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Team Developer

Gurugram, , India

Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s leading 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.

We are 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.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.

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 individuals, businesses and institutional investors we serve worldwide.

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

Global Loan Operations team manages End to end Trade life cycle for syndicated loans. The teams are primarily responsible for the confirmation, settlement and ongoing management of lifecycle events for positions held by global markets loan trading. The teams have a high degree of client interaction, initially via the confirmation and Settlement process and subsequently via the management of sub participation agreements and corporate actions

Job Description*

• Ensure implementing Bank of America’s Risk Framework and enable strong operational risk management – identify, escalate and debate risks across responsible business units.

• Ensure testing of key controls for critical functions at regular intervals, thereby highlighting the gaps if any, and be part of overall gap remediation process

• Support day to day relationship management and communications with business partners at various levels of the organization

• Ensure Quality Assurance implemented basis Enterprise level QA standards

Responsibilities*

• Enable process owners to identify Key Risk & Control indicators and set up target, limits and triggers for ongoing monitoring.

• Conduct risk assessments to identify the incremental risks if any for the existing business and technology processes.

• Drive Enterprise Operational Risk initiatives (eg: Strong Risk Management) within GBS delivery Centers

Requirements*

Education*

Certifications If Any

Experience Range*

4 years and above

 Foundational skills*

  • Good Communication Skills
  • Knowledge of Loan Syndication Secondary Market

 Desired skills

  • Good to advanced knowledge of MS EXCEL
  • Knowledge of Loan IQ application

Work Timings*

12pm-9pm

Job Location*

GGM

Job Band:

H8

Shift: 

Hours Per Week:

45

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Overview (Bank overview, GBS India overview, Function Overview)*

Bank of America is one of the world’s leading 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.

We are 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.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions.

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 individuals, businesses and institutional investors we serve worldwide.

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

Global Loan Operations team manages End to end Trade life cycle for syndicated loans. The teams are primarily responsible for the confirmation, settlement and ongoing management of lifecycle events for positions held by global markets loan trading. The teams have a high degree of client interaction, initially via the confirmation and Settlement process and subsequently via the management of sub participation agreements and corporate actions

Job Description*

• Ensure implementing Bank of America’s Risk Framework and enable strong operational risk management – identify, escalate and debate risks across responsible business units.

• Ensure testing of key controls for critical functions at regular intervals, thereby highlighting the gaps if any, and be part of overall gap remediation process

• Support day to day relationship management and communications with business partners at various levels of the organization

• Ensure Quality Assurance implemented basis Enterprise level QA standards

Responsibilities*

• Enable process owners to identify Key Risk & Control indicators and set up target, limits and triggers for ongoing monitoring.

• Conduct risk assessments to identify the incremental risks if any for the existing business and technology processes.

• Drive Enterprise Operational Risk initiatives (eg: Strong Risk Management) within GBS delivery Centers

Requirements*

Education*

Certifications If Any

Experience Range*

4 years and above

 Foundational skills*

  • Good Communication Skills
  • Knowledge of Loan Syndication Secondary Market

 Desired skills

  • Good to advanced knowledge of MS EXCEL
  • Knowledge of Loan IQ application

Work Timings*

12pm-9pm

Job Location*

GGM

Learn more about this role

Full time

JR-21044143

Band: H8

Manages People:

Manager:

Talent Acquisition Contact:

HIMIT BHASIN

Referral Bonus:

0