Upload Button Icon Add office photos

Bank of America

Compare button icon Compare button icon Compare
filter salaries All Filters

64 Bank of America Jobs

Senior Manager

10-14 years

₹ 27 - 33.5L/yr (AmbitionBox estimate)

tooltip
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

1 vacancy

Senior Manager

Bank of America

posted 1mon ago

Job Description

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*

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 Accounts Payable, General Accounting Reconciliations, Management Reporting Analysis, Research Analytics, Financial Transaction Processing, Finance Systems Support Regulatory reporting. Over the years, the scope of Global Finance has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance.

The CFOC (CFO Change) team, which is part of the (GFC) Global Financial Control organization within CFO division, delivers finance projects and technology solutions for the Bank of America (BAC) enterprise and also supports Line of Business (LOB) projects that impact our core finance and general ledger applications. The Finance Change team is responsible for overall program/project management, business analysis and requirements, functional design, testing, organization readiness and deployment activities. The Production Services function ensures all financial accounting regulatory reporting systems and applications are operating smoothly from a functional perspective.

Job Description*

This role is for a Business Analyst resource responsible for documenting detailed business requirements in support of the FCPS delivery of programs/projects in the US, EMEA, APAC and LATAM regulatory reporting groups and general ledger operations. The resource will be responsible for (1) understanding the Change, (2) defining and documenting the current state (if applicable) and target state processes and (3) ensuring collaboration with Technology teams Users until implementation of the Change. It requires working closely with the Business Lead/Product Owner, including upstream / downstream Stakeholders and Technology to ensure all aspects of the change are being considered and prioritized when documenting the requirements. The business requirements are the foundation for the design, build, test, operational / organizational readiness and deployment activities in the life cycle of a project.

Responsibilities*

  • Understanding the Regulatory Change and documenting detailed requirements. This includes functional capabilities, workflow needs, business rules, reporting requirements and timelines, etc. Collaborate with the Users procure all required sign offs.
  • Identifying current state processes and the target state scope, objective and business outcomes of the Program/Project
  • Identifying any data sourcing requirements, documenting them and co-ordinating with relevant Teams
  • Understanding the in-house AXIOM design and documenting functional specifications in conjunction to the business requirements
  • Creating high quality JIRAs documenting all critical aspects including business requirements, mapping requirements, acceptance criteria, etc using the BAC enterprise change management templates
  • Create process maps or operating model where necessary.
  • Walkthrough of the requirements to Technology and participating in the sprint planning along with the Project Manager.
  • Collaborating with the test teams to clearly set the expectations from a Quality or User Acceptance Testing perspective.
  • Regression before every code release into production.
  • Facilitate review sessions with Business, Technology Testing Teams where relevant.

Requirements*

Education*

Graduate degree in Commerce, Business or Technology.

Certifications If Any - AXIOM / Business Analysis etc.

Experience Range*

10 to 14 years

Foundational skills*

  • Experience as a Functional Business Analyst in technology implementation projects, having written Business requirement documents (BRDs)

OR

  • Extremely strong Knowledge of US/ EMEA regulatory reports (financial or risk) and Strong knowledge of financial concepts
  • Ability to understand complex business processes and breakdown to process components.
  • Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment.
  • Strong knowledge of creating process maps
  • Strong relationship management and interpersonal skills, ability to build strong rapport, respect and trust with key stakeholders and constituents.
  • Professional written and verbal communication skills
  • Excellent analytical skills and ability to identify/raise questions, and problem solving capabilities
  • Strong organizational skills and attention to detail, and good with numbers
  • Proficient with Microsoft Office products (particularly MS Excel, Word, Visio, PowerPoint)

Desired skills

  • Exposure to projects in Financial Accounting and reporting (in Financial Control / Product Control/Treasury), and/or in Risk Regulatory reporting (Market or Counterparty risk) in financial services industry
  • Expertise in Axiom Regulatory platform (if possible, AXIOM certified)
  • Knowledge of Banking and Capital market products
  • Understanding of general ledger trading sub-ledger concepts
  • SQL, Database knowledge ability to analyze data and related flows
  • Knowledge of Agile methodology and tools (i.e., JIRA)
  • Knowledge of ERP solutions (SAP, Oracle) particularly with general ledger

