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57 Bank of America Jobs

Manager

3-6 years

Mumbai, Hyderabad / Secunderabad

1 vacancy

Manager

Bank of America

posted 3mon ago

Job Role Insights

Flexible timing

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

Employment Type: Full Time, Permanent

Functional Areas: Analytics & Business Intelligence

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Bank of America Interview Questions & Tips

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People are getting interviews at Bank of America through

(based on 140 Bank of America interviews)
Job Portal
Campus Placement
Referral
Company Website
Walkin
Recruitment Consultant
27%
23%
15%
6%
4%
4%
21% candidates got the interview through other sources.
High Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.

What people at Bank of America are saying

4.2
 Rating based on 83 Manager reviews

Likes

Work life balance, Job security

Dislikes

Slow promotions, no bonus,

Read 83 reviews

Manager salary at Bank of America

reported by 1k employees with 5-17 years exp.
₹13 L/yr - ₹37 L/yr
55% more than the average Manager Salary in India
View more details

What Bank of America employees are saying about work life

based on 2.8k employees
66%
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

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