents and issues
• Participate in innovation programs, developer forums, Hackathons
• Good written and verbal communications skills with good positive attitude

Change enabler in an organizational context by defining needs and recommending solutions that delivers value to clients.

• Good at problem solving and quantitative skills
• Work closely with the business to capture requirements
• Analyze business and functional requirements provided from the business
• Document functional and operational impacts to associates and customers
• Assist in completion and documentation of designs (functional and technical)
• Provide expert knowledge on assigned application(s), functionality and associate/customer processes
• Develop expert knowledge on business processes, rules, and regulations
• Document the interaction of data, functions and business processes for selected functionality
• Prepare analysis schedule
• Conduct the feasibility study of the current system
• Track issues / reporting
• Good written and verbal communications skills with good positive attitude

Specialist in discovering the unexpected & bring confidence in software

• Good at problem solving and quantitative skills
• Verify that the application meets all functional business requirements
• Ensure that all component changes are tested against areas impacted and that solutions work from an integration/operations perspective
• Include the scope, test cycles, risks, regression testing approach, environment requirements, data requirements, metrics, and work plan
• Develop test conditions and build test scripts based on functional design specifications and the test approach
• Confirm the architectural stability of the system with a focus on functional, load testing,fail-over/recoverabilityand operational testing. In some systems will also monitor, measure, and optimize individual and combined hardware and/or software components for optimal performance
• Perform unit testing and component integration testing
• Design and Develop Technical Test Approach, Load Tests, Fail-over and Recoverability Tests and Operational Tests
• Document and execute Test Scripts & report the execution progress
• Identify & escalate stoppers / concerns /issues to the project management team early.
• Ability to work as a team player in an agile way of working.
• Serve as a quality gatekeeper for the application releases.

Infrastructure & Environment control specialists supporting all streams

• Support the efforts of development teams through development and testing environment creation, hardware and software configuration, build and migration coordination and technical support
• Handle escalated production support issues
• Configure software for supporting specific developer applications
• Coordinate the migration of configuration changes across environments
• Migrate code from component integration test to systems integration test
• Install and configure server applications
• Track issues
• Good written and verbal communications skills with good positive attitude

Front face of IT department and an all-rounder in support

• Provide application support to the production environment
• Maintain detailed support processes and operations framework to make sure the application availability
• 24/7 Production control to ensure applications are available and running at peak efficiency
• All aspects required to process batch production within application services
• Proactively monitor application availability, performance, response time, exceptions, faults and failures using a range of proprietary as well as third party monitoring tools
• Provide usage trend analysis and status reports
• Be part of incident Triages, provide relevant information and proper communication to stakeholders
• Good written and verbal communications skills with good positive attitude

Front face for Cyber Security events, incidents and an all-rounder in technical & operational support

• Regular analysis of Cyber Security information
• Replying to general Cyber Security queries
• Assist in Cyber Security investigation
• Supporting Identity and Access Management
• Identify vulnerability in Cyber Security which requires remediation
• Recording and responding to Cyber Security events and incidents in timely fashion
• Review, monitor and maintain Cyber Security controls and their implementation
• Auditing of systems, services and processes against policy, best practice and standards in a methodical and clearly documented fashion

Responsible for defining, documenting, and publicizing strategic roadmap for various cyber security technology stacks for Bank of America

• Contributing to the development of innovative software capabilities to secure Bank products using DevSecOps pipelines and automation
• Participating in rapid prototyping and product security software research and development projects
• Innovating new software-based capabilities to secure software containers from internal and external cyber-attacks by being able to detect, respond, and recover without human intervention or mission degradation
• Participating in the development of algorithms, interfaces and designs for cyber-secure and resilient software systems
• Performing collaborative design & development with other engineers and suppliers
• Joining a team performing cyber risk assessments and developing risk mitigation plans
• Performing analysis of systems and components for risks, vulnerabilities, and threats
• Supporting incident response and mitigation
• Monitor networks for security breaches and investigate a violation when one occurs
• Develop security standards and best practices
• Assist with maintaining a strong cybersecurity posture
• Assist in developing new policies, design processes, and procedures, and develop technical designs to secure the development environment and trainer systems
• Assess system vulnerabilities, implement risk mitigation strategies, and validate secure systems, and test security products and systems to detect security weakness

Process Overview

Team ensures software is developed to meet functional, non-functional and compliance requirements, coding solutions, unit testing, and ensuring the solution can be integrated successfully into the overall application/system with clear, robust, and well-tested interfaces. Job expectations include an awareness of development and testing practices in the industry.