Work Timings*

11:30 am to 8:30 pm

Job Location*

Mumbai


Employment Type: Full Time, Permanent

Read full job description

Bank of America Interview Questions & Tips

Prepare for Bank of America Senior Manager roles with real interview advice

Top Bank of America Senior Manager Interview Questions

Q1. Beautiful String Problem Statement Given a binary string STR containing either '0' or '1', determine the minimum number of operations neede ... read more
Q2. Reverse Linked List Problem Statement Given a singly linked list of integers, return the head of the reversed linked list. Example: Initial ... read more
Q3. Multiples of 2 and 3 Problem Statement Ninja is engaged in a task involving divisors. He is given 'N' numbers, and his objective is to comp ... read more
View all 118 questions

What people at Bank of America are saying

4.4
 Rating based on 46 Senior Manager reviews

Likes

Excellent organization for work life balance

  • Salary - Good
  • +5 more
Dislikes

Growth opportunities

Read 46 Senior Manager reviews

Senior Manager salary at Bank of America

reported by 533 employees with 8-19 years exp.
₹17 L/yr - ₹46.1 L/yr
52% more than the average Senior Manager Salary in India
View more details

What Bank of America employees are saying about work life

based on 3k employees
65%
87%
81%
77%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Bank of America Benefits

Free Transport
Cafeteria
Health Insurance
Gymnasium
Soft Skill Training
Job Training +6 more
View more benefits

Compare Bank of America with

JPMorgan Chase & Co.

4.0
Compare

BA Continuum

4.1
Compare

Wells Fargo

3.9
Compare

Goldman Sachs

3.5
Compare

Morgan Stanley

3.7
Compare

HSBC Group

3.9
Compare

Barclays PLC

3.9
Compare

Standard Chartered Plc

3.0
Compare

UBS

3.9
Compare

HDFC Bank

3.9
Compare

ICICI Bank

4.0
Compare

AU Small Finance Bank

4.2
Compare

IndusInd Bank

3.5
Compare

IDFC FIRST Bank

3.9
Compare

Yes Bank

3.7
Compare

Jana Small Finance Bank

3.8
Compare

Equitas Small Finance Bank

4.5
Compare

Ujjivan Small Finance Bank

4.1
Compare

Standard Chartered

3.7
Compare

State Bank of India

3.8
Compare

Similar Jobs for you

Senior Operations Manager at BA Continuum India Pvt. Ltd.

Mumbai, Gurgaon / Gurugram

12-18 Yrs

₹ 14-20 LPA

Senior Manager at BA Continuum India Pvt. Ltd.

Hyderabad / Secunderabad, Gurgaon / Gurugram

8-13 Yrs

₹ 17-95 LPA

Risk Manager at DEUTSCHE BANK AG

Mumbai, Bangalore / Bengaluru

5-10 Yrs

₹ 7-12 LPA

Senior Manager at Pricewaterhouse Coopers Private Limited

Gurgaon / Gurugram

5-9 Yrs

₹ 7-11 LPA

Senior Manager at Pricewaterhouse Coopers Private Limited

Hyderabad / Secunderabad, Bangalore / Bengaluru

5-8 Yrs

₹ 13-18 LPA

Senior Analyst at Wipro Limited

Gurgaon / Gurugram

8-12 Yrs

₹ 10-14 LPA

Senior Manager at BA Continuum India Pvt. Ltd.

Gandhinagar

1-12 Yrs

₹ 3-14 LPA

Principal Auditor at DEUTSCHE BANK AG

Mumbai

6-11 Yrs

₹ 16-20 LPA

Delivery Manager at Pricewaterhouse Coopers Private Limited

Bangalore / Bengaluru

5-8 Yrs

₹ 16-20 LPA

Fund Accounting Manager at Wipro Limited

Pune

3-8 Yrs

₹ 5-10 LPA

Senior Manager

10-14 Yrs

Mumbai

1mon ago·via naukri.com

Team Developer

4-6 Yrs

Gurgaon / Gurugram

1d ago·via naukri.com

Team Leader

2-5 Yrs

Gurgaon / Gurugram

2d ago·via naukri.com

ServiceNow Operations Engineer

6-11 Yrs

Chennai

2d ago·via naukri.com

ServiceNow platform engineer

8-13 Yrs

Chennai

2d ago·via naukri.com

Production Services Specialist II

7-9 Yrs

Chennai

8d ago·via naukri.com

Production Services Specialist - GBS IND

3-6 Yrs

Mumbai, Chennai

9d ago·via naukri.com

Software Engineer II B

4-6 Yrs

Hyderabad / Secunderabad

9d ago·via naukri.com

Technology Services Lead

9-17 Yrs

Chennai

9d ago·via naukri.com

Manager

2-7 Yrs

Mumbai, Chennai

9d ago·via naukri.com
write
Share an Interview