Manager (Madhapur)

Manager (Madhapur)

01 Aug
|
Bank Of America
|
Madhapur

01 Aug

Bank Of America

Madhapur

Manager Mumbai, India;Madhapur, Hyderabad **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba_continuum/job/Mumbai/Manager_26019555) **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/Mumbai/Manager_26019555) 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/Mumbai/Manager_26019555) **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/Mumbai/Manager_26019555) **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 Global Treasury Business Finance & Control (BF&C;) is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to Hedge Accounting, forecasting/stress testing, daily P&L; attribution, management reporting/analysis and funds transfer pricing. Treasury Finance (Product Control) is a division of Global Treasury responsible for the production and independent validation of Global Treasuries' profit and loss and balance sheet. In this regard, BF&C; will ensure, inter alia,



that accounting policies are correctly and consistently applied, and that portfolios are appropriately valued. **Job Description*** The Corporate Treasury Finance team is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to forecasting/stress testing, daily P&L; attribution, management reporting/analysis and funds transfer pricing. We are looking to recruit an individual to work in the P&L; production area covering the Treasury/Fixed Income/FX trading desks. The candidate's main responsibility will be to produce and deliver the daily P&L; to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job. Primary products covered will include Fixed Income, Money markets, FX, Rates **Responsibilities*** Production and reporting of daily P&L; to Front Office & Senior Management + Reconcile actual P&L; with trader estimates and provide flash/actual variance analysis. + Working closely with the trading desks on position, P&L; or other issues on an ad-hoc basis + Front-to-Back analysis & reconciliations of front office PnL and balance sheet to firm sub-ledgers. + Assist with execution of month-end controls ensuring management vs financial P&L; variances are within thresholds. + Analyze traders' risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves. + Would be typical own set of books / cost center and Business Units + Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries. + Development & continuous improvement of existing processes & workflow + Testing / UAT for systems work ranging from minor system releases to major system implementations. + Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk. **Requirements*** Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products Certifications If Any - CFA / FRM certified candidates would be preferred - Advanced education and/or enhanced technical qualifications are a plus **Experience Range*** 4 to 8 years with at least 4+ years' experience in Global Markets Product Control role **Foundational skills*** Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.



+ The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner + Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels + Must be proactive and be a highly motivated self-starter. Reactive and/or passive individuals need not apply **Desired skills** + Alteryx / Python / Tableau knowledge would be an added advantage + Must be proactive and be a highly-motivated self-starter + Effective communication skills with English proficiency + Demonstrated ability to work in a high pressure environment + Takes initiative and challenges existing processes and procedures in a proactive manner + Strong team player + Ability to analyze issues independently and derive solutions + Analytical skills + Inherent sense of principles of control through experience and sound judgment + Reliability **Work Timings*** 7 AM IST to 4 PM IST **Job Location*** Mumbai/ Hyderabad 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 safe 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 perks. 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.

📌 Manager (Madhapur)
🏢 Bank Of America
📍 Madhapur

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