Senior Operation Manager 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 inoffice culture that supports collaboration engagement and career development Our approach includes clear inoffice expectations while providing an appropriate level of flexibility based on rolespecific 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 nonbanking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services and the operating company for India operations of Global Business Services Process Overview Global Markets Business Finance Control BF C is a division of Global Banking Markets GBAM Finance responsible for the production and independent validation of Global Markets profit and loss and balance sheet The team is also responsible for running valuation controls to ensure fair value of balance sheet in accordance with internal valuation methodology and regulatory requirements This includes independent price verification of both vanilla securities derivatives and complex illiquid assets such as exotic derivatives and distressed assets Additionally the team also calculates relevant valuation adjustments including adjustments for illiquidity concentration model limitations etc as applicable The team is also responsible for calculating and reporting prudential valuation adjustments on a quarterly basis The team works closely with front office middle office traders valuation control and methodology GVG teams to drive the control agenda across the business Job Description IPV Center of Excellence forms part of the GBAM CFO Group and is a control and business advisory function The teams work primarily covers valuation controls for various asset classes across Global Banking and Markets with a energetic book of work providing opportunities to centralize enhance and implement best practices for global valuation routines We are looking to recruit an individual to work in the valuations control area for one or a group of asset classes within FICC Macro Rates FX Commodities FICC Micro Credit Mortgages Munis XVA Equities businesses in Global Markets The candidates main responsibility will be to functionally lead and deliver Independent Price Verification Valuation Adjustments Prudent Valuations and Fair Value Hierarchy assessment providing a high standard of analysis and explanation The candidate will therefore have considerable interaction with the respective Front Office Finance and Global Valuations Group GVG teams so good communication and time management skills are an essential requirement for this job The candidate should have extensive experience of functionally leading high performing teams that deliver valuation control capabilities The candidate will be expected to leverage her his extensive knowledge of processes and best practices within Finance operations risk management and talent management to ensure that the GBS team operates effectively as a key strategic component of the global GBAM Finance organization The team is also encouraged to take part in employee engagement and diversity and inclusion initiatives to help continue to make Bank of America a great place to work Responsibilities Performing the

📌 Senior Operations Manager Global Markets Valuation Control (Mumbai)
🏢 Bank Of America
📍 Mumbai