Team Developer

Job Description:Overview Bank of America is one of the world's largest 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. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. 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 the individuals, businesses and institutional investors we serve worldwide. 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.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.Process OverviewProduct Data Services or Security Master Team is responsible for setting up Fixed Income securities like Corporate Bonds, Municipal Bonds, Mortgage Back Securities, and Treasuries etc on the back-office systems to facilitate the trades to flow into various upstream and downstream systems across the Enterprise. Team also maintains the Fixed Income securities with updating the latest rates, factor, prices and ratings information to facilitate correct interest and principal calculations in the downstream accounting systems.Product Data Services process on legacy Merrill Lynch side does similar functions for Equity and equity related products like common stock, preferred, warrants, rights, equity options etc.Job DescriptionPDS/Security Master business provides associates a unique opportunity to learn and build hands on understanding of various asset classes ex Fixed Income, Equities, Futures and Options traded globally. It provides the candidates a flavor of what attributes are required to build an instrument and ongoing amendments to facilitate various process across the bank to operate seamlessly. These instruments are required to be updated at various stages of the trade flow.The associates are expected to maintain good turnaround time and accuracy across all the set-ups, rates and factor updates. Associates are expected to understand the security types and system capabilities to ensure smooth trade flow from front office to back office systems.ResponsibilitiesSetup and maintenance of Securities - Debt and EquityUse vendor databases - Bloomberg and IDSI to pull up security details for security set-up or updationSetting up the Security per vendor database and respond to requestor within specified Turn Around TimePerform daily, weekly and monthly tasks on rates and factor updates for variable rate and factored bonds. Research on vendor databases for this informationPerform self-review of data inputted in the back office systems. Ensure secondary review for such data is performed by the assigned reviewer in the processStrong analytical, verbal and written communication skillsMust be quick learner to adapt to new systems and procedural changeAbility to perform in a periodically changing processComfortable to work in multiple systems at the same timeEye for detail and must be procedure focused to adhere to the Policy guidelines.Excellent organizational skills are required with the ability to prioritise workload, work accurately and efficiently under pressure.To be flexible in their attitude and approach have a strong desire to learn from day to day scenarios.RequirementsEducation - Graduate and Preferably MBAExperience Range - 5 yrs for Team DeveloperFoundational skillsHands on understanding of Global Markets business and Product Data ServicesStrong analytical, verbal and written communication skillsAttention for detail and must be quick learner to adapt to new systems/procedural changeDesired skillsHands on understanding of Process ControlsStrong understanding of all asset classesHands on understanding of MS Office applicationsWork Timings20:30 to 05:30 ISTJob LocationGift City