Team Leader

Job Description:

Individual will be required to play Supervisor role across all products. He /She will be responsible to ensure the Service Level Agreement are met.

Success is measured at a team level, with internal targets and results being measured against the Line of Business external peer group on a regular basis.

The key to success is to ensure we process confirmation and Settlements, Payment requests within tight deadlines as prescribed by the SLA’s/KPI’s/KRI’s/KCI’s. In a deadline driven environment, turnaround, accuracy and escalation are of high importance as we are at risk to market movements, client relationship, and the bank’s reputation including settlement risk. Sense of urgency and attention to detail are pivotal competencies required to perform the functions.

The successful candidate is expected to quickly understand & own all aspects of the Internal systems, Process flows and SLAs / KPI’s from a Service Delivery perspective and ensure that every team member is working & delivering to their set responsibilities adhering to set procedures & controls, documented as part of SOP’s, to relevant market cut-offs & timelines in an accurate & timely manner delivering quality output for our clients.

Responsibilities:

The candidate needs to have a strong understanding of the Trade Life cycle with adequate experience in Settlements and Cash Management Services processes experience

Develops and implements new processes, systems and participates in strategic planning. Continually reviews roles and responsibilities with Understanding of operational risk associated with core processes that forms part of Settlements and Cash Management Services operations

Deliver best practice operating model

Ensuring timely delivery of Internal/Middle Office/Front Office critical reports to various stake holders

Should possess a beginner’s mind set and analytical ability of evolving processes

Requires thorough knowledge of multiple product areas & knowledge of financial instruments accounting and transaction lifecycle

Job Description

GDFX Static Data (Global Delivery Foreign Exchange) process is responsible for adding and maintaining client information with respect to settling and confirming transactions. This includes adding and updating client bank details, loading/updating Standard Settlement instructions for all trading counterparties of Bank of America Merrill Lynch, creation of Trading Identifiers for the clients across all regions.

Responsibilities
• Understanding of Reference Data Services with respect to Foreign Exchange & Derivatives business
• Capability to review Standard Settlement Instructions and confirm payments are complete
• Ability to drive processing of high-volume client requests meets daily deadlines. Must have a team player perspective & be able to communicate confidently.
• To drive the development, implementation and regular review of policies and procedures on process compliance risks and issues that are material to the Business, including Anti-money Laundering, Know Your Customer (KYC) and Suitability ensure adequate staff awareness and training.
• Effectively address the business issues - Generate new opportunities that will help them stay ahead in the future.
• The SSI set-ups and maintenance: Setting up the requested as per database and confirm to requestor that the request is completed within process Turn Around Time
• Work on projects for set-up of new clients within specified deadlines
• Ensure that all established procedures are followed.
• To create improvements in business processes by contributing ideas and implementing agreed changes into the team's day-to-day operations.
• To perform all tasks following company policy and procedures, including legal & regulatory requirements, and to prescribed process standards.
• Understanding of Business Continuity Management
• Excellent organizational skills are required with the ability to prioritize workload, work accurately and efficiently under pressure.
• To be flexible in their attitude and approach; have a strong desire to learn from day-to-day scenarios.
• Ensure contingency plans / flexibility in staff levels to manage workload in adverse conditions (e.g., sickness, holidays etc)
• Good Communication skills (spoken and written English)
• Able to work in a fast paced and busy environment (high volume with tight turnaround times)
• Tertiary qualification in business/commerce/Finance preferred.

Job Description

The purpose of the job is to report and analyze data around completeness and accuracy of the “Know Your Customer” data and information that is collected on our clients and to ensure compliance with Anti-Money Laundering policies and procedures. In addition, this job is to ensure that the appropriate Risk related activities are preformed based on the analysis of that client data and in accordance with AML policies. This information is critical in our efforts to comply with internal risk avoidance efforts and external compliance requirements.