Job Description

This job is responsible for developing and delivering complex requirements to accomplish business goals. Key responsibilities of the job include ensuring that software is developed to meet functional, non-functional and compliance requirements, coding solutions, unit testing, and ensuring the solution can be integrated successfully into the overall application/system with clear, robust, and well-tested interfaces. Job expectations include an awareness of development and testing practices in the industry.

Responsibilities:

• Codes solutions and unit test to deliver a requirement/story per the defined acceptance criteria and compliance requirements.
• Utilizes multiple architectural components (across data, application, business) in design and development of client requirements.
• Performs Continuous Integration and Continuous Development (CI-CD) activities.
• Contributes to story refinement and definition of requirements.
• Participates in estimating work necessary to realize a story/requirement through the delivery lifecycle.

Education:

• B.E./ B. Tech

Experience Range

• 6-8+ years

Foundational Skills:

• Application Development
• Should be proficient in Java, preferable Java 8 or above.
• Should have hands on experience on Spring Framework and Spring boot.
• Should have good working knowledge on SQL queries (Oracle and Hadoop platform).
• Automation
• Collaboration
• DevOps Practices
• Solution Design
• Agile Practices
• Architecture
• Result Orientation
• Problem Solving

Desired Skills:

• Good communications skills.
• Experience working on Autosys and Linux is an advantage.
• Knowledge on Ansible and Jenkins is also preferable.
• Having some experience on L2 prod support is also preferable.
• Good Team player.

Work Timings: 11:30 AM – 8:30 PM

:MUM

Responsibilities*

• Design, implement, and enhance quantitative models (including risk, statistical, and machine learning models) to support balance sheet management decisions

• Conduct research and analytics on balance sheet-related topics, including asset and liability management, funding strategies, and risk management

• Collaborate with internal stakeholders, including trading desk, finance, and risk management teams, to ensure alignment and effective implementation of balance sheet management strategies

• Develop and maintain automated processes and procedures to ensure efficient and effective balance sheet management

Requirements*

Certifications If Any - CFA/FRM

Experience Range*

8 to 12 years

Foundational skills*

• Advanced degree in quantitative finance, engineering, or a related field, or equivalent work experience

• 8+ years of experience in financial analysis, trading, or risk management, with a focus on balance sheet management

• Programming skills in Python or other object-oriented programming languages, with experience in modeling and data analysis

• Understanding of financial markets, liquidity, and risk management concepts

• Strong critical thinking, attention to detail, analytical, and problem-solving skills

Desired skills*

• Advanced programming skills, including deep knowledge of Python or C/C++, familiarity with data structures and standard algorithms, and design patterns

• Experience with derivatives ( OTC or listed), as well as other financial instruments

• Solid foundation in statistics and machine learning, with experience in applying these concepts to balance sheet management or risk management problems

Work Timings*

12:30 PM to 9:30 PM

Process Overview:

Global Banking & Markets division serves mid- to large-sized corporations and institutional clients worldwide. The Risk and Finance Technology team provides end-to-end technology solutions and support for Chief Risk Officer and Chief Financial Officers. Global Regulatory Reporting Technology partners with Global Finance Controllers & CFO business stakeholders to automate complex business processes that satisfy current regulations and position the firm to address future regulatory requirements. Operational and Line of Business Regulatory reporting comprises of Regulatory disclosures, financial and nonfinancial reporting to all the stakeholders across the globe. The portfolio is responsible for designing, building and maintaining high performing software systems that are used by APAC, EMEA and US regulators globally.

