Bank of America is Hiring 👈💥

About Bank of America:

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*

The Basel Committee on Banking Supervision expect banks to implement a strong governance framework, risk data architecture and IT infrastructure as preconditions to ensure adherence with each of the BCBS 239 Principles.  Banks must develop and maintain strong risk data aggregation capabilities to ensure that RDA Reports reflect the risks in reliable way.  

The Risk Data Aggregation (RDA) processes includes defining, gathering, and processing of risk data and reports during both business-as-usual and stress/crisis environments to enable Bank of America’s Board of Directors and senior management to manage risk well and measure its performance against its risk tolerance and risk appetite as defined within Bank of America’s Risk Framework.

Job Description*

An ideal candidate for RDA project is expected to ensure the data lineage, controls, and transformations supporting Critical Risk Figures are documented as per the Risk Data Aggregation and Risk Reporting - Enterprise Policy. The candidate will be responsible for developing and maintaining comprehensive data lineage documentation, enabling stakeholders to trace data from source to consumption.

Responsibilities*

•     Data Lineage Documentation: Identify and map the flow of data across reporting templates and dashboards, capturing its origin, transformations and end usage.

•     Data Governance Support: Collaborate with data governance teams to ensure that data lineage is in compliance with internal policies and external regulations.

•     Collaboration with IT & Business Teams: Work with IT and business units to identify key data sources, transformation rules and usage patterns.

•     Regulatory and Audit Support: Provide detailed data lineage reports to support audits and regulatory compliance requests, ensuring transparency and traceability.

•     Continuous Improvement: Continuously enhance data lineage processes, staying up-to-date with new technologies, tools, and best practices.

•     Metadata Management: Collaborate with metadata management teams to ensure that data lineage information is properly integrated into enterprise metadata repositories.

Requirements*

• Education -MBA from top tier college, Bachelors/Masters degree in Financial.
• Certification if Any - Data governance or data management is desirable but not essential.
• Experience Range - 2 – 7 years.

Foundational skills*

• Technical business writing (BRD/FRD)                                   
• Strong understanding of data management, data flow, and data governance principles.
• Familiarity with data architecture, database management, SQL and ETL processes.
• Proficient in intermediate-level Excel functions, including nested formulas, conditional logic, lookups, and data aggregation techniques.
• Experience in working with data models, pivot tables, and managing large datasets in Excel.
• Ability to troubleshoot complex Excel formulas and ensure data accuracy.

Desired skills*

• Effective time management skills, with the ability to manage multiple high priority deliverables simultaneously.
• Knowledge of regulatory data compliance requirements
• Experience with regulatory reporting, regulatory exams, and/or audit

Work Timings*

• 12 Noon to 9 pm IST

Job Location*

• Gurugram, Mumbai and Hyderabad

Apply Link – Click Here

For Regular Updates Join our Telegram – Click Here

Citi is Hiring for Cash and Trade Proc Analyst 👀👈

 

The Client Onboard Analyst 1 is a trainee professional role. Requires a good knowledge of the range of processes, procedures and systems to be used in carrying out assigned tasks and a basic understanding of the underlying concepts and principles upon which the job is based. Good understanding of how the team interacts with others in accomplishing the objectives of the area. Makes evaluative judgements based on the analysis of factual information. They are expected to resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents. Must be able to exchange information in a concise and logical way as well as be sensitive to audience diversity. Limited but direct impact on the business through the quality of the tasks/services provided. Impact of the job holder is restricted to own job.

Responsibilities:

