Job Description
time
Bank of America is one of the worlds 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 all 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. BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.Process OverviewBusiness Finance and Control (BFC) sits within the CFO Org and is mainly responsible to ensure strong financial controls along with enabling the business. The Counterparty Portfolio Management (CPM) BFC supports the CPM business, which falls under Global Markets and specifically in the Global Market FICC division. The CPM business includes 1) XVA desk which is responsible for managing the counterparty credit and Funding risk(CVA/FVA) ; 2) Cross Asset Structured Notes - Central Funding Desk (CFD) responsible to centrally manage and own the various exotic structured notes issued by the bank and 3) Risk optimization group which consists of Collateral trade optimization(CTO) and Risk Opt desk.The CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controls.Job DescriptionThe CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controlsResponsibilitiesResponsibilities for this role will initially require an associate to perform daily business as usual operations
Bank of America is one of the worlds 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 all 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. BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.Process OverviewBusiness Finance and Control (BFC) sits within the CFO Org and is mainly responsible to ensure strong financial controls along with enabling the business. The Counterparty Portfolio Management (CPM) BFC supports the CPM business, which falls under Global Markets and specifically in the Global Market FICC division. The CPM business includes 1) XVA desk which is responsible for managing the counterparty credit and Funding risk(CVA/FVA) ; 2) Cross Asset Structured Notes - Central Funding Desk (CFD) responsible to centrally manage and own the various exotic structured notes issued by the bank and 3) Risk optimization group which consists of Collateral trade optimization(CTO) and Risk Opt desk.The CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controls.Job DescriptionThe CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controlsResponsibilitiesResponsibilities for this role will initially require an associate to perform daily business as usual operations
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President | Sr Operations Manager 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.
