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*
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 Legal Entity Controllership, General Accounting & Reconciliations, Regulatory Reporting, Operational Risk and Control Oversight, Finance Systems Support, etc.
Our group supports the Consumer and GWIM Finance business in the various stages of consumer lending lifecycle (Marketing strategies, New Card acquisition, Customer engagement, Existing account strategies, Revenue growth, Retention, Credit & risk, Affinity partners, Network associations, Profitability, etc). Team is involved in Financial Planning and Analysis, management reporting and data analysis efforts leading to financial solutions to support the US consumer lending finance team.
Job Description*
The candidate will be responsible for Financial Planning and Analysis (FP&A) for the Consumer Banking and Wealth Management business, and in addition will be responsible for analysis of data for decision making by senior leadership. These functions support the CFO Group in various strategies related to Consumer lending and Wealth Management business. The candidate will play a leadership role in the Team responsible for FP&A and data analysis and would manage multiple projects in parallel by ensuring adequate understanding of the requirements in order to deliver data analysis solutions. These projects would be complex and time critical which would require the Leader to comprehend & evaluate the strategic business drivers in order to bring in efficiencies through automation of existing reporting packages or codes. The work would be a mix of standard and ad-hoc deliverables based on dynamic business requirements. Technical competency is essential to build processes which ensure data quality and completeness across all projects / requests related to business. The candidate will expand relationships with Senior US Leaders on the CFO team to build a strong Center of Excellence. The core responsibility of this leader is people and process management - influencing others to perform and deliver, and leading their organization to achieve sustainable, accurate and well controlled results. Candidate should have a clear understanding of the end-to-end process (including its purpose) and a discipline of managing and continuously improving those processes. They are accountable for the team’s work product – ensuring the work their team delivers is well controlled, accurate and of the highest quality.
Responsibilities*
Requirements*
Education*
CA/CPA or MBA finance with 15+ years of relevant work experience
Experience Range*
15+ years of relevant work experience in Financial Planning & Analysis and Data Analysis in Banking industry. Exposure to Consumer banking or Wealth Management businesses would be an added advantage
Foundational skills*
Desired skills
Work Timings*
12:30 pm to 9:30 pm
Job Location*
Gurugram / Mumbai
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