• Proven experience in controlling implementation projects across various banks.
• Participated in the design and implementation of new business processes.
• Identifying and implementing process improvements

Responsibilities

• Creating the technology strategy and ensuring technology solutions comply with enterprise data management standards, global records management standards, and data quality and control practices for authorized data sources.
• Interacting with Business and Technology team
• Learn new technologies when directed as future development may involve diverse development platforms, software, hardware, technologies, and tools.
• Key responsibilities include communicating the objectives, coordinating delivery, managing risks, ensuring compliance to standards, and providing end-to-end visibility into the health of the project.

Requirements

• Education : B.E. in Computer Science / Electronics / MBA in Finance
• Certifications If Any : NA
• Experience Range : 12 – 17 Years

Foundational Skills:

• Experience in managing fast paced, challenging technology delivery teams
• Responsible for planning, coordinating and delivery of projects requiring engagement from multiple teams and stakeholder groups.
• Ensure execution and delivery meets the client’s expectations in terms of the functionality, quality, timeline, and cost.
• Facilitate communications and connects between business and technology leaders across multiple organizations.
• Project management experience including stakeholder management, project communications, risk management, resource management and planning/execution of complex set of deliverables.
• Delivery experience in a regulated environment with ability to ensure adherence to audit requirements, operational standards, and enterprise change management standards.
• Experience in delivering software projects/programs with working knowledge of analysis, development, testing and release management practices.
• Excellent communication skills with experience in engaging and leveraging technology teams, vendors, and business partners to efficiently deliver business solutions.
• Ability to work on own initiative in a fast-paced environment with attention to detail.
• Hands on approach with pragmatic decision-making capability.
• Experience with work management and collaborative tools such as JIRA and Confluence.
• Experience with Agile methodologies.
• Ideally financial services experience with an understanding of financial products, business processes and terminology
• Ability to work in multi technology project.
• Knowledge on Investment banking, strong understanding of data related technology stack is a plus.
• Excellent oral/written communication skills / Stakeholder Management Skills
• Organized and able to multi-task in a fast-paced environment
• Highly motivated, able to work independently, self-starter; and problem/solving/analytical.
• Excellent interpersonal skills; positive attitude; team player; flexible
• Willingness to learn and adapt to changes.
• Create an inclusive and healthy working environment and help to resolve organizational impediments/blockers.
• Lead and create followership in Communities of Practice in the organization.
• In line with Agile principles proactively perform robust testing on developed components

Desired skills:

• Knowledge on Financial Regulatory Reporting.
• Global Markets and Products knowledge is a plus.
• A proactive approach to problem solving and think innovatively.

• Work Timings : 11 AM to 8:00 PM
• Job Location : Chennai/Mumbai

Job Description*

This role is of an experienced manager, who is responsible for leading a team to maximize the value delivered through multiple programs/process and/or value streams within complex processes (Responsibilities section below). Their primary responsibility is to manage people, ensuring they are developing through coaching, mentoring, feedback, and hands-on career development. Other key responsibilities include aligning strategy and execution by applying Lean and system thinking approaches to strategy, process operations and governance. This role manages the process, ensures compliance to standards, and drives continuous improvement to operations and governance.

Responsibilities*

• Access Provisioning and De-Provisioning – Leads a team that performs user id administration (additions, modifications, deletions) for operating systems and in-house platforms based on information contained on access administration forms, or pre-defined Role Based Access Control definitions. Should support team with hands on day-to-day BAU work
• Privileged Access Management - Support delivery of Privileged Access Management capabilities associated with UNIX and Linux server systems
• Role Based Access Control - To compile, research, analyze and document data, requirements, workflow/processes, functionality and/or controls for Identity and Access Management team, Role Based Access Control workstream
• Governance & Controls - Enforces security policies by administering and monitoring roles, reviewing violation reports and document controls
• Audit Reports and Inactive users report - Performs inactivity cleanup for users on various applications
• Process building/ Re-Engineering skills - Maintains organization's effectiveness and efficiency by defining, delivering, and supporting strategic plans for implementing information technologies, process improvements & automations
• Risk Management - Review and Monitor the process for risk evaluation and reduction along with audit readiness
• Define responsibilities and supervise the IAM team as per the security operations and controls
• Generate regular reports for management on IAM program status, risks and user activities
• Monitor compliance with financial services policies, regulations, and customer requirements through risk assessments and audits
• Strategic Planning – Align IAM program priorities with the business growth and market trends, ensuring solutions are scalable for future need

