דרושים Senior Analyst System Administration & Support ב-Bank Of America ב-India, Gurugram

Responsibilities*

• Design, implement, and enhance quantitative models (including risk, statistical, and machine learning models) to support balance sheet management decisions
• Conduct research and analytics on balance sheet-related topics, including asset and liability management, funding strategies, and risk management
• Collaborate with internal stakeholders, including trading desk, finance, and risk management teams, to ensure alignment and effective implementation of balance sheet management strategies
• Develop and maintain automated processes and procedures to ensure efficient and effective balance sheet management

Requirements*

Education*CA/MBA

Certifications If Any - CFA/FRM

8 to 12 years

Foundational skills*

• Advanced degree in quantitative finance, engineering, or a related field, or equivalent work experience
• 8+ years of experience in financial analysis, trading, or risk management, with a focus on balance sheet management
• Programming skills in Python or other object-oriented programming languages, with experience in modeling and data analysis
• Understanding of financial markets, liquidity, and risk management concepts
• Strong critical thinking, attention to detail, analytical, and problem-solving skills

Desired skills*

• Advanced programming skills, including deep knowledge of Python or C/C++, familiarity with data structures and standard algorithms, and design patterns
• Experience with derivatives ( OTC or listed), as well as other financial instruments
• Solid foundation in statistics and machine learning, with experience in applying these concepts to balance sheet management or risk management problems

Work Timings*12:30 PM to 9:30 PM

Mumbai/Gurgaon

Process Overview*

Merrill Onboarding and Maintenance checks regulatory and compliance requirement for account opening and maintenance documents for business and retail accounts for wealth management services and features. Team provides operational support to the Branch Offices for MLPF&S brokerage account products via email & IM and ensure all the documents are compliant.

Job Description*

Individual will perform as a contributing member to drive productivity and error free environment. Associate will be responsible to convey correct and appropriate information to the branch for any missing and incorrect information on the document related to brokerage account opening and maintenance for Merrill Lynch clients. A first time resolution is expected from an associate while processing/reviewing the documents and responding to clients for better Client Experience.

Responsibilities*

 Responsible for the reviewing completeness and accuracy of numerous account opening and maintenance documents for various individual, joint, custodial and trust accounts.

 Communication to Branch Office detailing why the documents was returned and resolution on action taken via email to CAs & FAs.

Requirements*

Graduate ( Preferably B.Com Graduate)

Certifications If Any

Experience Range*

24-36 Months

Foundational skills*

Banking Domain . Investment banking and Wealth Management

Desired skills

 Good written & communication skills in English

 Willing to work in night shifts shift.

 Reasonable Analytical Skills

Work Timings*

05:30 pm - 02:30 am IST ( Fixed)

Responsibilities*

•Manage highly analytical deliverables and work One to One with Senior Business Leaders.

•Lead and influence the matrix that supports business strategic direction for the team.

•Contribute through thought leadership with Subject Matter Expert knowledge

•Lead and execute project deliverables; oversee team projects and direct group efforts as needed without any overview

•Work on business decision support with Senior Business Leaders end to end without any overview

•Establish and maintain relevant controls and feedback systems

•Co-ordinate with the business to resolve process bottlenecks at different levels

•Partner closely with stakeholders LOB (as needed) to support reporting routines.

•Lead month-end close and all other associated management reporting.

•Manage research, projects, ad-hoc requests and simplification and standardization efforts.

•Oversee Forecast/Plan and support business reviews strategic direction of the team.

• Production and reporting of financial reports to key stakeholders and management.

• Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds

• Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.

• Development & continuous improvement of existing processes & workflow.

• Testing / UAT for systems work ranging from minor system releases to major system implementations.

• Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

• Contributing to Governance process, operational error reporting and support of other internal control process, including Self-Identified Audit Issue and Operational Risk remediation

Operational Effectiveness

• Leading role in driving team projects, including automation and process enhancement.

