Officer, Markets Support Analyst

3 weeks ago


Bandra Maharashtra, India Bank of America Full time

At Bank of America we are guided by a common purpose to help make financial lives better through the power of every connection We do this by driving Responsible Growth and delivering for our clients teammates communities and shareholders every day Being a Great Place to Work is core to how we drive Responsible Growth This includes our commitment to being an inclusive workplace attracting and developing exceptional talent supporting our teammates physical emotional and financial wellness recognizing and rewarding performance and how we make an impact in the communities we serve Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations At Bank of America you can build a successful career with opportunities to learn grow and make an impact Join us This is an Officer level position within India Global Markets Operations The role will assist in performing routine processing functions under close supervision Decisions have minimal impact on internal and external customer relationships The role involves post execution trade processing which includes validating affirming sending confirmations to counterparties entering settlements as a Maker process Fees and Billing Processing of trades have to comply with DTPs Ensure compliance with local and global regulatory requirements Involves Engage with different stakeholders including Business Compliance Finance and Technology for resolving any issues Responsibilities Trade Validation of FX deals in GBS Perform Manager level role in Cash Manager Maintain Due diligence at the time of processing settlement of the trades Maker role for some of the desk activities Engage with Stakeholders including Business Compliance Finance Technology for constructively resolving any queries Participate in various process improvement initiatives projects as required Preparation of daily weekly Monthly MIS reports Providing Audit Data to Concurrent Auditors - Passing of Manual entries in GBS - Monitoring of Alleged and Pending queue in IRIS CCIL Owned application Monitoring of any New amend Standard Settlement Instructions received from Clients Requirements xe2x88x99 Previous experience of processing within FX Derivatives and Collateral Operations xe2x88x99 Client focused Client facing experience or ability to conduct discussions with Clients in a clear and concise manner xe2x88x99 Excellent communications skills xe2x88x99 Ability to work under pressure and adhere to stiff deadlines xe2x88x99 Ability to liaise with all levels of the firm and people with different experiences and backgrounds xe2x88x99 Self-motivated and able to work unsupervised Candidate will be able to manage own time and know when to escalate xe2x88x99 Knowledge of Regulations and Ability to Identify and Mitigate Operational Risk xe2x88x99 Strong understanding of the accounting principles xe2x88x99 Good knowledge of Microsoft Excel Other Qualifications xe2x88x99 Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions xe2x88x99 Excels in working among diverse viewpoints to determine the best path forward xe2x88x99 Experience in connecting with a diverse set of clients to understand future business needs is a continuous learner xe2x88x99 Commitment to challenging the status quo and promoting positive change xe2x88x99 Participate in and drive collaborative efforts to advance tools technology and ways of working to better serve an evolving client base xe2x88x99 Believes in value of diversity so we can reflect connect and meet the diverse needs of our clients and employees around the world



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