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Bank Of America Technology Manager 
India, Maharashtra, Vasai-Virar 
81151263

19.07.2024

Job Description:

  • Overview (Bank overview, GBS India overview, Function Overview)*
  • Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
  • We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
  • We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.
  • Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for individuals, businesses and institutional investors we serve worldwide.
  • BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
  • Process Overview*
  • Prime Brokerage offers physical and synthetic financing solutions for clients who desire to gain market exposure and financing to securities in the Equity, Fixed Income and FX marketplaces. BAML’s offering spans multiple areas within GBAM each of which provide specific offerings to our clients
  • Core prime services include transaction processing, canned and ad-hoc reporting, different calculators to calculate chargebacks, margins and financing and custody services
  • Job Description*
  • (Provide a high level overview of the role and scope of responsibilities)
  • The job requires leading, developing and enhancing the Global equity swaps platforms. Equity Swap, is a suite of applications that support the Delta 1 trading desk. One of the primary components of the technology suite is the global equity swap management tool. Features include Trade Capture and Amendments, Corporate Action and Trade Event Lifecycle Management, Posting of Cash Dividends and Adjustments, Stock Loan Desk Integration, Pricing, PnL, Client Position and Trade Reporting, Trade Grouping and Pair-Off Processing Support for Client Strategies.
  • The individual should be self-motivated, creative and proactive, to work successfully in a fast-paced environment including multiple platforms and applications and diverse technologies. The individual will manage a team of developers, BA & other team members throughout the SDLC, executing test iterations, tracking / reporting results, troubleshooting and coordinating defect resolution. The individual should have a strong understanding of SDLC processes (Agile methodology) and the QA lifecycle to support business deliveries.
  • The work involves both, developing and enhancing the platform and optimized performance catering to overgrowing volumes. It requires the ideal candidate to be passionate about and hands-on with technology Like Scala, be a systematic, logical problem-solver and creative to produce efficient business solutions. It will involve active participation in the system design and architecture along with its implementation, testing and deployment. The ideal candidate would be a fast learner of the business area, someone with good programming acumen, and seasoned enough to work on the projects with minimal hand holding.
  • Responsibilities*
  • Possess a high level of analytical and problem-solving skills.
  • Interact with Business Partners and come up with solutions.
  • Understand business priorities and strategize with onshore managers on future work possibilities and growth path.
  • Participate and provide suggestions in global technical design discussions.
  • Manage team of seasoned developers, QA testers and Business analyst
  • Responsible for functional delivery of assigned applications.
  • Designs, develops, enhance, debugs, supports, maintain and tests software applications that support business units or supporting functions.
  • Be a seasoned and proficient technical resource.
  • Flexibility in adapting to team requirements.
  • Ensuring adherence to development standards, best practices
  • Ensuring high quality levels in all deliverables
  • Participate and contribute to Team/Project Reviews
  • Learn new technologies when directed as future development may involve diverse development platforms, software, hardware, technologies, and tools.
  • Work in a fast-paced agile environment, under minimal supervision, with guidance from senior team members
  • Effectively convey message in both written and verbal development discussions
  • Adhere to team’s governing principles and policies.
  • Participate in mandatory training and cross functions across team.
  • Demonstrate enthusiasm and zeal to acquire domain knowledge.
  • Requirements*
  • ***Please do not fill anything in this cell***
  • Job Title*

Technology Manager – R

  • Education*
  • B.E./B.Tech/M.S./M.Tech with good academic scores from top-tier colleges/universities
  • Certifications If Any
  • Experience Range*
  • 15-20 years of experience in Java, Scala specifically on memory management/optimization. Handson Shell/Python/ETL exp.
  • Foundational skills*
  • Manage team of seasoned Scala and java developers.
  • Provide technical guidance to the team
  • Scala with strong functional programming skills
  • Working knowledge of data structures, multithreading, memory management, monad, functors, applicative, Cats library.
  • Knowledge of Scala Build Tool & Linux
  • Core Java / Scripting with strong programming skills
  • Exposure to application performance management/optimization
  • Hands on experience in writing Oracle PL/SQL queries and Stored Procedures
  • Desired skills
  • Hands on exp. on Python basic scripting.
  • Hands-on experience on Linux platform
  • Preferable hands-on experience with Devops tools like Containers, RAFT, Litmus
  • Knowledge of equities and/or prime brokerage / securities finance a plus

Work Timings*

11 AM - 8 PM

Job Location*

The below fields are for internal use only (Do not copy the below details on Workday)

List of Process / Business with best suited profile fitment for the role*

Within EQCCLT

Requisition ID*

To be filled by the TA Partner

Segment Type*

Venkatachalam, Ramakrishnan

GDL one Down*

Roy, Chetan

Prime Brokerage

GMT - PRIME SRVCS AND EQUITY DERIVATIVES TECH VTG