Requirements*

BE/BTECH/MCA/MSC (IT) equivalent (Any Technical Degree)

Certifications If Any

CIAM / CISM / CISSP

Experience Range*

12+ years of technology/information security experience with minimum 5 years of IAM and 8+ year of leadership experience

Foundational skills*

• Expertise in leading Identity and Access Management (IAM) managed services delivery or operations. Experience in managing security, provisioning of Infrastructure platforms
• Expert in Privileged access Management maintenance and sustainability
• Understanding on IAM policies and controls/SOX controls/Information Security Controls Expertise in global service delivery in information security domain Expertise in information security industry and regulatory standards, policies, procedures, and control systems
• Excellent leadership, stakeholder management and program management skills.
• Effective verbal, presentation, written and interpersonal communication skills. Good negotiation, conflict resolution and decision-making skills
• Working Knowledge of tools like Powerbroker, CyberARK, Secret Vaults, IIQ
• 2+ years advanced scripting skills/Shell scripting (Knowledge on Python is a plus)
• Experience with Role Base Access Controls / SOD / PAM
• Strong understanding of multiple platforms, (RACF, Active Directory, UNIX and AS/400, Vintella)

Desired skills*

• Knowledge of Cyber Security, Risk Management, Agile stc
• Network / Systems Administration, Excellent Communication Skills
• IAM implementation and managed services delivery experience in technology consulting companies with experience in US banking sector

Work Timings:12:30 to 21:30 (IST)

Mumbai

Process Overview*

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.

Job Description*

The Regulatory Reporting tower comprises of US Regulatory Reporting (CRR) team and Europe Regulatory Reporting (ERR) team. This is a part of the CFO-Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC, PRA, Bank of England, Central Bank of Ireland and other regulators. The group works closely with business and finance units across the organization to gather, analyze and report information under regulatory definition and requirements.

Responsibilities*

• Regulatory Reporting tower is seeking a highly motivated individual seeking to expand their knowledge and expertise. The candidate will be responsible for managing & leading the AnaCredit regulatory reporting category within Europe Regulatory Reporting teams.
• The successful candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
• Drive timely and accurate production, review and filing of AnaCredit reports
• Review Sign off/Management pack ahead of review by Report owner/Senior Management
• Support Audit/Regulatory examination/Identify and remediate SIAI/AIAIs etc.
• Drive completion/updation of Report Data Dictionaries, Strengthen governance and controls, Operational excellence initiatives
• Work closely with teams across the organization including: GFC-COO team, Enterprise Stress Test, Lines of Business, Operations & Technology, Risk, Compliance, Financial Controls and Oversight, Audit, LEC and other GFC (Global Financial Control) teams to resolve regulatory reporting issues/MIS etc.
• Be a quick learner and possess intellectual curiosity and proactively investigate issues
• Strive for quality and accuracy and have the dependability necessary to meet strict deadlines
• Pay rigorous attention to compliance procedures
• Strong people management skills.

Requirements*

CA/CWA/ CPA + MBA (Finance)

Certifications If Any – NA

Experience Range*

15-17 years of total experience in banking of which at least 10 years of relevant experience

Foundational skills*

• Knowledge and Experience in AnaCredit report category, Understanding of data flows / Systems knowledge
• Experience in reviewing reports with extensive data and attention to details
• Ability to manage multiple stakeholders
• Proficient with working on various systems and applications and understand the data flows
• Ability to deal with ambiguity, Partner with multiple teams viz. Change, Data mgmt., Line of business, senior management, Audit, LOB, Accounting policy etc. and drive open issues to closure, Strong internal and external stakeholder management skills
• Experience of handling queries from Regulators, Auditors and other stakeholders; Experience in regulatory instructional changes, Cross functional projects, strong control mindset
• Strong Process and people leader traits, Communication and influencing skills
• Experience in dealing with one or two Key regulators viz, Central Bank of Ireland, PRA, Bank of England
• Strong Control and governance mindset, Strong Project Management Skills
• Having good exposure to MS office including MS Word, Advanced Excel and Advanced Power point.
• Excellent communication & presentation skills
• Ability to understand the financial statements pertaining to Banking Industry
• Able to excel and influence in engagements within a cross-functional team environment, and so effectively collaborate with team members and business partners to produce quality results
• Strong analytical skills with strong time management skills.
• Detail-focused and structured approach to defining, executing and evidencing deliverables, demonstrating high level of ownership
• Self-motivated and independent having an excellent control mindset (both application and review of control activities)
• Dynamic, high energy, solid work ethic, willing to take and own development initiatives

