01 Aug
|
Bank Of America
|
Gurugram
01 Aug
Bank Of America
Gurugram
Assistant Manager Gurugram, India **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/GURUGRAM-HARYANA/Assistant-Manager_26022750) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/GURUGRAM-HARYANA/Assistant-Manager_26022750) Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/GURUGRAM-HARYANA/Assistant-Manager_26022750) **Bank of America employees are required to meet all** **posting eligibility requirements** **prior to applying for any new position.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/GURUGRAM-HARYANA/Assistant-Manager_26022750) **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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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*** The team works closely with Quant, Technology and Risk teams to deliver regulatory programs such as FRTB, Full Reval VaR and other risk reporting initiatives. The team's main responsibility is to design, deliver and maintain data testing frameworks to provide independent assurance over the appropriateness and quality of risk calculations produced by Front Office Technology teams. **Job Description*** This role offers exposure to all asset classes (Rates, Commodity, Credit, FX and Equity) and requires strong programming abilities, especially in Python, to develop solutions on the Bank's strategic platform, Quartz. + Engaging with program stakeholders to ensure scope and requirements are well defined + Understand change requirements and set up tests to examine quality of valuations and scenarios generated by risk technology + Produce DQ status updates for senior management and provide actionable inputs to Quants and technology for improvement of data quality **Responsibilities*** + Understand calculation requirements and implement robust testing frameworks to assess the completeness and reasonableness of base PVs, risk sensitivities, scenarios, VaR and expected shortfall calculations. This includes designing and implementing tests, consolidating results, and analysing calculations to understand key drivers + Execute scheduled and ad hoc tests on large datasets including PVs and risk calculations + Raise and investigate data issues and model anomalies + Collaborate with the Quantitative, Technology and Risk teams on issue resolution and improvement of risk calculation inputs (including market data and models) + Enhance data accessibility and traceability through improved documentation and data lineage + Develop high-performance codebase to enable scaling and the generation of timely, frequent/daily test results **Requirements*** **Education** :- Bachelor's degree in a quantitative subject (Engineering, Mathematics, Computer Sc, etc.) Postgraduate/Masters in Finance, Mathematics or any other quantitative area **Experience Range*** 3 - 5 Years **Foundational Skills** + Strong communication skills + Team player, self-starter + Analytical and problem-solving skills, experience performing data analyses **Desired skills** + Ability to manage multiple concurrent workstreams, rapidly assimilate new concepts, and adapt to evolving business priorities and timelines + Optional: Risk/Capital Markets knowledge is desirable but not strictly necessary, provided there is a willingness to learn + Ability to identify and escalate risks,
suggesting solutions and implement process improvements + Experience in software development, data engineering and/or automation within financial markets **Work Timings* -** 12:30 PM - 9:30 PM **Job Location*** Gurugram Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. View your **"Know your Rights (https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf) "** poster. **View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .** Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy ("Policy") establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a protected work environment. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
📌 Assistant Manager (Gurugram)
🏢 Bank Of America
📍 Gurugram