Team Developer
Bank of America Corporation
6d ago

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.

    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.

    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.

    Process Overview*

    Global Markets Operations &Middle Office provides operations support to the Global Markets Business of BOAML. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities.

    Key functions includes Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, Client & Product Data

    Job Description*

    Issuing Team Drafts confirmation of Derivative Trades Confirmation to BOA Counterparties. This is a part of the Global Middle Office and Market Operations division with BACI.

    This role is primarily responsible for issuing BOA confirmation for Over the Counter Derivative Trades (OTC Trade), ensuring adherence to process SLAs outlined by the Line of Business.

    Below are key responsibilities-


    Job Overview : Everyday Responsibilities

  • Ensure that the process transactions are processed as per procedures
  • Ensure that the quality of the draft confirmation is in compliance with predefined parameters
  • Identify potential areas for process improvements & highlight the same to the Managers
  • Provide the relevant process reports on a on a daily basis
  • Ensure adherence to established attendance schedules
  • Requirements*

  • Education B. Com / MBA (Finance)
  • Certifications If Any
  • Experience Range 4-6 years
  • Mandatory skills Hands on experience of Derivative Drafting, Understanding of Banking
  • Desired skills Good to Have Skills- Good understanding of Investment Banking and Derivative products in particular.
  • Work Timings*

    Shift Timings Night Shift (Rotational)

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