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*
Global Financial Control India is the global delivery footprint of the bank's Global Financial Control function within the CFO group and is responsible for multiple functions including U.S. and Regional Legal Entity Controllership, Regulatory Reporting, Balance Sheet Reconciliations, Tax Accounting & Compliance, Operational Risk & Controls Oversight, Finance Change & Production Services and Data Management.
Job Description*
This role is for a testing /data analyst resource responsible for planning and execution of testing in support of the Global Finance delivery of programs/projects. It also includes engagement in activities like production data validation, data governance, master data management, metadata management, restatements, data sourcing/research, issue resolution.
This role will work closely with the onshore business lead and/or product owner, end users (including upstream/downstream users), and technology.
Responsibilities*
- Conduct thorough testing of financial regulatory reports to validate data accuracy and compliance with relevant regulations.
- Collaborate with cross-functional teams, including finance, IT, and compliance, to understand reporting requirements and ensure testing aligns with regulatory guidelines.
- Develop and execute test plans, test cases, and testing strategies to assess the integrity of financial data used in regulatory reporting.
- Develop & execute test scripts, analyze results of testing identify defects and solution for items out of tolerance
- Document and maintain detailed testing documentation, including test cases, test results, and issue resolution.
- Query (using SQL) various databases, compare to source data, identify differences & provide resolution
- Assist in metadata management work Creation of Data Lineage, Data Dictionary, Business glossary, Ensure completion and ongoing maintenance of the Data Lineage for various data elements
- Stay abreast of changes in financial regulations and reporting requirements to ensure testing processes remain current and effective.
- Continually identify process improvement opportunities
Requirements*
Education*
Bachelor's or post graduate degree in computer application
Certification if any NA
Experience Range*
0-2 Years
Foundational skills*
- Basic working knowledge of reporting, analysis, accounting, and various finance functions
- Excellent written and verbal communication skills.
- Ability to effectively manage multiple priorities.
- Able to work in a fast-paced environment.
- Basic knowledge of testing tools and methodologies, like knowledge of Agile tools (i.e., JIRA), and testing tools (i.e., HP Quality Center/ALM)
- Proficient in the use of Excel, Word and PowerPoint
- Ability to assimilate large amounts of information quickly and to understand complex methodologies and issues.
- Highly motivated, able to work independently, self-starter; and problem/solving/analytical.
Technical Skill - Basic SQL:
- Person should have hand-on experience in reading/writing different types of Select, Insert, Update & Delete Queries.
- Person should have hand-on experience in reading/writing subqueries within a query.
- Person should have hand-on experience in Select/Update/Delete Data, based on Business Conditions.
- Able to Write/Understand INNER JOIN, LEFT JOIN, RIGHT JOIN.
Advance Excel:
- Person should have hand-on experience with excel formulas/functions like IF, AND, OR, VLOOKUP, HLOOKUP, INDEXMATCH & Nested If using one or combinations of above functions.
Desired skills*
AXIOM, Alteryx, Regulatory reports knowledge
Work Timings*
11:30 to 20:30 IST
Job Location*
Mumbai/Gurgaon
