Sr Analyst - Apps Prog
Bank of America Corporation
Mumbai, IN
3d ago

Job Description : Overview :

Overview :

Bank of America is one of the world’s leading 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.

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.

We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.

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 individuals, businesses and institutional investors we serve worldwide.

  • BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.
  • Process Overview :

    Equity Linked Technology (ELT) supports the Global Equity Linked Products business within BAML’s Global Markets and Investment Banking group.

    At its core it is a diverse, globally distributed risk management and trading platform that addresses derivatives business needs across Americas, Europe and Asia-

    Pacific. The team provides innovative solutions to speed equity derivatives trading, facilitate sales, assess risk and P&L, in a supportable, scalable and efficient manner to drive competitive differentiation while managing risk.

    The ELT Development Group is responsible for the design, development and maintenance of a comprehensive application suite, to facilitate business needs including, but not limited to, the below functionalities :

  • Product Creation & Trade Booking (Vanilla and Exotic Products)
  • Pricing using Derivatives Analytics library
  • On-demand / End of Day Risk Computations
  • Scenario Valuations for Risk Reporting
  • P&L calculations
  • Job Description :

    The job requires working on Risk Engine Development for Pricing, Risk Management and PnL valuations of Equity Linked Products.

    The role entails one to work closely with Business Users, Analytics and various Technology teams to develop correct and optimal solutions for one or more applications within the ELT space.

    The work involves both developing applications from scratch as well as making enhancements to existing ones. It requires the ideal candidate to be passionate about and hands-

    on with technology. It will involve active participations in the system design, architecture along with its implementation, testing and deployment.

    Responsibilities :

    The acumen would be working on the development of front office applications using cutting edge technology. The candidate would eventually be interacting with Traders / Quants / Risk Managers and other technology teams on a regular basis.

    Requirements :

    Education : B.E. / B.Tech / M.S. / M.Tech with good academic scores from top-tier colleges / universities.

    Experience Range : 6-9 yrs

    Mandatory skills :

  • 6-9 years of hands-on experience in developing applications using Java. Willingness / flexibility to work on other technologies including, but not limited to, Python.
  • Good analytical skills, enthusiastic, interest in programming / ability to grasp investment banking concepts.
  • Desired skills :

  • Experience on Python
  • Good understanding of programming concepts and hands-on experience in OO programming / data structures / common algorithms / design patterns / database.
  • Work Timings - 10 : 30 AM 7 : 30 PM

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