Manager (Mumbai)

Manager (Mumbai)

03 Oct
|
Bank Of America
|
Mumbai

03 Oct

Bank Of America

Mumbai

Manager Mumbai, 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/Mumbai/Manager_26029962) **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_26029962) 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_26029962) **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_26029962) **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 Quantitative Strategies and Data Group: Quantitative Strategies and Data Group (QSDG) is part of the Global Business Services Team. The QSDG UMR Initiatives team supports Trade Compression, Initial Margin (IM), SA-CCR, and Risk Optimization initiatives across Global Markets businesses. The team is responsible for: + Driving trade compression initiatives through process automation, analytics, enhanced reporting, and optimization of compression opportunities. + Supporting IM and SA-CCR optimization initiatives to reduce Initial Margin, RWA, and funding costs through data-driven analysis and strategic process enhancements. + Providing quantitative analysis, risk validation, and business insights to support regulatory and capital optimization programs. + Leading automation and technology transformation initiatives, including migration of legacy processes and models to scalable enterprise solutions. + Partnering with Front Office, Risk, Technology, Quantitative Analytics, and Operations teams to deliver strategic business outcomes.



**Job Description** Strategic Automation & Transformation + Lead the identification, prioritization, and implementation of automation opportunities across Trade Compression, IM Optimization, and Risk Analytics processes. + Define automation roadmaps and drive strategic process transformation initiatives. + Oversee prototype development and partner with Technology teams for production implementation. + Champion migration of spreadsheet-based workflows to scalable technology platforms. Risk Analysis & Validation + Provide oversight of risk analytics supporting IM, SA-CCR, and Trade Compression initiatives. + Review and challenge model outputs, optimization results, and risk metrics to ensure data integrity and consistency. + Lead investigations of unexplained movements in margin, risk sensitivities, capital, and funding metrics. + Partner with Front Office and Quant teams to understand underlying drivers and business impacts. + Develop robust controls and validation frameworks around optimization and reporting processes. Business & Financial Analysis + Develop a deep understanding of financial products, market risk, initial margin methodologies, and capital frameworks. + Analyze financial implications and business benefits associated with optimization initiatives. + Conduct quantitative analysis to identify opportunities for margin reduction, capital optimization, and funding efficiency. + Deliver actionable insights and strategic recommendations to senior stakeholders. + Drive a culture of innovation, accountability, and continuous learning **Responsibilities** + Lead end-to-end delivery of strategic automation and optimization initiatives. + Own project governance, including status reporting, issue management, stakeholder communication, and risk tracking. + Oversee development of analytical frameworks and reporting solutions supporting margin and capital optimization. + Ensure quality, accuracy, and timeliness of all project deliverables. + Develop management reporting and trend analysis to support business decision-making. + Support regulatory, audit, and control-related initiatives. **Requirements** **Education** + **MBA (Finance, Business Analytics, Economics, Quantitative Finance, or related discipline) is required.** + Bachelor's degree in Engineering, Mathematics, Statistics, Finance, Economics, or a quantitative discipline preferred. **Certifications (Preferred)** + CFA, FRM, CQF, PMP, Agile/Scrum certifications. + Certifications related to Data Analytics, Financial Markets, Risk Management, or Process Automation are preferred. **Experience Range** + 4-6 years of experience in Capital Markets, Middle Office, Risk Management, Quantitative Analytics, Trade Compression, Margin Optimization, or Process Transformation functions. + Proven experience leading cross-functional projects involving business and technology stakeholders. **Foundational Skills** Business & Domain Expertise + Strong understanding of capital markets products including Fixed Income Securities, Futures and Options, Swaps and Swaptions, CDS/CDO Products, FRAs, Caps/Floors and FX and Rates Products Risk & Quantitative Skills + Strong understanding of Initial Margin methodologies, UMR framework, SA-CCR, Market Risk concepts, Value-at-Risk (VaR) and Risk Sensitivities and Risk Attribution Technical & Analytical Skills + Robust technical skills including experience with Python, SQL, VBA, Advanced Excel, Data Analysis and Reporting Tools **Desired Skills :** Banking domain preferred **Work Timing - 12:30 - 9:30 pm** **Location - Mumbai** 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 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. Investment products offered through MLPF&S; and insurance and annuity products offered through MLLA: **Are Not FDIC Insured** **Are Not Bank Guaranteed** **May Lose Value** **Are Not Deposits** **Are Not Insured by Any Federal Government Agency** **Are not a condition to Any Banking Service or Activity** Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S;" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S; is a registered broker-dealer, registered investment adviser, **Member SIPC** and a wholly owned subsidiary of BofA Corp. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation. Trust, fiduciary and investment management services are provided by Bank of America, N.A., Member FDIC and wholly owned subsidiary of Bank of America Corporation ("BofA Corp."). Bank of America Private Bank is a division of Bank of America, N.A. Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation. © 2026 Bank of America Corporation. All rights reserved.

📌 Manager (Mumbai)
🏢 Bank Of America
📍 Mumbai

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