דרושים Tech Manager - Apps Prog ב-Bank Of America ב-India, Hyderabad

Process Overview*

Global Markets Business Finance & Control (BF&C) is a division of Global Banking & Markets (GBAM) Finance responsible for the production and independent validation of Global Markets' profit and loss and balance sheet. The team is also responsible for running valuation controls to ensure fair value of balance sheet in accordance with internal valuation methodology and regulatory requirements. This includes independent price verification of both vanilla securities/derivatives and complex/illiquid assets such as exotic derivatives and distressed assets. Additionally, the team also calculates relevant valuation adjustments including adjustments for illiquidity, concentration, model limitations etc. as applicable. The team is also responsible for calculating and reporting prudential valuation adjustments on a quarterly basis.

Responsibilities*

• Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for Fair Value Hierarchy levelling.
• Working with the Global Valuation Group to ensure ongoing review & enhancement of valuation control methodologies and practices.
• Ensuring procedure documents are accurate and up to date.
• Assisting in the streamlining and enhancement valuation processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.
• Engaging with the key stakeholders including Front Line Units.
• A strong understanding of valuation controls, regulatory rules and governance including Independent Price Verification, Valuation Adjustments and Prudential Valuation.

Requirements*

Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Valuation 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.
• Ability to use Access or VBA would enhance the candidate’s attractiveness significantly.

Experience Range*

7+ years of experience in Global Markets Valuation Control role

Foundational skills*

• Alteryx / Tableau / Python knowledge would be an added advantage.

• Have the awareness to escalate potential issues to their supervisor in a timely manner.

• Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels.

• Must be proactive and be a highly motivated self-starter.

Desired skills

• 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*

12 PM to 9 PM IST (EMEA Shift)

Job Description*

Primary products covered will include: TRS swaps (single stock and index), SBL, financing products, options.

Responsibilities*

• Ownership of the Team’s daily & Monthly processes

• Production and reporting of daily P&L to Front Office & Senior Management.

• Reconcile actual P&L with trader estimates and provide flash/actual variance analysis.

• Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis.

• 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

• 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.

• Ensure validity of allocated/attributed balances as well as internal funding charge

• Determining and implementing appropriate accounting policies and procedures with Accounting Policy

• Managing key legal entity, regulatory and PL issues with the business

• Month end Close, including financial disclosures, calculation / recording accounting classification entries

• 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*

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

Certifications If Any NA

Experience Range*

5 - 7 Years of Industry, Finance or Product Control, Valuation control or market risk experience (esp. experience in delta-one business / equity swaps)

Foundational skills*

• Strong working knowledge of Equity TRS swaps and Delta one products and their associated risks and payoffs

• A good leader with efficient people management 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, Workvia) 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*

7:30 AM to 5:30 PM

Job Description

Responsibilities:

The KRAs of the resource will be as follows:

• As a part of the team, analyze SPI process information on ARIS/POP to help streamline, automate and implement solutions to drive process efficiency and controls across MTM
• Work with a variety of stakeholders and gather information
• Translate discussion and guidance into process flows and process documentation
• Leverage Artificial Intelligence, for Process Data insights
• Develop data reference models along with conceptual, logical, and physical data models
• Perform intake management and report out with respect to people and process performance.
• Experience with taxonomy, terms and definitions, and controlled vocabularies.

Requirements

• Education: Bachelors or Masters Degree
• Exp Range: 10 – 12 year

Foundational skills:

• Expertise in Business Process Management (BPM) methodologies, techniques, and methods, including process mapping/modeling, including knowledge of Enterprise Process Management Tools – ARIS, Process Owner Portal, SDAR, ERD
• Familiar with transformative models, NLP, python, etc.
• Experience with data modeling tools.
• Good stakeholder management skills - Must be a team player and able to work with and through others.
• Exceptional communication skills - both written and verbal

Desired Skills:

• Analytical and abstract reasoning skills, as well as problem solving abilities.
• Inclination towards Continuous Improvement practices
• Training & Coaching skills preferred.

: 11:30 am to 8:30 pm

Job Description*

(Provide a high-level overview of the role and scope of responsibilities)

Primary products covered will include Fixed Income, Money markets, interest rate derivatives, FX derivatives.

Responsibilities*

• Perform Production and Reporting of daily P&L and balance sheet to Front Office & Senior Management.
• Perform 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
• 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
• 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
• Build a culture and process to identify, mitigate, and control operational risk.

Job Title*

Senior Manager

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*

5 to 7 years with at least 4+ years’ experience in Global Markets

Foundational skills*

• Should have good understanding of financial markets, Derivatives & structured notes-their hedging, funding, credit risk etc.
• 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*

12:30 PM IST to 9:30 PM IST

Job Location*

Hyderabad/ Gurugram

Process Overview*

Global Information Security (GIS) – CST-IAAT ( Identity, Authentication & Access Technology) which provides deep engineering skills in Identity, Data model, storage, retrieval, and manipulation in technologies in Cybersecurity. Quite interesting work backlog with innovative technologies for Cyber Security to safeguard bank from Cyber Threat actors and ensure applications are Information & Cyber Secure.