Desired skills*

• Strong computer skills (advanced excel and macro/access) and Oracle/SAP experiences are preferred
• Exposure to emerging technologies like Alteryx, Tableau, UI Path, etc.
• Understanding of BASEL norms, Capital Markets, Banking products like Deposits, Loans and Leases, Securities, Derivatives & commitments

Work Timings*

11.30 AM to 12.30 AM (13 hour window – 9 hour shift), Stretch basis report requirements and US Stakeholder support needs

Process Overview*

Global Information Security (GIS) functions by analyzing, researching, improving, defining, implementing, and executing information security processes defined, in large part, by past high profile audit issues. Key responsibilities include Data Quality management of closed manually identified P2 vulnerabilities, developing an understanding of the LOBs that report vulnerabilities via manual flat file to GIS, following standard practices and procedures in analyzing situations or data, and supporting team members in performing specialized GIS functions, primarily Data Quality assurance. Job expectations include partnering with teams inside, and outside, of GIS, inclusive of GIS, CTI, EET, APS&E, GT Risk, and others.

Job Description*

Position will be a member of the Third Party Cyber Security Alternative Assurance Program (TPAAp) organization in Global Information Security (GIS), responsible for conducting information security assessments of third parties by reviewing independent audit reports (e.g., SOC 2 Type 2, ISO 27001, PCI DSS RoC) or Self Attestation / Assessment reports (e.g., SIG, PCI DSS AoC) to document a point of view on the information security posture of the third party. The position will be a key player in driving strategic initiatives focused on the design of Third Party Alternative Assurance (TPAA) program requirements, governance routines, consequence processes, and third party risk metrics and reporting. In addition to supporting strategic initiatives, the position will include analyzing and interpreting diverse information security risk indicators to deliver actionable insights into third party information security risk and enable prioritized cyber security assurance approaches. Position requires interaction with the third party cyber assessment team, technical subject matter experts, GIS Policy, and the internal and external third party management community.

Responsibilities*

• Candidates must have at least 8-10 years of relevant experience. (Previous information technology/security audit/assessment experience is a plus.).
• Previous security audit/assessment or remediation experience.
• Previous experience reviewing independent audit reports / certification (e.g., ISO 27001, SOC 2 Type 2, PCI DSS RoC).
• Previous experience reviewing self attestation / assessment reports (e.g., SIG, PCI DSS AoC).
• Self-starting, organized, and requiring minimal management oversight.
• Ability to operate across organizational boundaries and hierarchies to accomplish tasks.
• Strong analytical skills/problem solving/conceptual thinking/attention to detail.
• Ability to work effectively with peers and various levels of management.
• Well organized and thorough, with the ability to balance and prioritize.
• Excellent verbal and written communication skills across multiple levels of the organization.

Requirements*

Education* :B.E. / B Tech / M.E. / M Tech / MCA / M.Sc.,

Certifications (If Any) :ISO 27001 LA, Ethical Hacking, CISA, CISM

6 - 9 years

Foundational Skills*

• Experience in Information Security Management
• Experience in Governance, Risk & Compliance
• Experience in internal or external audits
• Experience with ISO 27001 and SOC 2 Type 2 control frameworks.
• Experience in implementing or reviewing ISO 27001, PCI, SOX, etc., controls
• Strong analytical and problem solving skills
• Excellent written/verbal communication skills

Desired Skills*

• Knowledge in Vulnerability Assessments and Application Architecture
• Cloud Security
• Understanding of Networking, Systems Admin, Cryptography, Access Management

Work Timings* :1:30 PM - 10:30 PM

HYD, MUM, CHN