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Bank of America

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14 Bank of America Manager Jobs

Manager

8-11 years

₹ 21 - 30L/yr (AmbitionBox estimate)

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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, Gurgaon / Gurugram

1 vacancy

Manager

Bank of America

posted 8hr ago

Job Description

The 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 CFO Change team, which is part of the (GFC) Global Financial Control organization within COO 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 EMEA 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*
  • Identify current state processes and hand-offs, and understand the target state scope, objective and business outcomes of the program/project
  • Document the detailed requirements (i.e., functional capabilities, workflow needs, business rules, reporting needs, etc.), using the BAC enterprise change management templates, or in the case of Agile, the development of epics and stories
  • Document the acceptance criteria and prioritize the requirements
  • Create current state/target state process maps
  • Assess Impact on User processes due to any regulatory or Strategic change.
  • Create Current State/ Target State desk top procedures and run books
  • Update Risk and controls on the Processes
  • Provide walkthrough to users and senior stakeholders for changes in the process
  • Provide trainings to the users for new functionality/ new processes to be adopted
  • Facilitate joint review sessions with the business and technology, to ensure prioritized requirements and acceptance criteria are fully understood and signed off
Requirements*
Education* - Undergraduate degree in Commerce, Business or Technology. Additionally, candidates with CA/ICWA/CS Intermediate or final pass out will be given preference.
Certifications If Any
Any Reporting Tool - AXIOM / Business Analysis
Experience Range*
8 to 11 years
Foundational skills*
Experience as a Functional Business Analyst in technology implementation projects, having written Business requirement documents (BRDs)
Exposure to projects in Financial Accounting and reporting, in financial services industry.
Knowledge of Banking and Capital market products
Knowledge of US/ EMEA regulatory reports
Strong Finance & Accounting background, Commerce Graduate or Postgraduate
Understanding of general ledger & trading sub-ledger concepts
SQL, Database knowledge & ability to analyze data and related flows
Proven ability to understand complex business processes and breakdown to process components
Strong knowledge of creating process maps
Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment
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
Expertise in Axiom Regulatory platform (if possible, AXIOM certified)
Knowledge of Agile methodology and tools (i.e., JIRA)
Work Timings*
11:30 am to 8:30 pm
Job Location*
Mumbai / Gurugram

Employment Type: Full Time, Permanent

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What Manager at Bank of America are saying

4.2
 Rating based on 93 Manager reviews

Likes

Culture, team, salary, other benefits, office space

  • Salary - Excellent
  • +5 more
Dislikes

Too much compliance work and worst transportation, applications are old & slow

Read 93 Manager reviews

Manager salary at Bank of America

reported by 1k employees with 5-18 years exp.
₹11 L/yr - ₹38 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 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

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