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*
Global Markets Technology & Operations provides end-to-end technology solutions for Global Markets businesses including Equities, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies. In addition, GMT&O provides Sales, Electronic Trading, Trade Work Flow, Pricing, and Market Risk, Middle office, Collateral Management, Credit Risk, Post-trade confirmation, Settlement and Client service processes for Trading, Capital Markets, and Wealth Management businesses.
Job Description*
Within GMOT, Derivatives & FX Technology is responsible for handling confirmations, clearing, settlement, regulatory reporting and messaging for all Derivatives and FX asset classes.
Cash Manager is the Strategic application for FX Cash & Derivative Settlements, this is an ultra-Critical application used by settlement teams in Operations teams across various product lines globally. The technology team closely works with Product Owners and Global development team in development and maintenance of this Application.
As a Team Member, the associate will be working at the Hyderabad in an Agile Team that is responsible Cash Manager.
Responsibilities*
The job primarily involves
Coding in Java and TSQL (Sybase)
Work in agile team to determine needs and apply/customize existing technology to meet those requirements.
Interacting with Business Users,
Mentor team members
Understanding different derivatives trading scenarios across asset classes.
Providing L3 support for the applications
Education* - BE/B Tech preferably Computer Science and Engineering or MCA
Certifications If Any
Experience Range* - 8 – 10 years of industry experience
Minimum of 10 years’ experience working on object-oriented programming environment, Java or Java\J2EE
Spring\SpringBoot Microservices
Sybase development
Excellent communication, analysis and problem solving skills
Quick to learn, self-motivated and enthusiastic
Able to work well in a highly motivated environment
Desired skills*
Knowledge on OTC and Exchange Traded Derivatives.
Knowledge of Settlements, trade Life Cycle
Knowledge of SWIFT-ISO2022
Knowledge on Agile.
Job Location* - Hyderabad
Work Timing :- 11 AM – 8 PM
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