• Ensure all front to back breaks are understood, and escalated in accordance with standards

• Ensuring a minimum of manual, standalone processes are maintained. Where tactically used, ensuring a strategic solution is being sought.

• Accurate analysis and recording of operational loss events.

• New Product Review - Involvement in completion of New Product Review documentation for new businesses / products proposed by your trading desk, and the implementation of systems and process changes / improvements that are required

• Development and production of Financial Reporting for business reviews

• Review Monthly financial and key performance metrics with Business and discuss key business strategy and plan

Requirements*

Education Qualification: Postgraduate degree or accounting qualification (e.g. Chartered Accountant – CA, CFA L-3, FRM, MBA from Tier 1 Institutes etc.)

Certifications If Any

Experience Range*

• Experience: 10-12 Years of Industry, FP&A, Finance or Product Control, Valuation control or market risk experience

Foundational skills*

• Strong communication, organization, presentation and interpersonal skills, be able to establish strong working relationships with a board range of stakeholders, ability to influence team at remote locations

• Strong business sense and control mindset, demonstrable risk identification and management

• Strong analytical and problem-solving skills with a demonstrated ability to analyze business processes and workflows and deliver required project to a high standard

• Ability and confidence to tackle new concepts and ideas associate with ongoing change in the business

• Ability to build SME knowledge within the group - provide appropriate level of business, product & process training to the peers & teams

• Ability to juggle multiple tasks and responsibilities

• A ‘Can do’ attitude, self-driven and proactive, be innovative and have the ability to generate new and creative ideas

• Attention to detail, strong Excel skills, good working knowledge of accounting concepts

• Good understanding of Global Market business and relevant experience is preferred

• Candidates with emerging technology (Alteryx, Tableau, Workiva) experience is preferred

Desired skills

• Demonstrated ability to work in a high-pressure environment

• Takes initiative and challenges existing processes and procedures in a proactive manner

• Strong team player

• Ability to analyze issues independently and derive solutions

Work Timings*

• Weekly Offs : Saturday & Sunday

• Timing: Any 9 hours shift between 8:AM to 11:00 PM IST

Job Description*

Primary products covered will include foreign exchange, FX Options, FX Forwards, Fixed Income, Money markets, Rates.

Responsibilities*

• Supervise Production and Reporting of daily P&L and balance sheet to Front Office & Senior Management.
• Supervise Reconciliation of actual P&L with trader estimates and review flash/actual variance analysis.
• Work closely with the trading desks on position, P&L or other issues on an ad-hoc basis.
• Review Front-to-Back analysis & reconciliations of front office P&L and Balance Sheet to firm sub-ledgers,
• Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds.
• Analyze traders’ risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.
• Control books, cost center and Business Units for line of business.
• Supervise IPV, Valuation Control Activities, VA Computations
• Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.
• Develop, standardize & continuous improvement of existing processes & workflow.
• Monitor Testing/UAT for existing or new systems.
• Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.
• Optimize Operational Excellence – act as innovator and change catalyst to drive process redesign and realize efficiency across the platform.
• Partner with GBAM Finance LOB executives to evaluate current process design, identify opportunities for efficiency and drive adoption of agreed changes.
• Manage team projects, direct group effort and day-to-day team activities.
• Manage and drive risk disciplines and internal controls to deliver the best outcomes for our clients and shareholders.
• Be pro-active and engage control partners/ technology to identify and mitigate operational risks.
• Attract, retain, and grow talent.
• Build a culture and process to identify, mitigate, and control operational risk.

