Job Description:
Overview * (Bank of America overview, BA Continuum India overview, Business Overview)
Bank of America is one of the world's largest 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.
BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.
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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 the individuals, businesses and institutional investors we serve worldwide.
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.
Process Overview
Global Markets Business Controls team is responsible for establishing data management strategy and data governance for Global Markets. The team works closely with other groups within Global Markets, other lines of business and Enterprise functions. The team drives strategic initiatives and projects in the areas of data management and governance.
Job Description
The candidate, as part of Global Markets Chief of Staff (CoS) Work Distribution Team within GBS India, will be supporting multiple aspects of Business Controls & Data Innovation Group and would be working alongside a global team of trade surveillance specialists, across all lines of business. The ideal candidate should have strong experience with development as well as maintenance of data analytics and automation initiatives. Candidate will be required to understand requirements, learn the process steps and to execute the process with high standards of excellence. Candidate will have to manage multiple scheduled and/or ad-hoc tasks and manage their time to ensure efficient delivery. The tasks may include data pre-processing, analysis, updation and presentation of outcomes in the form of tabular and visual reports.
Responsibilities
The Role demands for a qualified professional who can provide guidance to direct reports typically comprising of senior leaders.
- Assist in ensuring data from all Trading Venues/Platforms is sourced and utilized in trade surveillance program for monitoring and reporting.
- Review and maintain data repository to identify data gaps, improve data quality and create data visualizations to identify any trading patterns.
- Assist in the creation and maintenance of the trade surveillance inventory as per the regulatory requirements and internal policies for all products traded by the firm and offered to its clients.
- Help and support the effort to fine tune trade surveillances rules and programs both on parameters and logic to improve the quality of trade surveillance alerts triggered.
- Assist and support coordination with global technology and business teams to create and improve trade surveillance rules and programs as required.
- Will be expected to keep up to date with changes in financial regulations and understand their implications on trade surveillance practices.
- Excellent critical thinking and problem-solving skills. Must be able to understand a process from end-to-end, be able to identify weaknesses in the process and implement solutions.
- Assist in the preparation and presentation of reports on findings, highlighting potential risks or violations to senior management.
- Must be able to work with technical teams and translate technical concepts to business audiences.
- Work closely with internal stakeholders as required to implement and enforce policies and procedures related to trade surveillance.
- Will be expected to keep up to date with changes in financial regulations and understand their implications on trade surveillance practices.
- Work on automation initiatives to get efficiencies, standardize processes, and enhance sustainability.
- Drive operational excellence though process review, identifying bottlenecks and risks, mitigating, and drive in permanent solutions.
- The ability to create compelling presentations to convey complex findings or recommendations to stakeholders in a clear and understandable manner.
Requirements
- Advanced Excel skills, ability to handle complex formulas, high proficiency with macros using VBA.
- Clear understanding of financial domain (Trading). Understanding of orders and trades booking system, equities, and future exchanges.
- Good understanding of Fixed Incomes and FX venues, ability to differentiate between equity trading and fixed incomes.
- Good understanding of Global Markets. Understanding of equities, bonds, futures and how FX is traded.
- Technical expertise of SQL database.
- Clear understanding of automation and data analysis; understanding of Tableau, Alteryx and Python would be a huge advantage.
- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations.
- Flexibility to adapt to a variety of engagement types, working hours and work environments.
- Strong interpersonal skills, with the ability to work independently and within a team environment.
- Ability to manage time effectively, set priorities and meet deadlines.
- Excellent verbal communication and written skills.
- Being adaptable and open to change is key to staying effective in this role.
- Strong verbal and written communication skills to communicate complex findings or technical information to internal stakeholders and senior management.
Education
Graduates / Post-graduates with good track record/academic scores
Experience Range
4-6 years
Work Timings
11.00 AM to 10.00 PM (Weekends Off)
Job Location
MUM