Team Leader

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 Liquidity Management (GLM) is responsible for analyzing the Enterprise's overall and relevant Legal Entity's individual liquidity positions, for assessing those positions and for proposing changes to them within the Enterprise's overall risk appetite. GLM is also responsible for daily and other periodic liquidity reporting to the Regulators as well as to internal executive management for monitoring and measurement of liquidity risk and resources, Internal Liquidity Stress Testing (ILST) and forecasting liquidity needs on daily, weekly and monthly basis.

GLM's Conformance Testing team is responsible to test regulatory liquidity reports and provide assurance that the reporting implementation, including data definitions and transformations, conforms to their respective regulatory instructions.

Job Description.

To perform the end-to-end conformance testing program for Regulatory Liquidity Reporting. This will include :

1. identification of scope and building test plans

2. agreeing the scope and test plans, sampling criteria, etc. with relevant stake holders

3. gather relevant regulatory instructions, business requirements, interpretations, code sourcing data sourcing and transformations, etc.

4. execute test plan

5. report test results and agree ownership for remediation plan, if any

The role will require strong analytical skills and functional knowledge of reading and writing SQL scripts. To proactively engage the on-shore report owners and relevant data and technology teams responsible for implementing the report to agree and execute the testing plans. The role will involve collaborating with multiple on-shore and off-shore business partners across the bank to understand different report implementations.

Responsibilities.

• . Identify and prioritize testing scope
• . Build test plan. Agree the same with all stakeholders and publish / notify the milestones and timelines.
• . Develop sampling approach and criteria
• . Identify information requirements and notify relevant stakeholders
• . Engagement with Global liquidity Management Report owners, SMEs and other stakeholders to obtain the relevant reports, reporting instructions, business requirements, interpretations, sourcing logic and code for data and transformations, definitions for elements in sourcing logic, etc.
• . Prioritize different data elements for testing
• . Translate the SQL code / logic into plain English
• . Liaison with Code testing team to execute the testing for coded logic and transformation.
• . Execute testing of other elements
• . Compare output of the testing output to report instructions
• . Aggregate the test results and findings and document the same
• . Review the findings with relevant stakeholders
• . Coordinate initial escalation and reporting management to address disputed observations / findings including agreeing additional testing
• . Agree the final findings and remediation owner for each
• . Agree remediation plan and timelines
• . Complete the test report and remediation plan

Requirements.

Education :

Graduate / Post Graduate (MBA - Finance or equivalent)

Certifications If Any

Experience Range : 3- 5 yrs

Foundational skills.

Desired skills

Work Timings.

Flexible between 11 : 30 AM till 8 : 30 PM

Job Location : Mumbai

Skills Required

Alteryx, Sql, Ms Excel, Tableau