Job Description
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
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
∙ Trade validation to ensure trades booked correctly and follow up with Traders/ clients in case of any discrepancies
∙ Well versed with RBI guidelines and CCIL guidelines
∙ Ensure timely settlement within CCIL/RTGS cut off
∙ Regulatory reporting
∙ Following up for client confirmations
∙ Able to respond to queries if any, from Business and Clients, as well as face off with auditors
∙ Conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
∙ Participate in various process improvement initiatives/ projects as required
About Bank Of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies
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
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
∙ Trade validation to ensure trades booked correctly and follow up with Traders/ clients in case of any discrepancies
∙ Well versed with RBI guidelines and CCIL guidelines
∙ Ensure timely settlement within CCIL/RTGS cut off
∙ Regulatory reporting
∙ Following up for client confirmations
∙ Able to respond to queries if any, from Business and Clients, as well as face off with auditors
∙ Conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
∙ Participate in various process improvement initiatives/ projects as required
About Bank Of America
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading.
Connecting Asia Pacific to the world
Our Asia Pacific team is spread across 1+ cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies
💡 Quick Summary
Seeking a career-building opportunity? The Officer| Operations Analyst 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.
