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*

ECM is a global team of more than 100 professionals responsible for the efficient and prudent management of the Corporation's as well as its subsidiaries' capital across the enterprise globally. ECM implements the Board’s capital management strategy including issuance, redemption or repurchase of common stock and other capital instruments. ECM works closely with lines of business and guides them to efficiently and proactively manage the enterprise's capital including design and implementation of capital allocation methodologies. ECM also recommends capital related financial resource limits to senior management. In addition, ECM produces and monitors regulatory capital metrics including capital adequacy ratios, leverage exposure and risk-weighted assets and oversees the end-to-end capital measurement process across the enterprise. Partnering with other control functions, ECM manages external disclosures related to capital management including 10Q, 10K, Pillar 3 disclosures and other regulatory filings‎. ECM interfaces with banking regulators globally on all capital related matters.

In our rapidly changing banking environment, the individual in this role will be expected to maintain policies and procedures for capital reporting as well have capital production responsibilities. They will learn to identify opportunities to enhance tools and processes and create documentation supporting those enhancements. The ability to coordinate projects to bring about change in processes and procedures, quantify the results of such change and communicate these enhancements across ECM, Technology and Compliance is important. Strong quantitative, analytic and communication skills as well as familiarity with banking products are needed.

Job Description*

This role is a Business Analyst position responsible for supporting G SIB capital calculation and reporting. The role supports Line of Business (LOB) G SIB management and is accountable for producing high frequency (daily and weekly) G SIB calculations in a highly manual, input intensive environment.

The position requires rapid onboarding, strong technical execution, and sustained accuracy under tight timelines. The ideal candidate can operate effectively with evolving inputs and frequent recalculations while maintaining data integrity, documentation standards, and control discipline.

Responsibilities*
• Perform daily and weekly LOB level G SIB calculations, including aggregation, validation, and reconciliation of large volumes of manual inputs
• Rapidly learn and apply G SIB methodology, internal calculation logic, and LOB specific drivers
• Manage and validate multiple upstream data feeds, adjustments, assumptions, and overrides
• Identify and challenge potential data issues or ambiguities and review against regulatory requirements
• Execute recalculations quickly in response to:
◦ Balance sheet movements
◦ Data corrections
◦ Management requests
• Maintain robust calculation support, audit trails, and documentation suitable for internal review
• Coordinate with multiple data providers and/or data sources, and clearly communicate expectations in terms of data and timelines
• Clearly communicate calculation results, key drivers, and issues to the core G SIB team
• Thrives in environments where outputs are:
◦ Frequently refreshed
◦ Period over period compared
◦ Closely reviewed by management

Requirements*

Education*

B.E + MBA / CFA / FRM

Certifications If Any – NA

Experience Range*

6-8 years

Foundational skills*
• Strong understanding of Basel capital requirements and financials, preferably in a US bank setting
• Experience and exposure to Asset Liability Management (ALM) is preferred
• Knowledge of Global Markets and Banking products and risk management
• Knowledge of SQL, Python or AI/ML
• Able to quickly learn and apply complex regulatory frameworks
• Effective with minimal ramp up time and limited supervision
• Rapidly absorb new calculation logic, templates, and data structures
• Proven track record of clear and concise verbal and written communication, comfortable escalating issues to management
• Intellectual curiosity, regularly asking questions to enable rapid learning of a complex topic.
• Self-starter with ability to be proactive and well organized.
• Flexibility in joining meetings during US time zone hours.
• Strong Excel skills and attention to detail is must
• Strong control mindset including ability to identify risks and build and maintain associated controls
• Ability to manage multiple priorities in a time-sensitive environment
• Strong ability to manually manipulate, reconcile, and validate large datasets
• High numerical accuracy under repeated recalculations and time pressure Detail, Control & Process Discipline

Desired skills
• Natural desire to understand intricate processes while seeing the big picture
• Good business partnering skills
• Experience improving and automating manual processes
• Technical Business Analyst skills (SQL, VBA, Tableau, Alteryx, Python, AI/ML)

Work Timings*

12:30 PM to 9:30 PM

Job Location*

Mumbai

Learn more about this role

To proceed with your application, you must be at least 18 years of age.

Acknowledge

Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.

Acknowledge

Refer a friend

To proceed with your application, you must be at least 18 years of age.

Acknowledge

Bank of America employees are required to meet all posting eligibility requirements prior to applying for any new position.

Acknowledge

Full time

JR-26036889

Manages People:

Age requirement: Must at least be 18 years of age.

Job saved

Street Address

Primary Location:
Cignus Tower, Mumbai, 400087

Great place to work

What we do
• How we’re organized
• Our mission and vision

Hiring process

For students
• The campus experience
• Student programs
• Joining the team
• Campus Events
• Opportunities

Advertising Practices

We strive to provide you with information about products and services you might find interesting and useful. Relationship-based ads and online behavioral advertising help us do that.

Bank of America participates in the Digital Advertising Alliance ("DAA") self-regulatory Principles for Online Behavioral Advertising and uses the Advertising Options Icon on our behavioral ads on non-affiliated third-party sites (excluding ads appearing on platforms that do not accept the icon). Ads served on our behalf by these companies do not contain unencrypted personal information and we limit the use of personal information by companies that serve our ads. To learn more about ad choices, or to opt out of interest-based advertising with non-affiliated third-party sites, visit YourAdChoices layer powered by the Digital Advertising Alliance or through the Network Advertising Initiative's Opt-Out Tool layer. You may also visit the individual sites for additional information on their data and privacy practices and opt out-options.

To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs.

End of content
• Your Privacy Choices
• Recruitment Scams
• Data protection notice
• Pay transparency
• Site map
• Privacy
• Security
• Advertising practices
• Terms and Conditions of Employment

Bank of America, N.A. Member FDIC. Equal Housing Lender

Connect with us
• ◦ Bank of America
◦ Merrill Lynch

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

View your "Know your Rights" poster.
View the LA County Fair Chance Ordinance.

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:

Are Not FDIC Insured | Are Not Bank Guaranteed | May Lose Value
Are Not Deposits | Are Not Insured by Any Federal Government Agency | Are not a condition to Any Banking Service or Activity

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

Trust, fiduciary and investment management services are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”).

Bank of America Private Bank is a division of Bank of America, N.A.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Important notice:
You are now leaving a Bank of America website.

By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. Bank of America is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. Please refer to the website’s posted privacy terms and use.

You can click the Continue button to proceed or the Cancel button to return to the previous page.

Continue Cancel

Manager

Skills

About the role