Responsibilities
• Effectively manage processes for the client, ensuring a high level of operational delivery to customers. Maintain day to day client relationship activities and provide input, preparation and support to team members
• May provide recommendations to ensure that the process (from preparation to approval) is equipped with the appropriate checks and balances to ensure accuracy.
• Serves as the escalation point for issues regarding client profiles, keeping leadership apprised of potential areas of concern. Collaborates with internal stakeholders from other functions to help coordinate AML/KYC/Prevention procedures and policies in overall compliance strategy
• Communicates with internal stakeholders like Global Financial Crime, MLRO’s and external stakeholders like sales/FLU to resolve any issues in the course of client Onboarding
• Review Complex client structure and provide guidance to the AML Ops team to ensure all requirement are accurately met. Maintain a current understanding of global issues, risk and events that could affect a client risk level.
• Provide on-the-ground expertise on Client Due Diligence requirements (global jurisdictions) as well as Quality Assurance Process. Day to day ongoing coaching deliver and Review QA/QC results from Quality Control team associates and address the team’s training deficiencies noted
• Keep Leadership apprised of up to date status of Legal Entities and which may go for potential escalations and Reporting of issues of concern to Operations Support, Senior Leadership
• Oversee the work of Team to ensure it of the highest Quality standards, ensure that the team operates efficiently adheres to Policy & Procedures
• Serve as a first point of contact in an event of any Query comes from regulatory/internal control audit team
• Raise Rebuttal request on the system portal post discussion with team member in case of any incorrect defect marked by Internal Quality Team
• Demonstrate flexibility to manage activities across sites as required and Manage client and cross site team contacts effectively
• Lead/Share insights and subsequent action plans on daily/weekly/monthly calls e.g. operations call, Risk Call, Productivity calls, etc.

Taking exceptional calls where there is a challenge in obtaining the requirement from client and also help with the 4 – eye check.

Job Description

Global Markets Business Finance & Control (BF&C) seeks to provide a first-class support service with particular focus on the relationship between trading risk positions and P&L components. We are looking to recruit an individual to work in the P&L production area covering the Fixed Income/FX/Equity trading desks. The candidate’s main responsibility will be to produce and deliver the daily P&L to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, and Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job.

Responsibilities
• Primary products covered will include: Fixed Income, FX, Credit and Equities
• Production and reporting of daily P&L to Front Office & Senior Management
• Reconcile actual P&L with trader estimates and provide flash/actual variance analysis
• Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis
• Front-to-Back analysis & reconciliations of front office PnL and balance sheet to firm sub-ledgers
• Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds
• Analyze traders’ risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves
• Would be typical own set of books / cost center and Business Units
• Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries
• Development & continuous improvement of existing processes & workflow
• Testing / UAT for systems work ranging from minor system releases to major system implementations

Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.

Job Description
• The GIB Analyst Support team is made up of focused industry / product groups that support deal teams in capital raising transactions and to provide strategic advice during Mergers and Acquisitions and other capital market activities
• The role will provide analysts an opportunity to work with Investment Banking teams across the global offices of Bank of America Merrill Lynch (BAML). Specifically, the analysts would help Investment Bankers in their business origination, client coverage, and deal execution efforts through building of client pitchbooks, performing valuations and supporting business analysis
• Analysts will be able to leverage world class learning resources and programs to help them develop their professional skills

Responsibilities
• Analyze company financial statements, prepare financial models, perform company valuations using various methodologies and analyze merger consequences
• Perform thematic research, analyze industry structures and economic trends
• Closely align with bankers with continued interaction to support them throughout the pitch / deal process
• Prepare deal materials like Information / Offering Memoranda, Investor Presentations, Committee Presentations, Client Pitchbooks, Roadshow materials

Be a critical part of the execution process by playing touch-point for deal / client management

Job Locations

Mumbai, Chennai, Gurugram, Gandhinagar (GIFT), Hyderabad.

Campus Hiring Eligibility for students is as listed below:
• Final year MASTERS STUDENTS from the Class of 2026 ONLY
• Must Have Specialization in FINANCE ONLY
• Must have scored 60% in the last semester OR CGPA of 6 on a scale of 10 in the last semester
• No Active Backlogs in any of the semesters
• Students should be willing to join any of the roles/skills/segment
• Students should be willing to work in any shifts