Team Leader - Finance Data Management and Regulatory Reporting

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. 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 supports all Lines of Business and control 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*

The CFO India platform provides offshore finance delivery and transformation support to Line of Business (LOB) and Enterprise Finance teams, delivering end‑to‑end CFO capabilities across financial accounting and close, financial control and compliance, financial planning and analysis, management and regulatory reporting, financial operations, finance systems, and finance change and ledger modernization initiatives.

CFO Data Management India team was set up in 2023 as a part of the CFO Global Delivery strategy to provide offshore delivery to CFO Data Management, part of Enterprise CFO functions, consolidating legacy functions of Finance Data Management and Treasury Data Management. The capabilities hosted include Data Analysis, Product specialists with understanding of underlying Data for Regulatory Reporting, Reconciliations, Management Reporting & Analysis, Research & Analytics, Financial Transaction Processing and Finance Systems Support

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

The Data Management team engages in various activities (including, but not limited to):

• Regulatory Reporting related data management Activities: Team support activities related to US Regulatory reports, data validation and resolution of Data quality issues.
• Team performs a critical role in providing centralized support for products such as Loans, Deposits, Derivatives, Cards etc. Data Quality/Validation and analysis for internal and external regulatory reporting.
• Team is engaged in activities such as validation of data for regulatory reports, data quality issue resolution, data reconciliation with authoritative sources and posting adjustments. Team actively works on strategic initiatives aimed at improving the quality of numbers reported in regulatory reports.
• Data Sourcing and provisioning: This includes defining and implementing data provisioning strategy to source the data from all lines of business into regulatory reports and management reports. Team is actively involved in sourcing initiatives where it works with various source systems, technology teams and report owners to source the data into regulatory reports as per regulator and stakeholder requirements.

Job Description*

Supporting Global Regulatory Reporting team to enrich the regulatory reporting by performing Daily, and Monthly Data Controls and Reconciliations to cover data Gaps and needs to perform set of controls for reference data management at product and reference data level. Built and test Data controls on SQL and implement via Alteryx. Data controls and data validations and reconciliations are to achieve a greater control on data prior the submission of regulatory reports to regulators.

The role will involve collaborating with multiple onshore business partners across the bank to understand different reporting systems. The candidate will be required to understand the regulatory reports and need to proactively engage with the onshore change management and technology teams responsible for improving our data quality and assist efforts on feed development / enhancement and overall process design to close the gaps identified. Also, the candidate should have advanced level of Alteryx and SQL knowledge to work on process enhancement and automations.

Responsibilities*

• Monthly/Daily production run of DQ/DV control checks for US Reporting
• Perform root cause analysis of data gaps and drive remediation
• Understand, explore and achieve the scope of automation and remediation after coordinating with downstream and upstream stakeholders like middle office, finance operation and other related business functions
• Engagement with Global Regulatory Reporting and Product’s SME and other stakeholders to discuss the new requirements via intake forms and to understand the new requirements along with the expansion on validation and analytical process.
• Partnering with external and internal auditors to drive the soundness and successfully execution of internal control programs
• Reconciliation of GL balances with Data sources for identifying gaps and drive resolution
• Engage with business and technical stakeholders at varied levels to align on key objectives and provide data control oversight and proactively escalate and mitigate risks, and ensure adherence to applicable regulators and policies
• Design and Development of data controls
• Work with business partners to expand data quality/data validation and analytical processes
• Visualize data gaps using Tableau

Requirements*

Education*

BE/B Tech./MCA/ MBA Finance or equivalent qualifications

Certifications If Any NA

Experience Range*

0-3 years of Techno-Functional experience in Finance/Banking domain with SQL/Alteryx/Tableau experience.

Foundational skills*

• Good understanding of Regulatory reporting
• Advanced SQL knowledge
• Advanced Alteryx/Tableau knowledge
• Experience in driving change process/ re-engineering & automations
• Strong verbal and written communication skills
• Flexibility to deal with multiple concurrent issues and tasks - ability to self-manage and prioritize
• Excellent problem-solving, analytical, and decision-making abilities
• Dynamic, high energy, solid work ethic, willing to take on initiatives.
• Able to excel and influence in a cross-functional team structure.
• Flexibility and good negotiations skills

 Desired skills

• Working knowledge of Ui Path/ Python
• Hands‑on experience using Microsoft 365 Copilot or equivalent generative AI tools to accelerate writing, analysis, and presentation of business deliverables
• Ability to frame effective prompts to generate accurate, relevant, and reusable AI outputs
• Experience leveraging AI for data analysis and insight generation, including variance analysis, trend identification, and preparation of executive‑ready summaries
• Sound judgment and risk awareness, including the application of appropriate checks, controls, and human review when leveraging tools, data, or automated outputs
• Ownership and accountability for end‑to‑end outcomes, quality, and timelines, with proactive escalation of risks and issues
• Problem‑solving mindset, with the ability to analyze complex issues, apply sound judgment, and propose practical solutions in ambiguous or evolving situations
• Learning agility and change readiness, with comfort in adapting to new tools, processes, and ways of working, including effective use of AI‑enabled tools where relevant
• Strong collaboration and executive‑level communication skills, with the ability to work effectively across teams, functions, and geographies using clear, concise, and professional communication

Work Timings*

Flexible between 10:30 AM till 10:30 PM (9 hours shift between this window)

Job Location

Gurugram/Mumbai

Experience Level

Senior Level