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  • 8 - 10 Years
  • Posted : above 1 month

Job Description:

Overview *

Bank of America is one of the worlds leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services We are committed to attracting and retaining top talent across the globe to ensure our continued success Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals

We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions

Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most This purpose defines and unites us Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank

Process Overview*

The FAKC (Finance and Accounting Knowledge Center) 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 and Supply Chain Management

Over the years, the scope of FAKC has been expanded to include operations for other enterprise control functions like Human Resources and Risk and Compliance

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

The Finance Data Management team is involved in various activities (including, but not limited to)

a) Data Management Activities This includes implementing changes to different environments Team is also engaged in activities such as Data Governance, Production Data Validation, Master Data Management, Metadata management, working on Bulletins, Restatements & Change Tracker items

b) Data Sourcing and provisioning The scope of EDA (Enterprise Data Architecture) includes defining and implementing data provisioning strategy to simplify the flow of data from all lines of business into critical enterprise functions The provisioning strategy includes the definition of Authorized Data Sources (ADS) for domains of transaction data (eg, mortgage), reference data (eg, legal entity) and derived data (eg, capital) This is an Enterprise-wide effort and team is expected to focus on developing/communicating data requirements for targeted Authorized Data Sources (ADS) and validating data in each Transaction ADS as they are built out

*

Individual will be a contributing member of the Data Management team with engagement in activities like production data validation, data governance, master data management, metadata management, restatements, data sourcing/research, issue resolution and projects like ADS

Team also provides financial analysis & reporting to our various lines of business This requires strong database knowledge and ability to write complex SQL queries to fetch data

Responsibilities*

Individual will be required to assist in performing following responsibilities (this is an indicative list and could vary depending on business priorities)

Assist in metadata management work Creation of Data Lineage, Data Dictionary, Business glossary, Ensure completion and ongoing maintenance of the Data Lineage for various data elements

Data validation & reconciliation production support, monthly trend analysis or ad hoc analysis
Data mapping and analysis
Query (using SQL) various databases, compare to source data, identify differences & provide resolution
Support master data maintenance (MDM)
Assist in Projects (eg Authoritative Data Sources adoption) laying test cases & writing test scripts, testing data
Bulletin Analyze impact of any changes to database, calculation rules, etc and communicate accordingly
Develop & execute test scripts, Analyze results of testing identify defects and solution for items out of tolerance
Ability to facilitate monthly production process, assist with project design and other implementation activities
Documentation Provide Inputs on the Project documents etc
Continually identify process improvement opportunities

Requirements*

Education* - Good Finance background (Commerce graduate/Finance Post Graduates preferred)
Certifications If Any
Experience Range* - 8-10 yrs (For Mgr)/7-8 yrs (for AM)/ 5-7 yrs (for TL) of total relevant experience
Mandatory skills* - SQL
Advanced MS- excel
Ability to perform data analysis and data testing

Desired skills* - Understanding of banking industry, knowledge of financial products such as loans, deposits etc
Good understanding and Knowledge of Data Lineage tools for example Collibra
Experience in creation of Data Dictionary and critical data elements
Exposure in Data sourcing from Authoritative Data Source (ADS) adoption perspective
Understanding of VBA

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : IT Software : Software Products & Services
Role : Software Engineer
Salary : As per Industry Standards
Deadline : 15th Jul 2020

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