Assistant Manager

💰 ₹18,000 - ₹28,800 (Est.) 📍 Mumbai 🕐 2 days 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 gain experience, 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

CFO Data Management India team was set up in 2026 as a part of the CFO Global Delivery strategy to provide offshore delivery to CFO Data Management, part of Enterprise CFO functions, consolidating legacy functions of Finance Data Management and Treasury Data Management. The capabilities hosted include Data Analysis, Product specialists with understanding of underlying Data for Regulatory Reporting, Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing and Finance Systems Support

Data Management team enables the Finance Organization and supports data needs of finance business users.

The Data Management team engages in various activities (including, but not limited to):

Regulatory Reporting related data management Activities: Team support activities related to US Regulatory reports, data validation and resolution of Data quality issues.
Team performs a critical role in providing centralized support for products such as Loans, Deposits, Derivatives, Cards etc. Data Quality/Validation and analysis for internal and external regulatory reporting.
Team is engaged in activities such as validation of data for regulatory reports, data quality issue resolution, data reconciliation with authoritative sources and posting adjustments. Team actively works on strategic initiatives aimed at improving the quality of numbers reported in regulatory reports.
Data Sourcing and provisioning: This includes defining and implementing data provisioning strategy to source the data from all lines of business into regulatory reports and management reports. Team is actively involved in sourcing initiatives where it works with various source systems, technology teams and report owners to source the data into regulatory reports as per regulator and stakeholder requirements.
Job Description

Supporting Global Regulatory Reporting team to enrich the regulatory reporting by performing Daily, and Monthly Data Controls and Reconciliations to cover data Gaps and needs to perform set of controls for reference data management at product and reference data level. Data controls and data validations and reconciliations are to achieve a greater control on data prior the submission of regulatory reports to regulators.

The role will involve collaborating with multiple onshore business partners across the bank to understand different reporting systems. The candidate will be required to understand the regulatory reports and need to proactively engage with the onshore change management and technology teams responsible for improving our data quality and assist efforts on feed development / enhancement and overall process design to close the gaps identified. Also, the candidate should have advanced level of Alteryx and SQL knowledge to work on process enhancement and automations.

Responsibilities

Analyze and reconcile data in Liquidity Risk systems and investigate differences.
Validates data and signs off on reports within test environments to confirm Business Intelligence tool accuracy, functionality and Enterprise Data Management Standards (EDM) are met
Understand, explore and achieve the scope of automation and remediation after coordinating with downstream and upstream stakeholders like middle office, finance and treasury operation and other related business functions
Engagement with Global liquidity Management and treasury data management SME and other stakeholders to discuss the new requirements via intake forms and to understand the new requirements along with the expansion on validation and analytical process.
Partnering with external and internal auditors to drive the soundness and successfully execution of internal control programs
Perform manual adjustments on daily/weekly/Monthly basis and co -ordinate initial escalation and reporting management to address exceptions, threshold breaches and data quality/data gap remediation
Engage with business and technical stakeholders at varied levels to align on key objectives and provide data control oversight and proactively escalate and mitigate risks, and ensure adherence to applicable regulators and policies
Assessing and documenting internal control weaknesses for SOX and Regulatory Reporting
Environments in various areas of the bank (Finance, Middle Office, Operations and Treasury) to enable comparison with data held in Liquidity risk system
Work with business partners to expand data validation and analytical processes
Quantify and articulate data integrity issues
Engaging with technology, middle office, finance, and operations teams to remediate issues
Interaction with Line of Business and other business partners to discuss any issues.
Requirements

Education

BE/B Tech./MCA/ MBA Finance or equivalent qualifications

Certifications If Any NA

Experience Range

4 to 8 years of Techno-Functional experience in Finance/Banking domain with SQL/Alteryx/Tableau experience.

Foundational skills

Good understanding of Regulatory/Liquidity reporting
Advanced MS Excel/SQL skills/Alteryx/Tableau
Experience in driving change process/ re-engineering & automations
Strong verbal and written communication skills
Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize
Excellent problem-solving, analytical, and decision-making abilities
Dynamic, high energy, solid work ethic, willing to take on initiatives.
Able to excel and influence in a cross-functional team structure.
Flexibility and good negotiations skills
Desired skills

Working knowledge of SQL / Alteryx/ Tableau
Work Timings

9 hours shift between 10:30 AM till 10:30 PM

Job Location

Mumbai/Gurugram

💡 Quick Summary

Seeking a career-building opportunity? The Assistant Manager position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Bank of America

Frequently Asked Questions

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The expected salary for Assistant Manager in Mumbai is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Assistant Manager is an on-site position based in Mumbai. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Assistant Manager. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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