Bank Of America Team Leader 

India, Gujarat, Gandhinagar 

456733008

Process Overview*

Global Banking & Markets Operations (GBAM Ops)supports both the Global Banking & Global Markets Operations

• Global Banking Operations delivers end-to-end services and operations, and comprehensive financial services solutions. This includes credit, depository, treasury and trade delivery and support. There are 3 major groups within the global banking operations

• Global Markets Operations delivers end-to-end support for Global Markets sales, trading and underwriting businesses, and certain shared services across securities, derivatives, foreign exchange, futures, options and commodities products for Corporate Treasury, Corporate Investment Portfolio and GWIM.

Global Markets Shared Operation (GMSO) & Global Banking & Markets Operations Transformation & and Change

• (GBAM Ops Change) Global Markets Shared Operations (GMSO) Group is responsible for all operations and services common in both the Equities and Fixed Income, Currencies, Commodities (FICC) post-trade operations platform.

• Global Transformation & Change is responsible for managing strategic initiatives, centralized business performance management functions, and for providing oversight for all large-scale transformation projects, Simplify and Improve efforts and the global change portfolio for GBAM Operations and regional T&O

Job Description*

The core functions for EAC are:

• Centralized management of Risk, Issue & Audit activities for Programs and Projects
• Ensuring compliance to Enterprise Change Standards and GT&O Risk deliverables and programs
• Ensuring effective governance and appropriate decision-making channels for risk and issue processes
• Provide relevant and timely updates and communications to key stakeholders
• Contribute with automation/efficiency opportunities(Excel, VB, Access, Sharepoint)

Responsibilities*

As a member of Transformation and Change Management team within Global Markets Initiatives, responsibilities will include the following:

• Candidate will have to liaise with relevant stakeholders (like Technology, Business & Operations etc.) to analyze the key Business/Regulatory requirements and incorporate them in the End to End Project/ UAT plan
• He/she should be able to manage or assure any risks, assumptions, issues and dependencies that can impact the Go-live
• Candidate will have the opportunity to plan & manage end to end project/ UAT on behalf Operations for medium to large sized projects
• Will be expected to create UAT plan, define test approach, co-ordinate environment readiness discussions with technology teams, drive defect management and UAT governance routines
• Manage and execute deliverables specific to the region as well as Global deliverables, with reporting both locally and into the Global Program.
• Communication skills will be heavily utilized in forming and communicating a change agenda and gaining stakeholder buy-in
• Help with ensuring Global Change Standards, Enterprise Procedures are followed for the project and that documentation meets Enterprise and line of business requirements.
• Help with managing project scope, timeline, and budget.
• Help with managing production of meeting decks and tracking meeting minutes and actions
• Help with managing RAID logs and follow up on open issues
• Ability to run testing calls, pick up issues and manage status reporting around defects.
• Experience of producing test metrics/MI for senior management

• Co-coordinating activities across the project team in ensuring adoption & adherence to the Enterprise Change Standards
• Key Project/ Program Risk Identification and Reporting of risks to senior leadership
• Track all IT deployments pertaining to assigned projects and ensure the documentation submitted by IT/PMs are in line with change standards
• Work closely with project/change managers to remediate identified issues in project documentation
• Establish overall norms and standards for Risk Governance; train and advise teams as needed
• Contribute with automation/efficiency opportunities(Excel, VB, Access, Sharepoint)
• Work on process related PMO/MIS deliverables
• Participating in the continuous improvement of processes and quality standards

Post-graduate preferred

Experience Range*

2-5 years

Foundational Skills*

• Experience of using appropriate tools and techniques to ensure efficient and effective project status reporting and updates.
• Experience of investment banking and some of the products and processes within Global Banking and Markets (FICC, Equities etc.)
• Experience of using appropriate tools like JIRA/ SharePoint to ensure efficient project status reporting and updates.
• Ability to engage with key project resources and ensure project artefacts are updated
• Strong end to end project/UAT management skills, including the ability to prioritize work and meet deadlines and work in a highly matrixed organization
• Good understanding of financial products.
• Preference to candidate having prior experience in handling initiatives within regulatory/ operations /global markets
• Deep understanding of the SDLC framework and the various testing cycles
• Acumen to decipher Regulatory, Legal and Compliance documents and prepare BRD, FRD and other business & techno-functional documents
• Ability to understand and drive Front-to-Back Workflow and articulate and understand full product/trade life-cycle in Global Markets.
• Project lifecycle management/tracking and RAID reporting
• Excellent verbal and written communication/presentation skills

Desired Skills*

• Negotiation Skills: - Ability to negotiate with ground level folks and with Line managers (Senior & Junior)
• Familiarity with Bank specific deliverables like JIRA, MS Excel, VB, Access, Sharepoint and other MIS/Automation tools
• Experience of the products and processes within Global Banking and Markets (FICC, Equities, Derivatives, FX & Vanilla products, Asset services etc.) in a Global Bank or a consulting firm

Work Timings*

EMEA Time Zone (12:30 to 9:30 PM IST)