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. 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.
Job Description*
Role: Team Developer (IC)
This is a great opportunity for someone looking to gain experience in the world of securities. The associate will be part of the Securities settlements team working in a fast paced and time sensitive environment.
APAC 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 APAC Markets, DOMESTIC & markets. The qualifying associates will work within one of the APAC 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 banks reputation including settlement risk. Sense of urgency and attention to detail are pivotal competencies required to perform the functions.
Responsibilities*
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.
Requirements*
ducation: Graduate/Post Graduate
Certifications If Any:
Experience Range: 4-7yrs
Mandatory 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: Flexible
Work Timings: 9:00 AM SGT 15:45 PM SGT
Job Location: GURUGRAM
Salary:Not Disclosed by Recruiter
Industry:Banking / Financial Services / Broking
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Finance/Audit
Role:Finance Executive
Employment Type:Permanent Job, Full Time
Functional Area:Accounts , Finance , Tax , Company Secretary , Audit
Role Category:Finance/Audit
Role:Finance Executive
Employment Type:Permanent Job, Full Time
Keyskills
trade settlements
Desired Candidate Profile
Please refer to the Job description above
Company Profile:
BA Continuum India Pvt. Ltd
At BA Continuum, employees are part of a diverse, global banking environment with best-in-class people, processes and practices. We belong to a globally admired brand which is one of the largest financial institutions in the world. We are responsible for core banking functions and consistently learn, contribute and grow.
We call our commitment to employees: G.R.O.W. which stands for Growth, Rewards and Opportunities in a World-class work environment.
This includes:
•world-class and diverse global banking environment
•exposure to core banking operations
•continuous learning environment
•compensation competitive with industry standards
•recognition for outstanding achievement
•career growth based on performance and potential
We call our commitment to employees: G.R.O.W. which stands for Growth, Rewards and Opportunities in a World-class work environment.
This includes:
•world-class and diverse global banking environment
•exposure to core banking operations
•continuous learning environment
•compensation competitive with industry standards
•recognition for outstanding achievement
•career growth based on performance and potential
Recruiter Name:Mr. Sumit
Contact Company:BA Continuum India Pvt Ltd
Email Address:
Contact Company:BA Continuum India Pvt Ltd
Email Address:
Bank of America is hiring Graduates and Post Graduates with experience
Reviewed by Author
on
February 19, 2018
Rating: