
[Apply in 3 Minutes] Manager
3 weeks ago
Job Description
Job Description:
About us*
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview*
Global Markets Business Finance & Control (BF&C) is a division of Global Banking & Markets (GBAM) Finance responsible for the production and independent validation of Global Markets profit and loss and balance sheet. In this regard, BF&C will ensure, inter alia, that accounting policies are correctly and consistently applied, and that trading portfolios are appropriately valued.
The team prepares and reports P&L and balance sheet to the business and ensures the accuracy and integrity of the general ledger. We are responsible for daily service delivery and ensuring effective controls, transparent management information and becoming a center of excellence delivering process simplification and efficiencies. We work closely with front office, middle office, traders and valuation control teams to drive the control agenda across the business
Job Description*
Global Markets Business Finance & Control (BF&C) seeks to provide a support service with particular focus on the relationship between trading risk positions and P&L components. We are looking to recruit an individual to work in the P&L production area covering the Global FX & LCT Trading desks. The candidate's main responsibility will be to produce and deliver the daily P&L to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, and Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job
Primary products covered will include Fixed Income, Money markets, FX, interest rate derivatives both plain vanilla and exotics.
Responsibilities*
Production and reporting of daily P&L to Front Office & Senior Management
- Reconcile actual P&L with trader estimates and provide flash/actual variance analysis
- Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis
- Front-to-Back analysis & reconciliations of front office PnL and balance sheet to firm sub-ledgers
- Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds
- Analyze traders risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves
- Would be typical own set of books / cost center and Business Units
- Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries
- Development & continuous improvement of existing processes & workflow
- Testing / UAT for systems work ranging from minor system releases to major system implementations
- Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk
Requirements*
Education*
Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products
Certifications If Any
- CFA / FRM certified candidates would be preferred
- Advanced education and/or enhanced technical qualifications are a plus
Experience Range*
4 to 8 years with at least 4+ years experience in Global Markets Product Control role
Foundational skills*
Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.
- The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner
- Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels
- Must be proactive and be a highly motivated self-starter. Reactive and/or passive individuals need not apply
Desired Skills
- Alteryx / Python / Tableau knowledge would be an added advantage
- Must be proactive and be a highly-motivated self-starter
- Effective communication skills with English proficiency
- Demonstrated ability to work in a high pressure environment
- Takes initiative and challenges existing processes and procedures in a proactive manner
- Strong team player
- Ability to analyze issues independently and derive solutions
- Analytical skills
- Inherent sense of principles of control through experience and sound judgment
- Reliability
Work Timings*
7 AM IST to 4 PM IST
Job Location*
Mumbai/Gurugram
-
[Apply in 3 Minutes] Assistant Manager
3 weeks ago
Gurugram, Gurugram, India International Travel House Limited Full timeJob Description Role Description As Credit Controller, you will be responsible for credit control function and providing support in controlling function. ( Only from Car Rental Industry ) - Monitor Accounts Receivables to ensure prompt payment from customers - Controlling the credit limit of the individual customer and branch to risky and/or potentially...
-
▷ [Apply in 3 Minutes] Product Manager
2 weeks ago
Gurugram, Gurugram, India airtel Full timeJob Description Purpose of the Job Product development and management, sales support and enablement of Network Managed Services (NMS) in Domestic and International markets with the objective of ensuring increase in product and service profitability, customer experience enhancement and market competitiveness; formulating product strategy & product roadmap...
-
▷ (Apply in 3 Minutes) Presales Consultant
4 days ago
Gurugram, Gurugram, India Unthinkable Solutions Full timeJob Description The Opportunity We're looking for a dynamic, results-driven Business Consultant to augment our Solution Consulting Team. As the driving force behind our RFQ (Request For Quotation) success and to showcase our strength as a potential technology partner, the individual will be responsible for engaging with clients to understand their...
-
Manager (Apply in 3 Minutes)
3 weeks ago
Gurugram, Gurugram, India ReNew Full timeJob Description Project related work, as follows: - PO Release and tracking for multiple Amendments in POs - Solutions of routine problems of SCM & Project Site - Project Cost and Margin Tracking - Billing, Payments, Open PO, GRN - Updation of project workings for Debt, Equity, LC, BG, Payments, Actual Cost incurred, IDC working, LE , PPA overview...
-
▷ Apply in 3 Minutes! Executive
3 weeks ago
Gurugram, India Vashi Integrated Solutions Full timeJob Description 2-3 Gurgaon Full-Time INR 250000 - 390000 (Annual) Overview Accounts Executive in the organisation will be handling Accounts related activities Reports to: Assistant Manager Accounts Qualification: Any graduate, 0-3 year of experience in Accounts Receivable Roles & Responsibilities - Basic accounting knowledge - Knowledge of Letter...
-
Onboarding Specialist
3 weeks ago
Gurugram, Gurugram, India Extuent Full timeJob Description ***Remote Opportunity*** Please apply for One way Video Interview at the below Link https://www.corporate.myintro.ai/jobs/hr-onboarding-specialist-95459 Job Summary: We are seeking an experienced HR Onboarding & Compliance Specialist to join our team in a remote capacity, working Eastern Standard Time (EST) hours. This role blends...
-
Apply in 3 Minutes: Export Manager
3 weeks ago
Gurugram, India Orbitouch Outsourcing Private Limited Full timeJob Description - Bringing new prospective clients, generating more sales/ business for the company. - Dealing with existing clients and managing their order on regular basis. - Cold calling, building relationship with clients for future orders. - Participating in international trade exhibition etc., - meeting new importers, distributors and traders across...
-
Project Manager
2 days ago
Gurugram, Gurugram, India Karix Full timeJob Description Role: Project Manager Scope of the Role: Coordination and completion of projects on time and within scope and oversee all aspects of project delivery. The project manager will be responsible to monitor and summarize progress of project, coordinate with internal teams for Project delivery and keep senior management updated regarding status of...
-
3D Visualizer
2 weeks ago
Gurugram, Gurugram, India Cvent Full timeJob Description Overview Cvent is a leading meetings, events and hospitality technology provider with more than 4,800 employees and nearly 22,000 customers worldwide. Founded in 1999, the company delivers a comprehensive event marketing and management platform for event professionals and offers software solutions to hotels, special event venues and...
-
Gurugram, Gurugram, India SGT UNIVERSITY Full timeJob Description SGT University, in its campus spread over 70 acres near Gurgaon, offers around 160+ programmes in Medical and Non-Medical domains. It nurtures more than ten thousand students . It is a part of a group spanning the fields of education and hospitality. The University employs close to three thousand people. The campus is located less than 5 km...