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.
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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
CFO testing is a risk-based program to identify & confirm data gaps in various high risk financial regulatory reports filed by the bank like FR- Y-9C, FR- Y-15, FFIEC 031/041, FFIEC 009, FFIEC 101 & Liquidity Reports. The team also forms an integral part of the remediation work required for MRA raised by FRB for Regulatory Reports filed by the bank.
Job Description
With guidance from DTCC Test Execution Manager(s) develops and executes assigned testing scope as prescribed by the Enterprise Data Testing Framework, and Testing Stakeholders. Responsible for daily development and execution of assigned data quality testing and Profiling covering various data lifecycles, exercising judgment, deep technical expertise and critical thinking to detect, identify and uncover data quality issues and confirm accuracy and completeness of data within Bank systems. Works closely with test partners, report owners and key stakeholders to support data profiling and testing activities, operates and adheres to established testing framework(s) and proactively establishes checks and balance activities to avoid delivery issues. Key role in the communication and reporting of the testing work being performed and proactively and positively influences any resistance received from test partners and data stakeholders.
Candidate will be responsible for multiple, simultaneous efforts and will utilize analytical and technical skills to execute assigned responsibilities. Focuses on sustainability/stability of current state while helping to establish future state processes.
Proactively identifies process and procedural enhancements with respect to Data profiling and testing tools. Adherence to established testing policies and procedures, employing professional skepticism to ensure high quality for, and defend-ability of, all accepted testing data and evidence.
Responsibilities
- Responsible for daily development and execution of assigned data quality testing and Profiling covering various data lifecycles, exercising judgment, deep technical expertise and critical thinking to detect, identify and uncover data quality issues and confirm accuracy and completeness of data within Bank systems.
- Works closely with test partners, report owners and key stakeholders to support data profiling and testing activities, operates and adheres to established testing framework(s) and proactively establishes checks and balance activities to avoid delivery issues.
- Key role in the communication and reporting of the testing work being performed and proactively and positively influences any resistance received from test partners and data stakeholders.
- Proactively identifies process and procedural enhancements with respect to testing and testing tools.
- Adherence to established testing policies and procedures, employing professional skepticism to ensure high quality for, and defend-ability of, all accepted testing data and evidence.
Requirements
Education: Commerce Graduate/Chartered Accountant/CPA/CFA/CPA/MBA/Master's degree or equivalent in Accounting and/or Finance
Experience Range : 6 years to 9 years
Foundational skills:
• 5-7 Years of experience in Independent Testing, Application Management and/or Data Management
• 5-7 Years of statistical data analysis
• 4-5 Years of SQL development
• 4-5 Years of Regulatory reporting experience (FRY 14 M / Q / A /Call report etc.)
• 2-3 Years of Python, Tableau
• Strong data quality knowledge (Accuracy, completeness, timeliness dimensions, data risk mitigation, etc.)
• Strong understanding of database concepts
• Strong oral & written communication and comfortable presenting to a wide variety of audiences (PowerPoint, MS Excel, MS word)
• Comfortable leading and influencing with and without direct authority.
• Resourceful/ proactive in situations when not all information is available or there is no apparent "right" answer
• Capable to navigate conflict to enable productive solutions
• Close attention to detail
• Experience working on global delivery model
Work Timings: 12:30 PM to 09:30 PM
Job Location: MUM / GIFT City