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Bank Of America Senior Manager 
India, Maharashtra, Mumbai 
922179355

24.01.2025

Job Description*

  • The candidate will be responsible for Financial Planning and Analysis (FP&A) for the Consumer Banking, Wealth, and Investment management business, and in addition will be responsible for analysis of data for decision making by senior leadership.
  • The individual will play a key role in the team responsible for FP&A and data analysis and would manage multiple projects in parallel by ensuring adequate understanding of the requirements to deliver data analysis solutions.
  • These projects would be complex and time critical which would require the candidate to comprehend & evaluate the strategic business drivers to bring in efficiencies through automation of existing reporting packages or codes.
  • The work would be a mix of standard and ad-hoc deliverables based on dynamic business requirements.
  • Technical competency is essential to build processes which ensure data quality and completeness across all projects / requests related to business.
  • The core responsibility of this individual is process management to achieve sustainable, accurate and well controlled results.
  • Candidate should have a clear understanding of the end-to-end process (including its purpose) and a discipline of managing and continuously improving those processes.

Responsibilities*

  • Preparation of various FP&A reports (revenue, headcount, other KPIs etc.) including performing variance analysis
  • Responsible for the forecasts and planning/budgeting process. Review and analyze variances and ensure alignment with the forecast
  • Perform month end review and control
  • Responsible for the preparation of various business reviews and ad-hoc financial analysis to support senior management decisions
  • Understand business requirements and translate those into deliverables. Support the business on periodic and ad-hoc projects
  • Managing and improving the work: develop full understanding of the work processes, continuous focus on process improvement through simplification, innovation and use of emerging technology tools, and understanding data sourcing and transformation.
  • Managing risk: managing and reducing risk, proactively identify risks, issues and concerns and manage controls to help drive responsible growth (ex: Compliance, Operational – SAFER, Self-Identified Audit Issues, procedures, data management, etc.), establish a risk culture to encourage early escalation and self-identifying issues
  • Effective communication: deliver transparent, concise and consistent messaging while influencing change in the teams.
  • Be a key contributor to business initiatives that require subject matter expertise.
  • Extremely good with numbers and ability to present various business/finance metrics, detailed analysis, and key observations to Senior Business Leaders.

Requirements*

CA/CPA or MBA finance

Experience Range*

10+ years of relevant work experience in Financial Planning & Analysis and Data Analysis in Banking industry. Exposure to Consumer banking or Wealth/Investment Management businesses would be an added advantage

Foundational skills*

  • Strong abilities on FP&A and Data Analysis and strong financial acumen
  • Strong computer skills, including MS excel, power point. Familiarity with reporting tools like SQL, Essbase etc. and Emerging technologies like Alteryx, Tableau.
  • Prior Banking and Financial services industry experience, preferably Retail banking and/or Wealth/Investment Management
  • Strong communication skills (both verbal and written), Interpersonal skills and relationship management skills to navigate the complexities of aligning stakeholders, building consensus, and resolving conflicts
  • Proven ability to manage multiple and often competing priorities in a global environment
  • Ability to drive strategic initiatives with a track record of successful change management
  • Manages operational risk by building strong processes and quality control routines

Desired skills*

  • Ability to effectively manage multiple priorities under pressure, and deliver as well as being able to adapt to changes
  • Able to work in a fast paced, deadline-oriented environment

Work Timings*

12:30 pm to 9:30 pm (will require to stretch 7-8 days in a month to meet critical deadlines)