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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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*

Enterprise Independent Testing (S&TD) team performs reviews, data extraction, scripting, sampling and analysis using various data sources to support compliance testing across the bank's enterprise

Job Description*

Associate would require proficiency in data analytics to perform business analysis for operational risk organization. Objective of the role is to develop / modify existing scripts using SAS, SQL, SSIS and Trifacta automation technologies. The developer needs to refer to standard procedures and methodologies to perform data extraction, analysis, sampling and monitoring using above mentioned technologies. The results and analysis based on the work would further be used to develop trend analysis, and risk impact within the business.

Responsibilities*

• Own and execute the end to end execution of new and/or modified test plans, scripts and associated documentation in collaboration with the Test Owner, Test Development Manager and Sampling Execution Manager, ensuring compliance with enterprise testing standards and policies
• Understanding data requirements, working with data partners to ensure appropriate sampling requirements are incorporated in to the Test Plans, developing the logic required for providing samples for tests, distribution of samples for testing and resolution of any issues encountered in executing scripts. Responsible for accessing pertinent databases or acquiring raw data from third party sources along with all associated documentation
• Candidate must exhibit an exceptional degree of ingenuity, creativity, and resourcefulness
• Often acts independently to uncover and resolve issues associated with procurement of data to be used for testing
• Maintain SOR (System of Record) tracking of test status per standards
• Participate in other phases of testing (intake, development, reporting) to provide expertise and feedback on areas assigned
• Delivering high-quality results and managing, manipulating and summarizing large quantities of data
• Incorporate automation during test development using effective and efficient technologies, where possible

Requirements*

Education*

Education: Graduates or Post-Graduates in Computer Science, Software Engineering, Statistics. B.Tech/B.E./B.Sc.(Statistics)/B.C.A./M.C.A/M.Sc.(Statistics)

Experience Range•

3-5 years

Foundational skills*

• Bachelor's degree or equivalent experience
• 3+ years' experience with an internal audit, testing, risk management, process improvement, compliance, or front-line control role
• Strong understanding of SQL/Python/Trifacta/Alteryx/Power Query/VBA with data warehousing and mining concepts.
• Experience building queries to source data from a variety of different types of data sources such as DB2, Teradata, Oracle, SQL Server, Hadoop, Hive
• Proficiency with MS Office suite with an emphasis on Excel to perform data analytics, pivot tables, lookups and external data source connections
• Ability to communicate complex technical concepts with non-technical business partners, in order to develop populations for testing
• Demonstrated project management skills; Ability to handle multiple competing priorities with demonstrated success at achieving SLA (Service Level Agreements)
• Strong familiarity with sampling business requirements and test design
• Strong partnership and influencing skills, research and analytical skills
• Strong verbal and written communication skills as well as interpersonal skills
• Self-starter, organized, versatile, capable of performing work independently with minimal direction
• Ability to think independently, solve problems, and develop solutions
• Demonstrated ability to interface effectively with Senior management
• Strong team player

Desired skills

• Experience in Enterprise Control functions and related compliance efforts
• Risk management, Compliance and/or Audit experience
• 3+ years working within a financial institution
• Diverse experience across multiple lines of business and functions

Work Timings*

1:30 PM - 10:30 PM IST/2:30 PM - 11:30 PM IST

Job Location*

Chennai