Bank Of America Assistant Manager 

India, Haryana, Gurugram 

880327317

Process Overview*

The Data Management team engages in various activities (including, but not limited to):

• Regulatory Reporting related data management Activities: Team support activities related to US Regulatory reports, data validation and resolution of Data quality issues.
• Team performs a critical role in providing centralized support for products such as Loans, Deposits, Derivatives, Cards etc. Data Quality/Validation and analysis for internal and external regulatory 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.

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*

BE/B Tech./MCA/ MBA Finance or equivalent qualifications

Certifications If Any

Experience Range*

3-6 years of Techno-Functional experience in Finance/Banking domain with SQL/Alteryx/Tableau experience.

Foundational skills*

• Good understanding of Regulatory reporting
• Advanced SQL knowledge
• Advanced Alteryx/Tableau knowledge
• Experience in driving change process/ re-engineering & automations
• Strong verbal and written communication skills
• Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize
• Excellent problem-solving, analytical, and decision-making abilities
• Dynamic, high energy, solid work ethic, willing to take on initiatives.
• Able to excel and influence in a cross-functional team structure.
• Flexibility and good negotiations skills

Desired skills

• Working knowledge of Ui Path/ Python

Work Timings*

Flexible between 10:30 AM till 10:30 PM