Vacancy description
Bank Of America
India, Mumbai
Assistant Manager - FLEXIBLE SHIFTS in Mumbai, India is listed on Jobeax. Browse 30,000+ vacancies available.
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. 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. 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.
Structured Products Calc Agent Team provides associates a unique opportunity to learn and understand how OTC products are built by trading in the market right from trade booking to settlement stage. Associates are required to partner/collaborate with internal and external stakeholders such as, Sales/Trading/Review Teams, Legal, Middle Office, Issuing Paying Agents etc. to ensure that all the regulatory and internal controls requirements are fulfilled in timely manner and Ratefixes are sent as per defined SLA.
The associates are expected to maintain good turnaround time and accuracy across life cycle event monitoring, amendments, resolution, and factor updates. The role involves liaison with Treasury, internal and external counsel, Issuers, Agents, Clearing Systems and entails the coordination of several support units ensuring that the business receives a quality one-stop service.
Perform self-review of data input in the back office systems.
Eye for detail and must be procedure focused to adhere to the Policy guidelines.
To be flexible in their attitude and approach and have a strong desire to learn from day to day scenarios.
Post Graduation or an equivalent qualification (CFA, FRM or Any Finance related certifications)
Experience Range
Experience in a middle office support functions or operations function for OTC derivative products with a total experience of 6+ years
Education - Graduate and Preferably MBA with Finance Background
Certification If any - CFA, FRM or Any Finance related certifications
Experience Range - Experience in a middle office support functions or operations function for derivative products with a total experience of 8+ years
Hands on understanding of Process Controls, Risk in Global Markets, Regulations
Strong understanding of all asset classes, product line, Fixed Income and Equity products
Hands on understanding of MS Office applications
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