Requirements*

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products

Certifications If Any

• CFA / FRM certified candidates would be preferred

• Advanced education and/or enhanced technical qualifications are a plus

Experience Range*

10 to 16 years with at least 8+ years’ experience in Global Markets

Foundational skills*

• 8+ years of Banking and Financial Services experience and held a finance leadership position in an international environment with extensive knowledge of working in a Global Markets.
• Should have good understanding of financial markets, Derivatives & structured notes-their hedging, funding, credit risk etc.
• The individual should have a proven track record of working and experience of managing teams of 10+ individuals having a pedigree of tier 1/ tier 2 institutions and possess a comprehensive expertise in strategic planning for flawless delivery.
• Strong people management skills, including the ability to resolve people issues and motivate the team to deliver.
• Line experience coupled with a demonstrated ability to lead technology-based change.
• Proven experience of providing thought leadership to overcome challenges and lead without direct authority, excellent skills with an ability to manage the group of fast paced team supporting multiple business verticals.
• Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.
• Has the gravity to interact at all levels of management to support resolution of complex business issues.
• Demonstrated ability to work in a globally matrixes and significantly multi-geography, multi-cultural offshore service delivery environment.
• A convincing executive presence which conveys composure and confidence in all situations, the credibility and stature to carry stakeholders through influence rather than via the hierarchy.
• Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders.

Desired skills

• Alteryx / Python / Tableau knowledge would be an added advantage.
• Must be proactive and be a highly motivated self-starter.
• Effective communication skills with English proficiency
• Demonstrated ability to work in a high-pressure environment.
• Takes initiative and challenges existing processes and procedures in a proactive manner.
• Strong team player
• Ability to analyze issues independently and derive solutions.
• Analytical skills
• Inherent sense of principles of control through experience and sound judgment
• Reliability

Work Timings*

11:00 AM IST to 08:00 PM IST

*

• The Securities Exchange Act of 1934 which requires Merrill Lynch to verify client profile information when a new account is opened or if there is any account’s investment objective change or periodically, must occur at least once every 36 months. CM&PD team review the images of scanned Client Data Validation letters returned by the client and identify which data attributes need to be updated based on the returned form, and make the respective updates in Client Profile/Client 360. Team also review the deceased status of the client and report out if find any discrepancy and makes reports available to different stake holders for further processing. Team Link the customer’s Bank of America relationship on the ML platform that enables the Financial Advisors to review the entire client relationship. Another function that team has to update the four core data attributes (Name, Address, DOB and TIN) from 20-90 days ageing of cases. The core data updates or change will either be accepted or rejected by the team to update the client’s profile with the most recent changes. Team also manage the work of Consolidated Audit Trail Phase 2e, this is the process to manage and remediate client data as per the FINRA requirements as a part of adopted Rule 613 on July 11, 2012.

*

• Responsible for the review and update the client’s information in the client’s profile.
• Identify and track on Large Trader who could possibly influence the market.
• SEC needs data of Large Trader hence, GBS team review and send alert to branch office to take action to add the Large Trade Identification from the client.
• Team also Delink the Bank Accounts from the Brokerage profiles.
• Responsible to interact with LOB and Branch Offices via email and over calls.
• Provide a high level of quality service, support, and responsiveness to clients of Merrill Lynch, internal clients, and communicate effectively with branch & LOB.
• Prepare Deceased Customer reports for different stakeholder
• Team also manage the work of Consolidated Audit Trail Phase 2e, this is the process to manage and remediate client data as per the FINRA requirements as a part of adopted Rule 613 on July 11, 2012.

*

• Responsible to meet SLA and take ownership to complete the task.
• Interact with LOB and Branch Offices via email and over call.
• Keep focus on accuracy and deliver error free work

*

• Education * Any Graduate
• Certifications If Any NA
• Experience Range * 2-4 Year
• Foundational skills * Knowledge of Wealth Management and Investment Products , Merrill Lynch Products, Good Communication skills, Basic MS Excel Skills; Work under pressure,

*NA

*
10:30 to 22:30 Window (subject to change as per business requirement)

Fixed Saturday and Sunday Off

*

Responsibilities*

• Supervise Production and Reporting of deliverables including commentaries for financials

• Work closely with BFOs, Operations, GBAM CFO, and Technology teams on a regular basis

• Work with team to understand and comment variation trends

• Work with team to drive Investment banking expense recovery and reporting processes

