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Bank Of America Assistant Manager - R 
India, Telangana, Hyderabad 
984155632

Yesterday

Process Overview:

Global Markets delivers a wide range of securities products and services, powerful sales and trading capabilities and deep risk management expertise across asset classes. Closely aligned with GCIB's client-managed groups, Global Markets product specialists anticipate and meet the needs of more than 13,000 clients across 13 time zones and six continents.

Job Description :

This incumbent will be required to work out of BA Continuum India Ltd (A Non Banking Subsidiary of Bank of America) which has more than 15,000 employees working across offices in Gurgaon, Mumbai, Hyderabad and Chennai

Responsibilities:

As a member of Quartz Control team within Global Markets Initiatives, responsibilities will include the following:

  • Part of a team involved in the set up and scale up of various control reports aiding reconciliation between legacy systems and target strategic system
  • To perform day to day reconciliation and analyze breaks arisen from reconciliation reports to ensure proper controls are in place to reduce the risk
  • Partner closely with different Technology teams and other internal and external stakeholders to resolve the unexplained breaks and providing overview of Quartz Control system and its functionality
  • Candidate need to work through full project life-cycle from envisioning, defining business requirements, analysis, testing and implementation
  • Will be expected to translate business priorities and requirements into actionable, structured, project plans.
  • Communicate with stakeholders on daily basis, keep them abreast of status of the project and take appropriate actions based on their inputs
  • Provide initiatives and requirements for improving the reconciliations efficiency and reliability.
  • MIS reporting for senior management and relevant stakeholders
  • Help in process automation using available technology at hand- SQL/VBA/Python

Requirements

  • Education:
    • Post Graduate/ Master’s Degree in Accounting/Finance (preferable)
  • Certifications (If Any) : NA
  • Experience :
    • 5+ years performing business analysis/definition and support large projects and business change.
    • Familiarity with Investment Banking products and Banking Regulations, Front and Middle Office trade operations, end-to-end trade lifecycle.
    • Stake holder management (internal & external) across regions / functions / lines of business.

Foundational skills:

  • Good understanding of financial products, basic IT infrastructure and Middle Office / Back Office processes & procedures
  • Excellent verbal and written communication/presentation skills.

Desired Skills:

  • Strong project management skills, including the ability to prioritize work and meet deadlines and work in a highly matrixed organization.
  • Knowledge of programming skills like / Python/ SQL will be an added advantage.
  • Familiarity with Investment Banking products and Banking Regulations, Front and Middle Office trade operations, end-to-end trade lifecycle.

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