Job Description*

We are a tight-knit, supportive community focused on delivering the best experience for our customers while remaining sensitive to their unique needs. In this role, you will be using the experience you have gained throughout your career to provide firsthand operational deployment and support for commercial and custom software applications. While working within Microsoft and Linux environments, you will be an Technology Lead responsible for researching, designing, engineering, implementing, and supporting information security technologies.

Responsibilities*

• This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
• Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.
• Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.
• Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the “why” and connects contributions to business results.
• Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.
• People Manager & Coach: Knows and develops team members through coaching and feedback.
• Financial Steward: Manages expenses and demonstrates an owner’s mindset.
• Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.
• Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.

Requirements*

Education*B.E. / B Tech / M.E. / M Tech / M.C.A

Certifications If Any*: Java/J2EE, React, Database PL/SQL

12+ years

Foundational Skills*

• In-depth knowledge of the various phases of the Systems Development Life Cycle

• 12+ years of Java/J2EE, React ( or equivalent) – FullStack hands-on team leadership experience with a strategic mindset with Agile/Scrum methodology based team
• Solutioning and strong hands on development in FullStack using Java/J2EE, React(or equivalent), PL/SQL, Messaging ( Kafka preferably).
• Worked in Enterprise level architecture or solution based development
• Architectural design or Design thinking
• MBA or equivalent from reputed institute
• Stakeholder management of primarily US based leadership and teams
• Proficient in Windows and Linux access systems
• Knowledge of database systems (MySQL or any RDBMS)
• Systems Engineering and Deployment experience
• Knowledge of policy-based and risk adaptive access controls
• Must be able to identify, analyze and address problems to resolve issues whenever possible in way that minimizes negative impact and risk to the organization
• Ability to work independently on initiatives with little oversight
• Motivated and willing to learn
• A broad knowledge of information security principles
• Identity, Access, Authorization knowledge
• Strong analytical skills/problem solving/conceptual thinking

Desired skills*

• Must be comfortable in delivering messages across a wide spectrum of individuals having varying degrees of technical understanding
• Comfortable with CI / CD process & tools associated with it – e.g., Ansible, Jenkins, JIRA, etc

Work Timings*11:30 AM to 8.30 PM IST

Hyderabad, Chennai

Process Overview

The Global Markets NFRR is responsible for the preparation and submission of the NFRR reports on periodic basis and share with the Line of business. Key activities include - Generating the report from the GRRS application- Performing and Analyzing data quality checks- Investigate data issues found- Perform manual adjustments if any- Get signoff from relevant stake holders on the report generated- Archival of Submission and Supporting Documentation. Team also partners and support few other functions like Transformation, continuous improvement and Production Monitoring as horizontals.

Responsibilities

The responsibilities of the incumbent would be to support the onboarding and report generation of the report in target state

• Understanding the regulation. Review of the data dictionary and DSL created for completeness to ensure completeness of all operational and reporting requirements
• Responsible for the identification, tracking, and remediation of data issues and control enhancements that impact the respective reports.

• Design, execute and monitor data quality checks that impact associated reports
• Liaise with technology to build these checks in the system
• Investigate and remediate issues related to non-compliance of report before submission, with the help of report owner and technology teams
• Once the report is in production, on a periodic basis perform all the below steps
  • Generating the report from the target application
  • Performing and Analyzing data quality checks
  • Investigate data issues found
  • Perform manual adjustments if any
  • Get signoff from relevant stake holders on the report generated
  • Archival of Submission and Supporting Documentation

Requirements

Education: CA, MBA

Certifications If any : NA

Experience Range - 8 to 10 yrs

Foundational skills:

• Strong analytical and fact-based decision making Ability to meaningfully Analyze and report complex data for enterprise and reporting
• Experience in Auditing or Regulatory Reporting
• Good Knowledge on Global Markets and different traded products or knowledgeable of consumer products and processes within the bank
• Strong knowledge of data flow and connection points to determine the appropriate execution of controls
• Strong understanding of data controls and the reporting risks that can occur
• Communication and Interpersonal Skills: Ability to effectively communicate to Executive Leadership and others levels within the Bank
• Stake holder management (internal & external) across regions / functions / lines of business
• Sound knowledge of Microsoft Office applications – PowerPoint, Excel and Word and ability to work on these without any support

Desired Skills: Flexible

12.30PM -9.30pm

Job Description*

Primary products covered will include Repo, Bonds, Futures, Swaps

Responsibilities*

Production and reporting of daily P&L to Front Office & Senior Management

• Reconcile actual P&L with trader estimates and provide flash/actual variance analysis
• Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis
• Front-to-Back analysis & reconciliations of front office PnL 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
• Would be typical own set of books / cost center and Business Units
• 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

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*

5 to 7 years with at least 4+ years’ experience in Global Markets Product Control role

Foundational skills*

• Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.

• The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner
• Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels
• Must be proactive and be a highly motivated self-starter. Reactive and/or passive individuals need not apply

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*

13:30 IST to 22:30 IST

Job Location*

Hyderabad/ Gurugram