Bank of America

About the job
Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

The FCPS (Finance Change and Production Services) team, which is part of the (GFC) Global Financial Control organization within CFO division, delivers finance projects and technology solutions for the Bank of America (BAC) enterprise and also supports Line of Business (LOB) projects that impact our core finance and general ledger applications. The Finance Change team is responsible for overall program/project management, business analysis and requirements, functional design, testing, organization readiness and deployment activities. The Production Services function ensures all financial accounting & regulatory reporting systems and applications are operating smoothly from a functional perspective.

Job Description*

This role is for a Business Analyst resource responsible for documenting detailed business requirements in support of the FCPS delivery of programs/projects in the US, EMEA, APAC and LATAM regulatory reporting groups and general ledger operations. The resource will be responsible for (1) understanding the Change, (2) defining and documenting the current state (if applicable) and target state processes and (3) ensuring collaboration with Technology teams & Users until implementation of the Change. It requires working closely with the Business Lead/Product Owner, including upstream / downstream Stakeholders and Technology to ensure all aspects of the change are being considered and prioritized when documenting the requirements. The business requirements are the foundation for the design, build, test, operational / organizational readiness and deployment activities in the life cycle of a project.


Understanding the Regulatory Change and documenting detailed requirements. This includes functional capabilities, workflow needs, business rules, reporting requirements and timelines, etc. Collaborate with the Users & procure all required sign offs.
Identifying current state processes and the target state scope, objective and business outcomes of the Program/Project
Identifying any data sourcing requirements, documenting them and co-ordinating with relevant Teams
Understanding the in-house & AXIOM design and documenting functional specifications in conjunction to the business requirements
Creating high quality JIRAs documenting all critical aspects including business requirements, mapping requirements, acceptance criteria, etc using the BAC enterprise change management templates
Create process maps or operating model where necessary.



Education – Graduate degree in Commerce, Business or Technology.

Certifications If Any – AXIOM / Business Analysis etc.

Experience Range*

7 to 10 years

Foundational skills*

Experience as a Functional Business Analyst in technology implementation projects, having written Business requirement documents (BRDs)


Extremely strong Knowledge of US/ EMEA regulatory reports (financial or risk) and Strong knowledge of financial concepts
Ability to understand complex business processes and breakdown to process components.
Demonstrate ability to work in a fast-paced, every-changing, highly collaborative environment.
Strong knowledge of creating process maps
Strong relationship management and interpersonal skills, ability to build strong rapport, respect and trust with key stakeholders and constituents.
Professional written and verbal communication skills
Excellent analytical skills and ability to identify/raise questions, and problem solving capabilities
Strong organizational skills and attention to detail, and good with numbers
Proficient with Microsoft Office products (particularly MS Excel, Word, Visio, PowerPoint)

Desired Skills

Exposure to projects in Financial Accounting and reporting (in Financial Control / Product Control/Treasury), and/or in Risk Regulatory reporting (Market or Counterparty risk) in financial services industry
Expertise in Axiom Regulatory platform (if possible, AXIOM certified)
Knowledge of Banking and Capital market products
Understanding of general ledger & trading sub-ledger concepts
SQL, Database knowledge & ability to analyze data and related flows
Knowledge of Agile methodology and tools (i.e., JIRA)
Knowledge of ERP solutions (SAP, Oracle) particularly with general ledger

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