Chief Financial Office (CFO) Data Management (CFO DM) is responsible for ensuring data used in key internal and regulatory reports (e.g., FFIEC 101, FRB 2052a, US/DA LCR, etc.) is timely, accurate, and properly controlled. This role will be responsible for supporting Treasury users of Banking Products data (consumer loans, wholesale credit products), and is focused on driving strategic efforts to resolve data issues and implement data and process improvements.
Core functions are: knowing the data, sourcing the data and controlling the data. This includes analysis, design, data derivations, control design, translation of business requirements, issue management, audit/governance support and process/design documentation.
Candidates should have extensive work history in several of the following key responsibilities:
Assume ownership of current CFO Data Management controls across multiple finance products. Ownership will include building, delivering and monitoring daily data controls essential for Regulatory Reporting.
Unwind SQL and ETL layers in Oracle database to identify issues/root cause analysis, understand logic/derivations and work with internal and upstream tech partners to resolve issues in a timely fashion
Generate daily and monthly reports on data quality breaks and data validation shifts outside of BAU thresholds
Drives and participates in design, development and implementation of future Treasury data controls
Data Control Governance - Ensuring process controls, data validation activities, and measurement processes remain timely and relevant
Create and maintain required documentation and evidence to ensure adherence to EDM Standards and RDA requirements
Work under minimal supervision on Corporate Treasury projects that require creative solutions under very tight deadlines
Operational Excellence - Improving CFO Data Management functions for production, data governance, data change and regulatory/audit activities
Change Management - Validates data and signs off on reports within test environments to confirm application accuracy, functionality and EDM Standards are met
Manage relationships with diverse data partners and technology teams to support initiative work that demand aggressive timelines
Collaborate with PMO Leads to and provide updates on project timelines, deliverables and obstacles / challenging
Create reporting for senior management that proactively provides project status, issue / enhancement tracking and project implementation
Required Skills/Experience:
Bachelor's degree, or higher, in Business / related field, or related work experience.
3+ years of experience in the Financial Services industry (at BAC or a similarly-sized institution) researching and remediating data issues impacting financial, risk, or regulatory reporting functions, project management or other data management & data control environment;
Knowledge/familiarity with loans, letters of credit and components of loans process in a financial institution
Advanced knowledge of Microsoft software (Excel, Word, Power Point) including advanced excel functions such as pivot tables, Vlookup and Microsoft Visual Basic (VBA) to supplement SQL skills in data analysis exercises.
Demonstrated experience of key data analysis concepts thru creation of SQL queries (Oracle, Teradata, and/or MS-SQL) to analyze large, complex sets of data, and develop quantitative + qualitative analytical determinations
A balance of strong analytical & problem-solving skills and excellent communication & presentation skills - the ability to dig into complex issues and then summarize in a clear, concise message to facilitate decisions and drive action;
Must be highly organized and self-motivated, able to work as part of a team in a fast-paced environment and balance multiple priorities simultaneously;
Desired Skills/Experience:
Prior experience with managing relationships with diverse data partners and technology teams to support initiative work that demand aggressive timelines;
Strong knowledge or prior experience with Data Controls monitoring and/or Data Control governance practices;
Familiarity with BAC Enterprise Data Management Policy & Standards and the BAC Risk Framework