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Assistant Manager

Bank of America

Bank of America

Gurugram, Haryana, India · United States · Remote
Posted on Monday, July 8, 2024

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*

Global Banking & Markets provides operations support to back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities.. The capabilities hosted include Management Reporting & Analysis, Research & Analytics, Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, Client & Product Data.

Job Description*

We are looking for a proactive, control focused and analytically strong, and FINTECH individual to join the Financial Planning and Analysis (FP&A) team. The current vacancy is to be actively involved in all financial reporting, analysis and forecasting for the EMEA Technology & Operations Infrasturcture portfolio. The role is within the EMEA Technology & Operations (T&O) FP&A team which has overall responsibility for the financials support and analysis of EMEA technology & Operations portfolio of the bank. EMEA T&O team comprises of 5 Members and works closely with business partners based in EMEA Locations and regular contact with our finance partners in the EMEA Regions. The T&O team is part of the wider Support FP&A group which provides financial support and analysis across a large number of functions, including Operations, Technology, Corporate Services and Staff Support (e.g. Finance, Risk Legal etc.).

Responsibilities*

- Lead and Influence the matrix that supports business strategic direction for the team.

- Contribute through thought leadership with Subject Matter Expert knowledge

- Lead and execute group deliverables; oversee team projects and direct group efforts as needed without any overview.

- Work on business decision support with Senior Business Leaders end to end without any overview

- Establish and maintain relevant controls and feedback systems

- Lead as OPEX Analyst of the team and drives Tableau reporting standardisation efforts across complete T&O Team

- Dynamic individual, able to discuss, analyse and infer on the financials and come up with quality analysis

- Drive various projects team takes up during the year, co-ordinate with various stakeholders and ensure completion with no gaps

- Co-ordinate with the business to resolve process bottlenecks at different levels

- Partner closely with stakeholders LOB (as needed) to support reporting routines.

- Lead month-end close and all other associated management reporting.

- Manage projects, ad-hoc requests and simplification and standardization efforts.

- Co-ordinate and provide key inputs in standardizing CTO Portfolio across broader TO Team

- Oversee Forecast and support business reviews strategic direction of the team

- Performing Financial Planning & Analysis (FP&A) and Commentary with Subject Matter Expert knowledge

- Complete Finance Packs and also walk through Business/Onshore partners on the same

- Manage relationship with Business/Onshore partners

- Ability to work with multiple stakeholders, managing time and deliverables quality

Requirements*

Education*

  • CA/ICWA/CS/CFA/MBA Finance/PG in Finance from reputed university
  • Certifications If Any

Experience Range*

  • 5-8 years of relevant experience in Reporting/Accounting domain in MNC environment, Banking experience.
  • Good working Knowledge of Tableau
  • Alteryx knowledge is added advantage

Foundational skills*

- Financial Planning & Analysis and Management Reporting experience is a must

- Knowledge of Essbase Smartview and other Oracle based platforms

- OPEX Mindset

- Ability to work in a dynamic environment such as lack of well-defined procedures and changing work mix

- Ability to independently communicate with senior leaders in the business

Desired skills

- Demonstrates a positive attitude while focusing on completing tasks or goals

- A good team player

- Good oral/written communication skills

- Good time management skills

- Organized and able to multi-task in a fast-paced environment

Work Timings*

Shift Window: Any 9 hours within the shift window starting 11:30AM – 8:30PM

Job Location*

Gurugram