Bank Of America Team Leader 

India, Maharashtra, Mumbai 

768956280

Process Overview*

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

• Regulatory Reporting related data management Activities: Team support activities related to US and EMEA Regulatory reports, data validation and resolution of Data quality issues.
• Team performs a critical role in providing centralized support for Global Banking and Market products ( Treasury, Traded, Loans & Deposits etc.) data validation and analysis for internal and external Liquidity 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*

Individual will be required to perform following responsibilities (this is an indicative list and could vary depending on business priorities)

• Continually grow and expand market products and use-case knowledge, with a focus to understand the ‘why’, to anticipate and proactively address questions and issues before they occur

• Leverage SQL, Excel, and other analytics tools to identify and understand data issues, quantify impacts, or provide answers to time-sensitive business, audit, and regulator questions

• Engage with upstream data providers and Treasury technology teams to develop and test innovative solutions to address those needs as part of Agile Change Management processes

• Constantly evaluate our processes to ensure data risks are identified and properly mitigated, while seeking opportunities to simplify, automate, and improve wherever/whenever possible

• Data validation & reconciliation: production support, monthly trend analysis or ad hoc analysis

• Data sourcing, mapping and analysis, reporting

• Documentation – Provide Inputs on the Project documents etc.

• Continually identify process improvement opportunities

Liaison and Change

• Support change agenda across group and ensure processes are efficient, consistent, and sustainable, making best use of technology.
• Supporting DM and enterprise Operational Excellence initiatives

• Exposure to Emerging technologies like Alteryx, Tableau, UiPath, etc

Requirements*

MBA Finance/ Excellent Finance background (Commerce graduate/Finance Postgraduates )

Experience Range*

0 to 2 years

Foundational skills*

• Excellent written and verbal communication skills are necessary as the position requires global correspondence and communication with associates throughout the Bank of America footprint.
• Driven to learn and develop new skills.
• Ability to effectively manage multiple priorities and deliver as well as being able to adapt to changes.

• Ability to apply sound judgment, provide effective challenge and display confidence to challenge.
• Ability to self-manage and prioritize, pursue goals and consistently deliver results.
• Experience of handling Finance and Business /Trade Reconciliations
• Proficient in the use of Advance MS Excel, Word, PowerPoint and MS Access

Desired skills

Advance MS excel, MS office, Power point.

Work Timings*

9 hours shift between 11 AM and 11 PM