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57 Bank of America Jobs
Associate
2-4 years
₹ 3 - 36L/yr (AmbitionBox estimate)
This is an estimate of the average salary range for this
position. It has not been reviewed by the company, and
the actual salary may differ.
Mumbai, Hyderabad / Secunderabad
1 vacancy
Associate
Bank of America
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
*
The Basel Committee on Banking Supervision expect banks to implement a strong governance framework, risk data architecture and IT infrastructure as preconditions to ensure adherence with each of the BCBS 239 Principles. Banks must develop and maintain strong risk data aggregation capabilities to ensure that RDA Reports reflect the risks in reliable way.
The Risk Data Aggregation (RDA) processes includes defining, gathering, and processing of risk data and reports during both business-as-usual and stress/crisis environments to enable Bank of America s Board of Directors and senior management to manage risk well and measure its performance against its risk tolerance and risk appetite as defined within Bank of America s Risk Framework.
Job Description*
An ideal candidate for RDA project is expected to ensure the data lineage, controls, and transformations supporting Critical Risk Figures are documented as per the Risk Data Aggregation and Risk Reporting - Enterprise Policy. The candidate will be responsible for developing and maintaining comprehensive data lineage documentation, enabling stakeholders to trace data from source to consumption.
Responsibilities*
Data Lineage Documentation: Identify and map the flow of data across reporting templates and dashboards, capturing its origin, transformations and end usage.
Data Governance Support: Collaborate with data governance teams to ensure that data lineage is in compliance with internal policies and external regulations.
Collaboration with IT Business Teams: Work with IT and business units to identify key data sources, transformation rules and usage patterns.
Regulatory and Audit Support: Provide detailed data lineage reports to support audits and regulatory compliance requests, ensuring transparency and traceability.
Continuous Improvement: Continuously enhance data lineage processes, staying up-to-date with new technologies, tools, and best practices.
Metadata Management: Collaborate with metadata management teams to ensure that data lineage information is properly integrated into enterprise metadata repositories.
Requirements*
- Education - MBA from top tier college, Bachelors/Masters degree in Finance
- Any certification - data governance or data management is desirable but not essential.
- Experience Range - 6+ years of relevant experience as business analyst in financial services
Foundational skills
- Technical business writing (BRD/FRD)
- Strong understanding of data management, data flow, and data governance principles.
- Familiarity with data architecture, database management, SQL and ETL processes.
- Proficient in intermediate-level Excel functions, including nested formulas, conditional logic, lookups, and data aggregation techniques.
- Experience in working with data models, pivot tables, and managing large datasets in Excel.
- Ability to troubleshoot complex Excel formulas and ensure data accuracy.
- Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously.
- Knowledge of regulatory data compliance requirements
- Experience with regulatory reporting, regulatory exams, and/or audit
Work Timings*
- 12 Noon to 9 pm IST
Job Location*
- Mumbai and Hyderabad
Employment Type: Full Time, Permanent
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15%
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21% candidates got the interview through other sources.
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What people at Bank of America are saying
Rating based on 17 Associate
reviews
Anonymous · IT Support
in Gandhinagar, Gujarat
Likes
Good
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Nothis is there to do not like
Read 17 reviewsAssociate salary at Bank of America
reported by
184
employees
₹5.8
L/yr - ₹30.6
L/yr
140%
more
than the average Associate Salary in India
View more details
What Bank of America employees are saying about work life
based on 2.8k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Bank of America Benefits
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