{bc}
indeed

Manager

Bank of America
Maharashtra, IND
Full-time
Onsite
Discovered Today
G SIB capital calculation and reportingBasel capital requirementsFinancial analysisExcelData validation and reconciliationRegulatory frameworks

Full Job Posting

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Bank of America lines of business and support functions through a globally integrated delivery model.

In India, operations are conducted by BA Continuum India Private Limited (BACI), Bank of America Corporation’s non-banking subsidiary.

Process overview

Enterprise Capital Management (ECM) manages the corporation’s and subsidiaries’ capital, implements capital management strategy and supports capital allocation.

ECM produces and monitors regulatory capital metrics, oversees capital measurement, manages capital-related disclosures and interfaces with banking regulators.

The role supports capital reporting policies and production, and contributes to process and tool improvements across ECM, Technology and Compliance.

Role overview

Business Analyst role supporting G SIB capital calculation and reporting and Line of Business G SIB management.

Produces high-frequency daily and weekly calculations in a highly manual, input-intensive environment, requiring accuracy, data integrity and control discipline under tight timelines.

Responsibilities

  • Perform daily and weekly LOB-level G SIB calculations, aggregating, validating and reconciling large volumes of manual inputs.
  • Learn and apply G SIB methodology, internal calculation logic and LOB-specific drivers.
  • Manage and validate upstream data feeds, adjustments, assumptions and overrides; identify and challenge data issues or ambiguities against regulatory requirements.
  • Recalculate promptly for balance sheet movements, data corrections and management requests.
  • Maintain calculation support, audit trails and documentation suitable for internal review.
  • Coordinate with data providers and sources and communicate data expectations and timelines.
  • Communicate calculation results, key drivers and issues to the core G SIB team.
  • Identify opportunities to enhance tools and processes; coordinate change projects, quantify results and communicate improvements across ECM, Technology and Compliance.

Education and experience

  • B.E. plus MBA, CFA or FRM.
  • 6–8 years of experience.

Foundational skills

  • Strong understanding of Basel capital requirements and financials; experience in a US bank setting is preferred.
  • Knowledge of Global Markets, banking products and risk management.
  • Knowledge of SQL, Python or AI/ML.
  • Ability to learn regulatory frameworks, calculation logic, templates and data structures quickly, with limited supervision.
  • Clear and concise verbal and written communication; comfortable escalating issues to management.
  • Intellectual curiosity, proactive organization and ability to manage multiple priorities in a time-sensitive environment.
  • Flexibility to join meetings during US time zone hours.
  • Strong Excel skills, attention to detail and control mindset; ability to identify risks and maintain controls.
  • Ability to manually manipulate, reconcile and validate large datasets and maintain numerical accuracy under repeated recalculations and time pressure.

Desired skills

  • Experience or exposure to Asset Liability Management (ALM) is preferred.
  • Business partnering skills and interest in understanding detailed processes and the broader picture.
  • Experience improving or automating manual processes.
  • Technical Business Analyst skills such as SQL, VBA, Tableau, Alteryx, Python or AI/ML.

Work timings

  • 12:30 PM to 9:30 PM.

Workplace

  • The employer states a commitment to an in-office culture, with role-specific flexibility based on responsibilities and business needs.
  • Job location: Mumbai.

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