Bank of America India | Team Leader

Responsibilities

• The Global Finance was set up in 2007 as a part of the CFO Global Delivery strategy to provide offshore delivery to Line of Business and Enterprise Finance functions.
• This role is that of a SME in the Recons domain .
• The role involves preparation and review of reconciliations of Balance Sheet Accounts of Bank of America adhering to Account Reconciliation Policy (ARP) and Account Reconciliation Standards (ARS) and to complete in timely manner to ensure all process SLAs are met.
• Ensure that the reconciliations are performed as per procedures/ standard policies.
• Ensure the balance sheet account transaction flow on accounts is understood and recorded in the process procedures.
• Ensure that the targets assigned in accordance with the SLAs are met.
• Ensure that quality of the Reconciliation is followed as per predefined parameters.
• Identify potential areas for process improvements, risk reduction, non-compliance & highlight the same to the supervisor.
• Provide relevant process reports on daily basis.

Experience range

• Exposure to Six Sigma and other quality improvement tools would be an added advantage.
• Should have an excellent understanding of different balance sheet account reconciliations.
• Excellent understanding of accounting concepts.
• Good exposure to Balance sheet reconciliation domain and tools.
• Strong Analytical and Problem-solving skills.
• Effective communication and leadership abilities.

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)