Bank of America is Hiring for many roles. Here is everything that you need to know about this post!
Bank of America job Overview
- Company – Bank of America
- Role – Team Developer, Team Leader, Manager, Global Markets Operations
- Qualifications – Bachelor’s Degree, Master’s Degree
- Location – Gurugram, Hyderabad, Mumbai, Chennai, Gandhinagar
- Experience – Fresher or experienced
JOB DESCRIPTION
Team Developer/ Leader
The role involves reporting, analysis, accounting, data validation and liaising with various stakeholders. Daily Processing of Knowledge of Corporate Actions/equity dividend events in an accurate, timely and consistent manner, in accordance with departmental procedures and to the agreed service levels.
Manager
Manages a single function or specialty area, typically involving service, operations or administrative associates. Directs team leaders and/or assistant managers using established policies and procedures and sets priorities to ensure task completion.
Global Markets Operations
Support India Global Market Operation so as to ensure adherence to the CSA operational requirements. Candidate must be able to support trade processing, confirmations, margin requirements, client servicing , settlement, regulatory reporting
Roles And Responsibilities
Team Developer/ Leader
- Responsible for various day to day accounting processes, financial analysis, financial and management reporting
- Accountable for application of financial principles, ability to read and comprehend financial reports and conduct & conclude analysis.
- Responsible for data dictionaries/conformance to instructions and /or preparation of various regulatory reports, documentation, interpretation and communication of regulatory reporting requirements
- Daily reconciliation of control, suspense and bank accounts and daily resolution of reconciling items.
- Calculating and processing interest adjustment for Checking, Savings Accounts.
Manager
- Resolves escalated issues and problems.
- Possesses exceptional leadership and communication skills.
- May perform a specialist role in a support function performing routine transactions or functional activities.
Global Markets Operations
- Ensuring daily margin calls are confirmed with the counterparties and processed in internal system as per agreed terms.
- Preparation and settlement of collaterals on same day or as per contracted timeline.
- Escalate disputes to internal reconciliation teams in timely manner and liaison with clients for necessary investigations. Coordinate with regional collateral teams and counterparty for smooth processing of collateral process.
- Ensure compliance to relevant collateral terms/regulations.
BASIC QUALIFICATIONS
Team Developer/ Leader
- Excellent Knowledge of financial and capital markets (equity).
- Working Knowledge of General Accounting (journal entries, debits/credits, color of entries and treatment in books etc.).
- 0 – 2 years of experience
- Graduate, Master’s Degree, CA (varies by locations)
Manager
- Incumbents would be Graduates / Post Graduates
- 84-108 months of work experience with at least 12 months experience of handling multiple team leaders and significantly large operation of 80-100 associates.
Global Markets Operations
- Presentable and confident with good communication skills to manage conversations with clients and other stake holders.
- Ability to work under pressure in a team environment.
- Ability to liaise with all levels of the firm and people with different experiences and backgrounds
- Self-motivated and able to work unsupervised.
- Candidate will be able to manage own time and know when to escalate
Apply link
For Team Leader (Gurugram) – CLICK HERE
For Team Leader (Mumbai) – CLICK HERE
For Team Developer (Hyderabad, Chennai) – CLICK HERE
For Team Developer (Gurugram, Hyderabad) – CLICK HERE
For Manager (Gurugram, Mumbai) – CLICK HERE
For Global Markets Operations (Mumbai) – CLICK HERE
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