Job Description
Your background
• Sincere, bright, committed and keen to take on additional responsibility
• Experience in back-office processes relating to OTC Derivatives and FX options
• Post Graduate/ Graduate with certification
• Strong understanding of accounting principles
• Good knowledge of Excel
• Ability to work against stiff deadlines and manage work pressure
• Bank of America Merrill Lynch is an equal opportunities employer
Other Qualifications
∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
What You Can Expect
The candidate will be part of Derivatives and FX options desk. The team is responsible for trade validation, reporting trades to the Central counterparty, and ensure timely settlements with Clearing Corporation. This team also is responsible for NFRR. The candidate should ensure compliance with rules, laws and regulations. The candidate would be able perform role of a checker and should be able to face off to concurrent auditors and regulatory exams. He should be able to understand the products and respond to client queries, if any. The candidate should look for process improvement opportunities.
What You Will Do
• Support OTC Derivatives and FX options Ops desk
• Well versed with RBI guidelines and CCIL guidelines
• Ensure accurate trade validation. Ability to understand the products
• Ensure timely settlement within CCIL/RTGS cut off
• Checker role for some of the desk activities
• Regulatory reporting
• 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, Technology for constructively resolving any queries
• Participate in various process improvement initiatives/ projects as required
• Sincere, bright, committed and keen to take on additional responsibility
• Experience in back-office processes relating to OTC Derivatives and FX options
• Post Graduate/ Graduate with certification
• Strong understanding of accounting principles
• Good knowledge of Excel
• Ability to work against stiff deadlines and manage work pressure
• Bank of America Merrill Lynch is an equal opportunities employer
Other Qualifications
∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
What You Can Expect
The candidate will be part of Derivatives and FX options desk. The team is responsible for trade validation, reporting trades to the Central counterparty, and ensure timely settlements with Clearing Corporation. This team also is responsible for NFRR. The candidate should ensure compliance with rules, laws and regulations. The candidate would be able perform role of a checker and should be able to face off to concurrent auditors and regulatory exams. He should be able to understand the products and respond to client queries, if any. The candidate should look for process improvement opportunities.
What You Will Do
• Support OTC Derivatives and FX options Ops desk
• Well versed with RBI guidelines and CCIL guidelines
• Ensure accurate trade validation. Ability to understand the products
• Ensure timely settlement within CCIL/RTGS cut off
• Checker role for some of the desk activities
• Regulatory reporting
• 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, Technology for constructively resolving any queries
• Participate in various process improvement initiatives/ projects as required
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President| Ops Professional MKTS position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
