Job Description:
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!
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.
Global Business Services*
Global Business Services (GBS) 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.
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. 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.
Process Overview*
Global Markets Credit (GMC) is a team within Enterprise Credit which is responsible for ensuring a robust and consistent credit underwriting process for Global Markets lending and trading counterparty credit activities. GMC partners directly with Global Markets front office teams on client selection, structuring, and underwriting activities to drive revenue growth while maintaining appropriate risk discipline. GMC also coordinates engagement with key control partners including Global Risk, Legal / Documentation, Onboarding teams, Collateral management, Credit Review and Audit in accordance with the Risk Framework and Internal and External standards. GBS Team will partner with the Global Markets Credit teams on Portfolio Management and Underwriting related activities. This workstream will be part of the Wholesale Credit Data Management group.
Job Description*
The prospective candidate should have proven experience in leading a team in Financial Services Industry. The job requires the candidate to liase with the Line of Business frequently to understand their evolving business needs and lead the team in delivery and execution. The applicant should be experienced in performing quantitative and qualitative Credit Assessments, setting Internal Ratings, and recommending Credit Limits. Applicants should be experienced in designing and developing MIS reports. They should be willing to collaborate with associates in the larger groups partnering with Enterprise Credit to derive synergies and they should be flexible to collaborate with teams in US, EMEA and APAC.
Responsibilities*
Requirements*
Foundational skills:
Desired Skills
Work Timings* 9:30 AM to 6:30 PM & 12:30 PM to 9:30 PM – Shift timings are subjective to change depending upon the business requirements. Associates should be flexible enough to work in the revised shifts. The Process does not have any Night Shifts
Job Location*
Mumbai
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