• Processes client’s requests related to system set up including signatories’ updates and documentation lodgment.
• Co-operates with internal partners to perform systems maintenance based on documentation related to account opening and maintenance processes.
• Provides response to client and internal inquiries.
• Prepares documentation for archiving .
• Applies appropriate bank’s regulations while processing the requests.
• Remains up to date with the current procedures, internal rules, external regulations, and follows the changes in the aforementioned documents.
• Documents operation procedure updates.
• Processes clients’ instructions ensuring the highest accuracy and effectiveness (ensuring deadlines are adhered to).
• Verification and authorization of data entered in the systems.
• Ensures all queries are dealt with in an efficient and timely manner.
• Escalates urgent / risk issues through the appropriate escalation channels.
• Co-operates with and supports other teams/employees upon supervisor’s instruction, including possibility of movement to another team and/or process.
• Performs other crucial tasks instructed by supervisors, e.g. participation in trainings, projects, conference calls, systems’ testing.
• Ensures high levels of client satisfaction through strong product, process and client knowledge. Identifies and suggests process improvements.
• Assists in the implementation of validated process improvements.
• Understands procedures and controls for operational processes. Supports Manager with quality assurance process. Understands procedures and controls for operational processes. Performs within departmental procedures and compliance standards in order to minimize losses.
• Responsible for coordination of projects around internal processes. Participates in user acceptance test of new systems.
• Effective execution of day-to-day responsibilities, as well as execution of any other work instructed by supervisor related to this function.
• Daily deliverable of routine and defined tasks, while developing knowledge of the broader context in which work is being performed.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications:

• Previous experience in financial services preferred.
• Knowledge of bank products in the scope of opening and maintaining of bank accounts Customer communication experience (internal/external). Knowledge on the field of finances and banking.
• Flexibility, team spirit, loyalty. High attention to detail. Good PC skills (Excel, Word). Fluent in both written and spoken English. Be able to work under pressure and to meet deadlines. Proficient knowledge of English (written and spoken).

Education:

• Bachelor’s/University degree or equivalent experience

Apply Link – Click Here

For Regular Updates Join our Telegram – Click Here

American Express Hiring Financial Analyst

 

Function Description

• Card & Merchant Accounting and Controls (CMAC) team in Global Financial Operations, Controllership, manages the foundational accounting for Card Member spend, Remittances and Merchant payments along with various other operational accounting processes that is core to a Credit Card domain.
• This team is the last line of defense and liaisons with broader controllership, technology / product, and Global Service Group (GSG) / servicing teams to ensure correct Card Member allocations and financial integrity is embedded in the end-to-end process.

How will you make an impact in this role?

This B28 role will be primarily responsible for managing E2E accounting and research and clearance processes for Card Member Credit Balance Refund ledgers, Governance of Balance sheet accounts (specifically Bank and suspense accounts ensuring all accounting (upstream system/manual) is processed timely and accurately across APAC & EMEA Markets. Incumbent will also be responsible to maintain financial integrity through timely reporting of process metrics, inputs related to trending variances, static and unnatural balances, customer queries and status of process improvement driven by upstream/downstream automation and improvements.

• Responsible for maintaining financial integrity of the APAC & EMEA Card Member Credit Balance Refund process.
• Be able to gain detailed understanding of end to end accounting, inputs, processes, controls, process flows, metrics, risks, SLAs and output of the process
• Work closely with business partners (Servicing teams within GPS & CFN) to clear the daily/monthly financial transactions, drive process efficiency and proactively highlight any exposure
• Be able to proactively highlight, communicate and mitigate risks.
• Monitor the trending of the Balance Sheet accounts managed and work with different stakeholders to identify and fix the RCA
• Ability to drive self and team goals with continuous focus on process improvement.
• Demonstrate effective proactiveness, transformational mindset as well as strong analytical skills.
• Ability to manage multiple projects to support enterprise goals.
• Effectively coordinate with technology for development / automation opportunities
• Ensure compliance with prevailing policies and procedures besides contractual and regulatory requirements as applicable

Minimum Qualifications

• B. Com with 2-4 years or CA/MBA/Post Graduate with 0-2 years of work experience
• Good knowledge of AR Platforms – Globestar, CARE, MARS, Payable Systems – Oracle SL, Mercury, etc.
• Good knowledge of Excel, PowerPoint, Business Intelligence and other data applications like Cornerstone, main frame systems is a plus
• Good communication and interpersonal skills

Preferred Qualifications

• Well-developed analytical skills, ability to understand the linkages to processes.
• Good Accounting knowledge.
• Demonstrate leadership skills needed to create, develop and communicate with diverse stakeholders.

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

• Competitive base salaries 
• Bonus incentives 
• Support for financial-well-being and retirement 
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location) 
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need 
• Generous paid parental leave policies (depending on your location) 
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location) 
• Free and confidential counseling support through our Healthy Minds program 
• Career development and training opportunities

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.  

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

Apply Link – Click Here

For Regular Updates Join our Telegram – Click Here