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Team Leader

Gurugram, India

Job Description:

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 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 FAKC (Finance and Accounting Knowledge Center) 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 FAKC 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 Governance – This includes the following -

·Understanding EDM standards and working with business partners to ensure compliance.  Partnering with technology, Finance lines of business and enterprise data management teams.

  • Relationship management : Develop processes and controls for the governance of data; defining and implementing processes to support data quality measurement, reporting, and remediation; facilitating and supporting data governance routines

  • Incident Management: Enhance enterprise data incident management (eDIM) governance and execution focused on Intake, Remediation, Prioritization and Closure.  Collaborate with all stakeholders.

    b) Metadata management - This includes implementing creation of Data Lineage, Data Dictionary, Business glossary, Ensure completion and ongoing maintenance of the Data Lineage for various data elements

    c) Data Sourcing and provisioning: This includes defining and implementing data provisioning strategy as per Enterprise Data Architecture. 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 Data Management team with engagement in activities like data governance, issue resolution metadata management, data sourcing/research and assist in projects related to ADS implementation.

Team also provides financial analysis to various lines of business. This requires strong database knowledge and ability to write complex SQL queries to fetch data.

Responsibilities*

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

  • Should have experience in Data sourcing exposure from ADS adoption perspective
  • Data validation & reconciliation: production support, monthly trend analysis or ad hoc analysis
  • Research data issues and provide resolution for the same
  • Data mapping and analysis for different fields from ADS
  • Query (using SQL) various databases, compare to source data, identify differences & provide resolution
  • Support master data maintenance (MDM) for PAM on a monthly basis
  • Projects (eg. ADS): laying test cases & writing test scripts, testing data
  • Bulletin: Analyze impact of any changes to database, calculation rules, etc and communicate accordingly
  • Develop & execute test scripts, Analyze results of testing –identify defects and solution for items out of tolerance
  • Ability to facilitate monthly production process, assist with project design and other implementation activities
  • 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
  • Documentation – Provide Inputs on the Project documents etc.
  • Continually identify process improvement opportunities

Requirements*

  • Education* - Good Finance background (Commerce graduate/Finance Post Graduates preferred)
  • Certifications If Any
  • Experience Range* -  5-7 yrs of total relevant experience
  • Mandatory skills* -     
    • Understanding of data analysis and issue resolution process
    • SQL
    • Ability to perform data testing
  • Desired skills* -
    • Understanding of banking industry, knowledge of financial products such as loans, deposits etc.
    • Good knowledge of Alteryx
    • Good understanding and Knowledge of Data Lineage tools for example Collibra
    • Experience in creation of Data Dictionary and critical data elements
    • Exposure in Data sourcing from Authoritative Data Source (ADS) adoption perspective
    • Understanding of VBA

Work Timings*

9 Hours shift anywhere between 9 am till midnight

Job Location* - GGM

Mandatory Fields

Learn more about this role

Full time

JR-20005244

Manages People:

Manager:

Talent Acquisition Contact:

Referral Bonus:

Street Address

Primary Location:
Infospace, Gurugram, 122016