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 Responsible Growth is how we run our company and how we deliver for our clients teammates communities and shareholders every day One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world We re devoted to being a diverse and inclusive workplace for everyone We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive perks to support their physical emotional and financial well-being Bank of America believes both in the importance of working together and offering flexibility to our employees We use a multi-faceted approach for flexibility depending on the various roles in our organization Working at Bank of America will give you a great career with opportunities to learn grow and make an impact along with the power to make a difference 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 Banking and Markets GBAM Finance seeks to provide a first-class support service with particular focus on the relationship between trading risk positions and P L components We are looking to recruit an individual to work in the P L production area covering the Equities trading desk The Global Banking and Markets GBAM Finance seeks to provide a first-class support service with particular focus on the relationship between trading risk positions and P L components We are looking to recruit an individual to work in the P L production area covering the Equities trading desks exotics and structured products 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 Responsibilities The business is constantly evolving and moving into new markets and products Business Finance and Control plays a key role in enabling business activity in a robust control environment to support responsible growth You will be actively encouraged to develop close working relationships with the business and other key support teams i e Legal Entity Controllers Accounting Policy Operations Audit Tax Treasury Technology and Risk Management Ownership of the Team s daily Monthly processes 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 P L and balance sheet to firm sub-ledgers Assist with execution of month-end controls ensuring management vs financial P L variances are within thresholds 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 Ensure validity of allocated attributed balances as well as internal funding charge Determining and implementing appropriate accounting policies and procedures with Accounting Policy Managing key legal entity regulatory and PL issues with the business Month end Close including financial disclosures calculation recording accounting classification entries Contributing to Governance process operational error reporting and support of other internal control process including Self-Identified Audit Issue and Operational Risk remediation Operational Effectiveness Leading role in driving team projects including automation and process enhancement Ensure all front to back breaks are understood and escalated in accordance with standards Ensuring a minimum of manual standalone processes are maintained Where tactically used ensuring a strategic solution is being sought Accurate analysis and recording of operational loss events Business Partnering New Product Review - Involvement in completion of New Product Review documentation for new businesses products proposed by your trading desk and the implementation of systems and process changes improvements that are required Development and production of Financial Reporting for business reviews Review Monthly financial and key performance metrics with Business and discuss key business strategy and plan Requirements Education Postgraduate degree or accounting qualification e g CA MBA Certifications If Any NA Experience Range 2 - 5 Years of Industry Finance or Product Control Valuation control or market risk experience esp experience in structured and exotics products is required Foundational skills Strong working knowledge of financial products and their associated risks and payoffs A good leader with efficient people management skills Strong communication organization presentation and interpersonal skills be able to establish strong working relationships with a board range of stakeholders ability to influence team at remote locations Strong business sense and control mindset demonstrable risk identification and management Strong analytical and problem-solving skills with a demonstrated ability to analyze business processes and workflows and deliver required project to a high standard Ability and confidence to tackle new concepts and ideas associate with on-going change in the business Ability to build SME knowledge within the group - provide appropriate level of business product process training to the peers teams Ability to juggle multiple tasks and responsibilities A Can do attitude self-driven and proactive be innovative and have the ability to generate new and creative ideas Attention to detail strong Excel skills good working knowledge of accounting concepts Good understanding of Global Market business and relevant experience is preferred Candidates with emerging technology Alteryx Tableau Workvia experience is preferred Desired skills 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 Work Timings 08 30 AM to 5 30 PM Job Location Gurugram Hyderabad

📌 Assistant Manager (Haryana)
🏢 Bank Of America
📍 Haryana