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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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*
The Global Valuation Group (GVG) team at BA Continuum provides valuation and independent price verification (IPV) support to the Global Markets Businesses, covering Equities, Rates, FX, and Credit lines of business. This particular role is within the FX and Rates team.
Job Description*
We are looking for a seasoned individual who is technically strong and has worked in a similar Valuation control role preferably in a large global bank.
The position requires the person to have a deep understanding of derivatives, product knowledge, understanding of how different trading desks operate, their risk profiles and revenue generation mechanism.
This role will involve facing off with very senior stakeholders in Global Finance, Front office and Risk globally in addition to engagement with senior management at GBS.
Additionally, given the regulatory focus in this area, the person would have very strong communication and leadership skills.
Responsibilities*
Requirements*
Education*
Qualified PhD/MBA/Masters in a Quantitative Field from Tier I/II institute with relevant experience in Valuation controls processes in Global Markets environment and organization of similar scale
Certifications If Any
• CFA / FRM certified candidates would be preferred
• Strong Programming Knowledge (Python) would be a plus
Experience Range*
10+ years with at least 7+ years’ experience in Valuation controls role
Foundational skills*
Desired skills*
Work Timings*
12:00 PM IST to 21:00 PM IST
Job Location*
Gurugram/Mumbai
Learn more about this role