Job Description:

About Us

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

 Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.

Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.

In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview*

DAIT (Data Analytics and Insights Technology) leads the development of the next generation of data analytics technology solutions for the company’s consumer and wealth management client-facing channels.

Job Description*

The Financial Regulatory Reporting team within CFO Audit is responsible for assessing compliance with Federal Regulations in the U.S. (e.g., Federal Reserve Board, Office of the Comptroller of the Currency, etc.). Our team evaluates processes and controls to generate financial reports and tests the completeness and accuracy of the data included in those submissions. The Data and Automation team within CFO Audit directly supports this work through development and execution of complex data testing. Responsibilities incexecution of complex data testing, including implementation of data profiling, independent re-performance of data transformations, coaching junior team members, and writing detailed documentation of the work product.

Responsibilities*

Responsible for testing data controls and verification of completeness and accuracy of transaction-level data across the Company’s CFO coverage areas. Project areas include testing processes and controls within Accounting, Finance, SOX, Regulatory Reporting, ESG, Capital Management, Basel, Treasury, Liquidity, and RRP.  Additional activities would include data extraction from multiple sources, performing data analytics, and building dashboards. Opportunity to provide automated solutions utilizing sophisticated tools (SQL, Alteryx, Tableau, SAS) and technologies (Python, AI / Data science). Typically works on projects of moderate to high complexity that would involve learning (regulatory regime, business model, processes) on each new assignment. 

Candidates will work directly with Audit leadership from U.S. with specialization and subject matter expertise in the areas assigned. Candidates will receive training and additional instruction as needed and will be provided with testing objectives and guidelines.  Team members should have the ability to perform high quality, risk-focused fieldwork, in accordance with Corporate Audit methodologies and standards to identify meaningful issues, risks and other exposures in the area of the Company being audited. Will create and maintain accurate and clear work documents and expected to complete tasks efficiently (on time and accurately). Also, will engage in relevant training regarding audit, businesses, financial controls, regulations, or a particular specialty. Candidates are expected to work independently but maintain ongoing communication and provide periodic updates to Audit leadership.

Requirements*

Education*

Bachelor's Degree (or equivalent) required [Computer Science, Information Systems (IS), Accounting, Finance or similar]

Experience Range*

7+ years of experience in financial services or audit with experience in data extraction or data wrangling

Foundational Skills*

Skilled in use of data extraction (SQL, R, Python) and data visualization / automation tools (Alteryx, Tableau)Strong project management skills, attention to detail, ability to supervise and manage projects to completionExcellent organizational skills with keen ability to prioritize daily tasks with project work as well as ad hoc requestsAbility to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risksProven verbal and written communication skillsStrong analytical and technical skillsImplements risk-based audit strategyAbility to work as individual contributor remotely and conduct testing independently but maintain ongoing interaction with management and manage time zone differences efficientlyDesire to lead, coach, and mentor junior team members

Desired Skills*

Prior data experience (i.e., analytics; data mining; automation)Audit or risk control risk/controls background in financial servicesPrior Analytical / Automation Skills (SQL, SAS, Python. Alteryx, Advanced Excel)Advanced degree or certifications (CIA, CISA etc. – CPA Preferred)

Work Timings*

11 AM – 8 PM IST Ready to work on production support (if required).Ready to work on weekends (if required).

Job Location*

Gandhinagar (GIFT)