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Assistant Vice President, India Branch, Bonds and Corporate Treasury

Mumbai, , India

Job Description:

Your background
. Sincere, bright, committed and keen to take on additional responsibility
• Experience in back-office processes relating to Bonds, Treasury products would be an advantage
. Post Graduate/ Graduate with certification
• Strong understanding of accounting principles
• Good knowledge of Excel
• Ability to work against stiff deadlines and manage work pressure
• Post Graduate/ Graduate with certification course

Other Qualifications
∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect

The candidate will be part of Bonds And Corporate Treasury Operations desk. The team is responsible for trade validation, checking auctions bids, and ensure timely settlements with Clearing Corporation. This team also is responsible for NFRR.  The candidate should ensure compliance with rules, laws and regulations. The candidate would be able perform role of a checker. he should be able to face off to concurrent auditors.  The candidate should look for process improvement opportunities. 

What you will do

• Support Bonds trading i.e. Primary Dealership desk and Corporate Treasury Ops desk
• Well versed with RBI guidelines and CCIL guidelines
. Ensure accurate trade validation
• Ensure timely settlement within CCIL/RTGS cut off
- Checker role for some of the desk activities
• Regulatory reporting
- Conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
- Engage with Stakeholders including Business, Compliance, Finance, Technology for constructively resolving any queries
• Participate in various process improvement initiatives/ projects as required
 

About Bank of America 
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world 
Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies. 
 

Job Band:

H5

Shift: 

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Your background
. Sincere, bright, committed and keen to take on additional responsibility
• Experience in back-office processes relating to Bonds, Treasury products would be an advantage
. Post Graduate/ Graduate with certification
• Strong understanding of accounting principles
• Good knowledge of Excel
• Ability to work against stiff deadlines and manage work pressure
• Post Graduate/ Graduate with certification course

Other Qualifications
∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect

The candidate will be part of Bonds And Corporate Treasury Operations desk. The team is responsible for trade validation, checking auctions bids, and ensure timely settlements with Clearing Corporation. This team also is responsible for NFRR.  The candidate should ensure compliance with rules, laws and regulations. The candidate would be able perform role of a checker. he should be able to face off to concurrent auditors.  The candidate should look for process improvement opportunities. 

What you will do

• Support Bonds trading i.e. Primary Dealership desk and Corporate Treasury Ops desk
• Well versed with RBI guidelines and CCIL guidelines
. Ensure accurate trade validation
• Ensure timely settlement within CCIL/RTGS cut off
- Checker role for some of the desk activities
• Regulatory reporting
- Conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
- Engage with Stakeholders including Business, Compliance, Finance, Technology for constructively resolving any queries
• Participate in various process improvement initiatives/ projects as required
 

About Bank of America 
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.

Connecting Asia Pacific to the world 
Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies. 
 

Learn more about this role

Full time

JR-21077330

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Vyoma Gandhi

Referral Bonus:

0