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Assistant Manager

Hyderabad, India

Job number: 18007291

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Job Description:

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide.

We’re committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.

BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.

Global Markets Operations &Middle Office provides operations support to the Global Markets Business of Bank of America Merrill Lynch. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities. Key functions includes Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, Client & Product Data.

Job Description:

The process involves performing review on the Exotic Equity derivative trades booked in EMEA and US region closer to trade date – reviewing the Termsheet to Booking (2 way review). This process will help enhance controls for Equity LOB and ensure consistency with other businesses.

Job Responsibility :

Will be responsible to ensure that Equity structured/exotic deals traded under various BAML entities are booked accurately and correspond to terms as agreed between the Front Office and the client.

This involves developing thorough understanding of internal booking models to replicate the payoff and economic conditions represented in the Termsheet.

Job Requirement :

  • Candidate should posses’ strong Derivatives knowledge with an intuitive understanding of the valuation.
  • Also, need to have Strong attention to Detail, good excel skills, good analytical /Investigative approach and ability to communicate the problem to traders/trade support team for a faster resolution of issues.
  • Education - any graduate
  • Experience : Candidate should have 4+ years of experience with 1-2 years of relevant experience in Equity OTC derivatives

Location - Hyderabad

Timings -12:30 pm - 9:30 pm

Posting Date: 08/03/2018

- India

Full / Part-time: Full time

Hours Per Week: 45

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