- Location
- Mumbai, India
- Type
- Full-time
- Department
- Operations
- Seniority
- Manager
- Closing date
- Today
- Source
- Workday
Description
Job Description:
About Us
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Global Business Services
Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.
Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation.
In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.
Process Overview
The Structured Trade Review (STR) team is part of the Global Middle Office (GMO) organization. STR is a critical control function that mitigates operational, valuation, and booking risks associated with complex structured products by ensuring trade economics are accurately represented in booking and risk systems, in line with legal documentation and deal terms.
Job Description
The Assistant Vice President will serve as a subject matter expert within the Structured Trade Review function, performing independent reviews of complex structured transactions across multiple asset classes. The role requires strong product knowledge, analytical capabilities, and the ability to partner with Front Office, Technology, Risk, Product Control, and Operations teams to ensure accurate trade capture, robust controls, and continuous process enhancement.
Responsibilities
Strong understanding of Fixed Income, FX, Equities, Commodities, and structured derivative products.
Solid knowledge of derivatives pricing, valuation methodologies, and financial risk management concepts.
Experience reviewing complex trade structures and validating trade economics within front-to-back trade lifecycle processes.
Strong analytical, problem-solving, and investigative skills with attention to detail.
Ability to independently manage priorities and deliver high-quality work in a deadline-driven environment.
Effective communication and stakeholder management skills with the ability to influence outcomes across multiple functions.
Proven track record of driving process improvements, automation initiatives, and control enhancements.
Advanced proficiency in Excel and data analysis tools; familiarity with automation platforms such as Alteryx is an advantage.
Requirements
Education
Post Graduation or an equivalent qualification (CFA, FRM or Any Finance related certifications)
Experience Range
Experience in a middle office support functions or operations function for OTC derivative products with a total experience of 10+ years
Foundational Skills
Good Understanding of Investment Banking Products from a Middle Office or Back Office background.
Strong communication skills across all levels of seniority especially with the Trading desk
Proven analytical skills including data reconciliation and interpretation
Desired Skills Demonstrate good Excel skills (macros, formulas) and VBA coding skills & Understanding of emerging technologies
Work Timings 11:30 to 20:30 IST
Job Location Mumbai
