Assistant Manager
Bank of America
Gurugram, , India
1d ago

Job Description :

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most.

This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.

  • BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
  • Process Overview*

    The Global Finance was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions.

    The capabilities hosted include Accounts Payable, General Accounting & Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing, Finance Systems Support and Supply Chain Management.

    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.

    Finance Data Management team enables the Finance Organization and supports data needs of finance business users

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

    a) Data Management Activities : This includes implementing changes to different environments. Team is also engaged in activities such as Data Governance, Data Lineage, Production Data Validation, Master Data Management, Metadata management, working on Bulletins, Restatements & Change Tracker items

    b) Data Sourcing and provisioning : The scope of EDA (Enterprise Data Architecture) includes defining and implementing data provisioning strategy to simplify the flow of data from all lines of business into critical enterprise functions.

    The provisioning strategy includes the definition of Authorized Data Sources (ADS) for domains of transaction data (e.g.

    mortgage), reference data (e.g., legal entity) and derived data (e.g., capital). This is an Enterprise-wide effort and team is expected to focus on developing / communicating data requirements for targeted Authorized Data Sources (ADS) and validating data in each Transaction ADS as they are built out.

    Job Description*

    Individual will be a contributing member of the EMEA data operations team, with engagement in activities like Data validation for various regulatory deliverables per guidelines from Prudential Regulatory Authority, Bank of England and Central Bank of Ireland.

    This would include data validation (trade and counterparty reference data), data sourcing / research, issue resolution and testing, preparation of control and management reports.

    Griffin is the data warehouse wherein primarily data validation would be performed. Additionally, the individual is required to have good understanding of securities data.

    Individual will be required to analyze trade data to a granular level and make necessary adjustments if required to the data for accurate regulatory reporting.


  • Data validation and reconciliation for EMEA regulatory reports
  • Complete Finance Packs / dashboard and also walk through Business / Onshore partners on the same
  • Manage relationship with Business / Onshore partners
  • Ability to facilitate monthly production process, assist with project design and other implementation activities
  • Documentation : provide inputs on the project documents, etc.
  • Manage / Run controls to identify data quality gaps in underlying data
  • Should be ready to work as an individual contributor
  • Knowledge of Capital markets and trade related data. Individual should have good understanding of trade products
  • Education*

    Graduate / Post Graduate in Finance. CFA level-2 will also be preferred

    Certifications If Any

    Foundational skills*

  • Excellent knowledge of financial products such as equities, bonds, options, swaps and other traded derivatives
  • Ability to analyze trade data for gaps and perform data adjustments
  • Understanding on Finrep reporting. Must have either prepared / validated / scrutnized Finrep report
  • Ability to independently communicate with stakeholders
  • Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment
  • Professional written and verbal communication skills
  • Strong organizational skills and attention to detail, and good with numbers
  • Strong relationship management and interpersonal skills, ability to build strong rapport, respect and trust with key stakeholders and constituents
  • Desired skills

  • Understanding of EMEA regulatory requirements such as Corep / Finrep
  • Understanding of Counterparty Credit Risk
  • General ledger reconciliation experience
  • MS Excel knowledge
  • Work Timings*

    11.30am - 8.30pm or 12.30pm - 9.30pm

    Gurugram / Mumbai

    Report this job

    Thank you for reporting this job!

    Your feedback will help us improve the quality of our services.

    My Email
    By clicking on "Continue", I give neuvoo consent to process my data and to send me email alerts, as detailed in neuvoo's Privacy Policy . I may withdraw my consent or unsubscribe at any time.
    Application form