Bank Of America Sr Operations Manager - Regulated 

India, Maharashtra, Mumbai 

496481488

Responsibilities*

• Function as a Product Oriented Delivery (POD) Leader for the GMC workstream in GBS
• Provide support for credit underwriting of Funds portfolio (covering both Hedge Funds (HF) and regulated funds).
• Anchor new migrations pertaining to Portfolio Management/ Underwriting related work from the regional GMC teams
• Create and maintain the Standard Operating Procedures and impart trainings to the team
• Lead the team to partner with Sr. Credit Officers in analyzing and completing the due diligence on a Global portfolio of Regulated & Hedge Funds
• Prepare comprehensive Client Analysis documents through a detailed application/understanding of Investment strategies, Liquidity, Leverage, and Volatility
• Perform qualitative and quantitative credit assessment of clients and their trading exposure including stress and sensitivity analysis
• Propose risk-based limits based on assigned internal counter- party rating
• Remediate any NAV trigger breaches resulting from data quality or other issues, which may require a revised NAV or performance data to be input
• Identify and escalate limit overages, manage NAV trigger breaches, ad-hoc report management and escalating any counterparties/issues of concern as necessary
• Investigate and respond to queries from Credit Officers and other Business Partners
• Partner with the LOB on a range of activities starting from Onboarding to Underwriting and Ongoing Risk Management of high revenue generating Regulated Fund clients
• Report and resolve Data Quality issues
• Produce regular and ad hoc MIS reports

*

• Education * MBA degree/PGDBM from reputed institutes
• Chartered Accountants (CA) can also apply
• Candidates with Professional Certifications like CFA will have an edge
• Experience Range * 10 + years of experience as a team lead

Foundational skills:

• Institutional Banking or Credit Rating Agency Experience with front -to-back Credit Risk knowledge in Regulated or Hedge Fund Domains
• Strong organizational, oral, and written communication skills, with ability to communicate effectively with all levels of risk, support, and business partners
• Candidate should exhibit strong personal drive, individual initiative, a sense of urgency, and responsiveness, with a desire to grow, learn, and take on increasing levels of responsibility
• Excellent team – orientation & strong work ethic
• Excellent communication skills and flexibility to work in different shifts to manage surge in deal flows

Desired Skills

• Good understanding of Global Markets and Derivative Products/Documentation
• Ability to quickly absorb and follow Credit Policies & Procedures

*9:30 AM to 6:30 PM & 12:30 PM to 9:30 PM – Shift timings are subjective to change depending upon the business requirements. Associates should be flexible enough to work in the revised shifts. The Process does not have any Night Shifts

*