Manager

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*

The BMH Data Quality team is accountable for the development and maintenance, testing, and exception research of Data Quality rules on the BAC Mortgage Hub (BMH) & BAC Vehicle HUB (BVH) key fields to ensure the validity of daily and monthly data within BMH for use by enterprise users. The Data Quality team also supports the adoption of BMH / BVH by downstream users and fulfilling all of their data requirements. Primary users of the BAC Mortgage Hub data are enterprise-wide finance, regulatory and risk groups. The team is also accountable for supporting all initiatives related to changes, current and new sourcing of data.

Job Description*

The candidate in this role is accountable for the build out and management of data validation processes and checks used to test the accuracy of financial / product data. Works closely with Mortgage Controllers during month-end close in ensuring the integrity of results used in financial reporting and analysis. Participates in and supports SOX 404 and enterprise data management compliance requirements, as needed. Supports projects relating to change initiatives impacting enterprise finance and risk functions, such as CCAR, SEC, Regulatory Reporting, and Corporate Tax. Assists enterprise finance and risk groups in adopting BAC Mortgage Hub as authorized data source for meeting BASEL Risk Data Aggregation guidelines. Works closely with key finance and risk functions in analyzing requirements and data to make certain financial and analytic deliverables are being satisfied appropriately. Responsible for contributions to the design, development and completion of project deliverables.

Candidate will utilize SQL to research and analyze data quality variances, identify and recommend a remediation plan and follow through until issues are resolved. Will participate in a number of concurrent projects related to the servicing, accounting and reporting activities in the Mortgage space. Candidate must be able to participate in system enhancement and data management projects that impact the reliability and availability of key business elements used in the process of generating internal and external reports. Candidate must be able to support data integration or data analysis in varying architectures. Must be flexible and capable of adapting to an ever evolving business environment where requirements are driven by management and government policy directives.

Responsibilities*

•                 Accountable for ensuring integrity of data within BMH / BVH for key fields and consistent usage of data across key downstream user groups

•                 Accountable for BMH / BVH data quality (DQ) development and production, inclusive of:

1) Ensuring DQ rules for assigned fields are meaningful, accurate, and have an appropriate level of precision,

2) Performing monthly SOX review of select DQ rules,

3) Assessing materiality impact of valid DQ issues on downstream financial reports/disclosures or analytics/modeling,

4) Documenting findings and partnering with either Mortgage Data Technology or Consumer Bank Data Management on resolution of issue(s), leading efforts for resolution of DQ issues, other ad-hoc analysis and projects and,

5) Communicating with downstream partners to understand impacts and determine the materiality of DQ Rule exception populations.

•                 Accountable for supporting BMH / BVH enterprise adoption, data enhancements and data quality development and monthly review efforts

•                 Accountable for analyzing and documenting requirements and data mappings for enterprise adoption and new sourcing efforts

Requirements*

 Education*

o Bachelor’s degree is desired, preferably in Engineering, Computer Science.

o Technical certifications in SQL, Tableau, Dot Net,  SAS preferred

o Post graduate degree is a plus

 Certifications If Any

SQL, Tableau

 Experience Range*

3 - 6 years of relevant experience in Banking and Financial Services, having understanding of mortgages, Consumer Vehicle Loans or other Debt Instruments

 Foundational skills*

o SQL, Tableau

o Data Mining and data Analytics.

o Understanding of business domains like Vehicle Loans and Mortgages preferable

o Strong knowledge of finance & accounting concepts and processes

o Ability to interpret, classify and analyze large data sets using MS SQL and summarize findings in a clear, concise manner

 Desired skills

o Strong preference for experience in data quality and data sourcing for Vehicle Loans, Mortgages and home equities

o Good understanding of concepts like BASEL, SEC and regulatory reporting

o Data management experience preferably with banking industry

Work Timings*

12: 30 Pm to 9:30 Pm

Job Location*

Mumbai / Hyderabad