Bank of America Job Openings – Vice President

Website Bank of America

Job Description:

Will be heading BANA Mumbai FICC operations team supporting Derivatives (interest rate derivatives and FX options desk) and Interbank FX desk.  The team is responsible for trade validation, trade reporting to Clearing house, client confirms and settlements. The candidate should be able to effectively lead the team. The candidate should ensure compliance with rules, laws and regulations. The candidate would be the point of contact for Business for any queries and also be responsible for facing off to internal and external audits. The candidate should look for process improvement opportunities.


Job Responsibilities:

  • Manage ops desk for one or more FICC products. Functions covered include trade processing, settlement, confirmations and accounting
  • Regulatory reporting and handling onsite inspections and various audits
    Effectively lead his team
    Conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
    Engage with Stakeholders including Business, Compliance, Finance etc. for constructively resolving any issues
  • Participate in various process/productivity improvement initiatives and new products / system implementations including regional/ global projects
  • Responsible for the analysis and resolution of operations problems and initiatives requiring exception handling
  • Evaluate and mitigate operational risk
  • Ensure adherence to Process Control Standards
  • Ensure adherence to relevant RBI guidelines/ FEDAI guidelines/ CCIL rules
    Balance Sheet Substantiation

Job Requirements:

  • People management expertise and Talent plan
  • Ability to work against stiff deadlines and manage work pressure
  • Post Graduate/ Graduate with certification course
  • At least 10-12 years of applicable experience

Job Details:

Company: Bank of America

Vacancy Type:  Full Time

Job Location: Nagpur, Maharashtra, IN

Application Deadline: N/A

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