Team Leader

Bank of America
Hyderabad
Workplace: OnsiteFull timeFunction: Administration & Executive Assistance0Education: mastersSkills: ["Analytical thinking","Problem-solving","Communication","Leadership"]

Lead SME responsibilities in the Reconciliations domain by preparing and reviewing balance sheet account reconciliations in line with Bank of America’s Account Reconciliation Policy and Standards. Ensure timely completion to meet SLAs, investigate breaks and report them to business partners, handle audit inquiries by explaining account activity, and maintain reconciliation quality while driving process improvements and daily reporting for Global Finance operations.

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FursaFursa
Bank of America
Bank of America
1 month ago

Team Leader

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Source: Company careers pageValidated by: Fursa AI
Last checked: 24 days agoStatus: Live

Job Summary

Lead SME responsibilities in the Reconciliations domain by preparing and reviewing balance sheet account reconciliations in line with Bank of America’s Account Reconciliation Policy and Standards. Ensure timely completion to meet SLAs, investigate breaks and report them to business partners, handle audit inquiries by explaining account activity, and maintain reconciliation quality while driving process improvements and daily reporting for Global Finance operations.
Location: Hyderabad
Workplace: Onsite
Employment Type: Full time
Job Function: Administration & Executive Assistance
Seniority: Manager level

Key Responsibilities

  • •Prepare and review balance sheet account reconciliations following ARP/ARS standards and procedures.
  • •Ensure reconciliation targets are met in accordance with SLAs and complete work in a timely manner.
  • •Investigate and report reconciliation breaks to business partners to support timely resolution.
  • •Follow up on open items and ensure required documentation is completed for aged items within timelines.
  • •Identify process improvement opportunities to reduce risk and non-compliance, and provide daily process reports.

Key Requirements

  • •B. Com/M. Com with MBA (Finance), or Qualified CA / CA Inter / CA Group-1.
  • •0-3 years of balance sheet reconciliation experience.
  • •Excellent understanding of accounting concepts.
  • •Good exposure to balance sheet reconciliation tools and domain.
  • •Strong analytical, problem-solving, and communication skills.
Education:Master's in Finance
Skills:Analytical thinkingProblem-solvingCommunicationLeadership
Tech Stack:MS ExcelPythonSix Sigma

Company Brief

Bank of America
One of the largest banking institutions in the United States, providing consumer and commercial banking, wealth management, investment banking, and financial services to individuals, businesses, and institutions globally.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Charlotte, United States
Founded: 1904
WebsiteLinkedIn