• Liaise with various business partners such as Technology, Risk, Operations and Finance to resolve issues / queries

• Lead the story boarding and production of materials used for communication to various stakeholders, regional teams

• Manage projects and adhoc analysis working closely with business, Global teams

• Liaise with various stakeholder such as Technology, Risk, Operations and Finance to address any nuances

•Build strong partnership across finance functions, enhance communication and collaboration

•Identify and drive Opex opportunities, Develop, standardize & ensure continuous improvement of current processes & routines

• Risk and control mindset, ensure adherence to firms risk and control framework

Certifications If Any

Experience Range*

8 to 12 years with at least 8+ years’ experience in Global Banking BFO role in the Banking domain

Foundational skills*

• 6+ years of Banking and Financial Services experience with extensive knowledge of working in a Global Banking/product control teams

• Comprehensive experience in financial planning, reporting and analysis

• The individual should have a proven track record of working and experience of managing teams of 10+ individuals having a pedigree of tier 1/ tier 2 institutions

• Strong people management skills, including the ability to resolve people issues and motivate the team to deliver

• Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.

•Ability to structure, manage and coordinate complex cross enterprise projects and processes with multiple partners

• Individual should have the resilience to handle internal pressures and conflicts in dealing with multiple stakeholders.

Desired skills

• Alteryx / Tableau knowledge would be an added advantage

• Effective communication skills with English proficiency

• Demonstrated ability to work in a high pressure environment

• Strong interpersonal and leadership skills to influence and build credibility as a ‘peer’ with Global functions and Regions

Work Timings*

10:00 AM IST to 23:00 PM IST (9 hours between this window)

*

• The Securities Exchange Act of 1934 which requires Merrill Lynch to verify client profile information when a new account is opened or if there is any account’s investment objective change or periodically, must occur at least once every 36 months. CM&PD team review the images of scanned Client Data Validation letters returned by the client and identify which data attributes need to be updated based on the returned form, and make the respective updates in Client Profile/Client 360. Team also review the deceased status of the client and report out if find any discrepancy and makes reports available to different stake holders for further processing. Team Link the customer’s Bank of America relationship on the ML platform that enables the Financial Advisors to review the entire client relationship. Another function that team has to update the four core data attributes (Name, Address, DOB and TIN) from 20-90 days ageing of cases. The core data updates or change will either be accepted or rejected by the team to update the client’s profile with the most recent changes. Team also manage the work of Consolidated Audit Trail Phase 2e, this is the process to manage and remediate client data as per the FINRA requirements as a part of adopted Rule 613 on July 11, 2012.

*

• Responsible for the review and update the client’s information in the client’s profile.
• Identify and track on Large Trader who could possibly influence the market.
• SEC needs data of Large Trader hence, GBS team review and send alert to branch office to take action to add the Large Trade Identification from the client.
• Team also Delink the Bank Accounts from the Brokerage profiles.
• Responsible to interact with LOB and Branch Offices via email and over calls.
• Provide a high level of quality service, support, and responsiveness to clients of Merrill Lynch, internal clients, and communicate effectively with branch & LOB.
• Prepare Deceased Customer reports for different stakeholder
• Team also manage the work of Consolidated Audit Trail Phase 2e, this is the process to manage and remediate client data as per the FINRA requirements as a part of adopted Rule 613 on July 11, 2012.

*

• Responsible to meet SLA and take ownership to complete the task.
• Interact with LOB and Branch Offices via email and over call.
• Keep focus on accuracy and deliver error free work

*

• Education * Any Graduate
• Certifications If Any NA
• Experience Range * 2-4 Year
• Foundational skills * Knowledge of Wealth Management and Investment Products , Merrill Lynch Products, Good Communication skills, Basic MS Excel Skills; Work under pressure,

*NA

*
10:30 to 22:30 Window (subject to change as per business requirement)

Fixed Saturday and Sunday Off

*