Bank Of America Team Leader 

India, Telangana, Hyderabad 

463862938

Job Description:

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EMEA Settlements Teams are responsible for Pre-matching, Matching, Narrations and timely Settlement of trades - Value Date & Failing trades, Stock Loan Reconciliation, Depot Management functions across CREST, DOMESTIC & EUROCLEAR markets. The qualifying associates will work within one of the EMEA Settlements Teams and should possess the knowledge and skill sets required to work at a high level of competence within agreed protocols and with clearly defined lines of accountability for the assigned work.

Although working individually, the success is measured at a team level, with internal targets and results being measured against the Line of Business external peer group on a regular basis. The level error free settlements, adhering to the regulators requirements Segregation Violations, Fines) and our success in the market versus our peer group is a key barometer in measuring the control of risk around the process.

The key to success is to ensure we settle all equity trades within tight deadlines as prescribed by the SLA. In a deadline driven environment, turnaround, accuracy and escalation are of high importance as we are at risk to market movements, traders P & L, client relationship, and the bank’s reputation including settlement risk. Sense of urgency and attention to detail are pivotal competencies required to perform the functions.

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• Good understanding of Global Capital Markets
• Ability to maintain good connect with LOB partners and able to handle Issues and Escalations independently
• To contribute towards consistent delivery on Business metrics along with other new responsibilities and setting higher standards of self and Team performance
• Excellent Client Relationship and communication skills
• Build productive teams that works effectively together to achieve or exceed set operational targets & client Service Level Agreements (SLA's).
• To create improvements in business processes by contributing ideas and implementing agreed changes into the team's day-to-day operations
• To perform all tasks following company policy and procedures, including legal & regulatory requirements, and to prescribed company standards
• Act as a process SME
• To provide coaching & support to individuals to develop their skills, acting as a role model for excellent behavior and performance
• Liaise with LOB effectively to manage the service delivery in line with the SLA and ADHOC situations
• Experience in handling the monthly deliverables like Dashboards/Risk Matrix etc.
• Reduce failing trades and increase settlement efficiency
• Will be part of BAU apart from strategic and efficiency initiatives
• To be flexible in their attitude and approach, and be willing to work extra hours during the week with overflow of volume and to provide cover for holidays planned and unplanned.

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• Education : Graduate/Post Graduate
• Certifications If Any:
• Experience Range : 5-7yrs
• Foundational skills :

• Excellent organizational skills are required with the ability to prioritize daily workload, work accurately and efficiently under pressure.

• To be able to communicate effectively

• Desired skills : Advance excel, VBA, Selenium

8:00 AM GMT – 17:00 PM GMT