Job Description:
Overview:
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. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.
We are a part of the Global Business Services which delivers technology and operations capabilities to Bank of America lines of business (LOB) and enterprise functions.
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 individuals, businesses and institutional investors we serve worldwide.
Process Overview*
Client Data Services team is responsible for adding and maintaining client information with respect to settling and confirming transactions pertaining to Global Securities (Equity – FI, PB and Cash). This includes adding and updating client bank details SSIs – standard settlement instructions, contract note delivery information and the creation of client sub trading accounts for Global Market clients. Ensure secondary review for such data is performed by the assigned reviewer in the process Work on projects for set-up of new clients within specified deadlines. The qualifying candidate will have prior experience of having managed Reference data services activities for the global markets domain.
Job Description*
Success is measured at a team level, with internal targets and results being measured against the Line of Business group on a regular basis. The error free Data set ups, adhering to the regulators requirements Segregation Violations is a key parameter in measuring the control of risk around the process.
The key to success is to ensure we process projects and requests within tight deadlines as prescribed by the SLA’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.
Responsibilities*
documented as part of SOP’s, to relevant market cut-offs & timelines in an
accurate & timely manner delivering quality output for the groups Institutional & other clients.
Ensure contingency plans / flexibility in staff levels to manage workload in adverse conditions (e.g. sickness, holidays etc)
Requirements*
Education* – Graduate / MBA
Certifications if any : NA
Experience Range* – 8 to 10 years
Foundational skills* – Good understanding of Global Markets especially Securities and Cash.
Desired skills* – Equities, Fixed Income, Derivatives and Foreign Exchange products.
Work Timings* – 24*7 ( Rotational)
Job Location* – Gurugram
Job Band:
H7
Shift:
Hours Per Week:
45
Weekly Schedule:
Referral Bonus Amount:
0
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