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*

Balance Sheet and Management (BSM) is a division within the CFO group responsible for providing executive management with accurate and timely forecasts of the balance sheet and net interest income (NII). Another critical function is the measurement and analysis of Interest Rate Risk (IRR) using various methods. This information provides the framework that allows the company to position its balance sheet consistent with its risk appetite and expectations for changes in interest rates.

BSM maintains close partnerships with various groups across the enterprise, providing key input to critical processes and strategic decisions. These partnerships focus on the following: (1) balance sheet composition and interest rate risk strategy, (2) strategic planning for the company’s three-year outlook with Corporate Planning and Finance, (3) setting the right strategy to accurately measure the profitability of assets and liabilities to ensure efficient usage of the balance sheet, (4) stress testing the balance sheet under adverse economic scenarios with the Global Stress Testing team and, (5) producing the balance sheet and NII forecast and supporting liquidity calculations in coordination with Global Liquidity Management

Job Description*

This role within the International Balance Sheet Management team in GBS India will be responsible for supporting the regional teams in London, Dublin and Hong Kong is successful delivery of management reporting to fulfill all regulatory/internal needs of EMEA, APAC and AMRS entities.

Responsibilities*

• Prepare key Treasury and Regulatory reports spanning multiple entities and regions.
• Provide analytical commentary on BS and P&L reports.
• Assist with execution of additional routines including report building, testing and implementation of new reporting requirements.
• Partner with teams across the globe to deliver efficient, well controlled, and timely reporting to satisfy internal and external stakeholders and associated business requirements.
• Be a strong communicator when presenting results, and escalating issues.
• Work with technology teams to resolve data issues or in implementation of new system capabilities.
• Continuous improvement of existing processes and workflows, identifying where emerging technology can help reduce process time and increase controls.

Requirements*

Education*

CA/MBA

Certifications If Any

Experience Range*

5 to 7

Foundational skills*

• Good understanding of balance sheet and P&L of a banking entity, its structure, funding lines and drivers behind movements.
• Good understanding of both banking and global markets products.
• Experience in preparing management reporting.
• Intellectual curiosity and critical self-review.
• Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels.
• Flexibility in joining meetings during EMEA and APAC time zone hours.
• Self-starter to drive efficiencies and operational excellence.
• Bachelor's Degree
• 5-7 years of experience in a relevant role in a financial institution.
• Knowledge of emerging technologies such Alteryx and Tableau will be advantageous.

Desired skills*

• Knowledge of Alteryx and Tableau
• Prior experience with SAP eLedger (EPM, BEx)
• Has a natural desire to understand intricate processes while seeing the big picture
• Good business partnering skills
• Experience improving and automating manual processes

Work Timings*

12:30 to 9:30

Job Location*

Mumbai