Spec, Fin Plan&Analy

Recruiter
BNY Mellon
Location
Chennai, Tamil Nadu, India
Salary
Not disclosed
Posted
09 Sep 2021
Closes
05 Oct 2021
Ref
2117134
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job Description

Finance Chief Data Office (FCDO) is setting and executing the data strategies across finance. The Data Architecture group of the FCDO team is establishing data architecture across all areas of finance, working with the operational systems, data consumers, enterprise architects, data strategy and Digital groups to roll out the data model and hydrate the data model for all consumers, including accounting, regulatory and financial reporting, CFO teams and corporate treasury. We aim to provide transparency of our data asset and actively manage the asset to contribute to the fulfilment of regulatory requirements and provide operational efficiency. The Data Architect function plays a critical role in the transformation of the organization by connecting data, technology, processes and controls.

Data Architect sets the architectural direction, gathering and analyzing business requirements, developing the appropriate data model, and provide guidance and support on data strategy. This position will play a key role in the finance digital transformation initiative.

Description

Data Architect is expected to work with all data consumed by finance and support the organization to streamline and simplify the data pipeline, curate the data model and the data in finance:

  • Work closely with enterprise architects, controllers, regulatory reporting, corporate treasury, technology partners, data stewards, data strategy, and data operations to curate the finance data architecture
  • Assist in defining data modeling standards, and foundational best practices
  • Define and build the Finance Data Model for all products and services across all lines of business
  • Curate a single, agreed set of business terms used across Finance
  • Curate a single, agreed set of definitions for the business terms used across Finance
  • Curate a single, agreed set of harmonized values for the business terms used across Finance
  • Develop the operating model for maintaining the Finance Data Model. Automate repeatable process for maintaining the Finance Data model
  • Maintain the inventory of all data consumed by finance
  • Document Finance Data Lake (FDL) ’s use cases, requirements, and enhancement requests, including non-functional needs for an operating model, e.g. the need for a service, not just a tool
  • Document the scope (source systems/ data classes) that must be onboarded to the data lineage for the FDL
  • Consult, facilitate understanding and translate data requirements into logical, physical and semantic layer models across the analytical data environment
  • Ensure data structures are designed for flexibility to support future business needs
  • Ensure that data designs follow architectural best practices and appropriate business rules
  • Be an advocate for best practices while balancing business value and reasonable practicality
  • Profile and analyze source system data to determine data relationships, design constructs, consistency and quality.
  • Provide quality assurance (QA) test cases for use by the Data Lineage team to independently conduct quality control testing for the onboardings
  • Perform user acceptance testing (UAT) for the onboardings, provide feedback, and re-test until user acceptance is completed
  • Maintain Issue Inventory, deliverable/reporting inventory, data transformation inventory, and other identified data assets.
  • Enable and guide analytics user community in the understanding, location and selection of appropriate data sources to achieve key business goals
  • Analyze and evaluate data definition and modeling environment providing key recommendations for improvement.
  • Identify data gaps and process improvement opportunities, and provide recommendations for improvements incorporating best practices
  • Facilitate understanding of high-quality data management discipline throughout the corporation
  • Advocate and drive adoption of “best practices” to ensure standardization of business architecture outputs across Finance
  • Solid functional and business knowledge on Corporate Finance, Regulatory Reporting and Corporate Treasury business process and data model
  • SME knowledge of internal and external reporting (ALM/LCR/NSF), especially around data consumption requirements
  • Clearly define data requirements in the business context. This includes data sourcing requirements and data quality business rules.
  • Construct workflow charts and diagrams; studying system capabilities; writing business requirements
  • Define project requirements by identifying project milestones, phases and elements (collaborate with PMO)
  • Perform root cause analysis for data gaps and issues, research and determine scope and complexity of issues and identify the steps for remediation
  • Understand and communicate the financial and operational impact of any changes
  • Coordinate remediation with relevant teams (source systems, technology, business, finance, etc.)
  • Create informative, actionable and repeatable reporting that highlights relevant business trends and opportunities for improvement
  • Identify areas of business process improvement and make recommendations for long-term solutions
  • Design interactive data dashboards
  • Drive automation of processes

Qualifications

  • Bachelor’s degree or the equivalent combination of education and experience is required.
  • Experience as an Architect is required.
  • Working knowledge of Erwin is strongly preferred
  • Five to seven years of total work experience preferred.
  • Technical Skills with Python, Power BI, Alteryx, Hadoop, SQL would be preferred
  • Experience with data domains like deposits, loans, trade finance, securities, derivatives, securities financing, etc. is strongly preferred.
  • Experience with finance data set and process: balance sheet, income statements, consolidations, profitability, liquidity analytics and reporting, interest rate risk management, asset-liability management, regulatory reporting, is strongly preferred.
  • Knowledge of the structuring of data environments and applications that use big data processes is a preferred.
  • Degree in math, engineering, statistics, computational finance or economics preferred.
  • Work toward or completion of MBA, CFA, or CPA/CA , FRM preferred.
  • Some experience with Business Intelligence data management and visualization applications specific to Hadoop big data and the ability to use SQL/Hive and other computer languages used in big data for analysis and structuring is preferred.

BNY Mellon is an Equal Employment Opportunity Employer.

Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

For further information, and to apply, please visit our website via the “Apply” button below.

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