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Bank of America

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4.3

based on 2.9k Reviews

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82 Bank of America Jobs

Team Leader

BA Continuum India Pvt. Ltd.

 · 

4.3

 based on 2.9k Reviews

4-7 years

₹ 7 - 15.25L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Hyderabad / Secunderabad

1 vacancy

Team Leader

Bank of America

posted 4hr ago

Job Role Insights

Flexible timing

Key skills for the job

Operations Team Leading Natural Language Processing Communication Skills Collateral Management Static Data

Job Description

  • The associate will be part of the Collateral Management team working in a fast paced and time sensitive environment
  • In a deadline driven environment, turnaround, accuracy and escalation are of high importance as we are at risk to market movements, traders P L, client relationship, and the banks reputation including financial risk
  • A sense of high priority is vital
  • Responsibilities
  • Work on daily collateral margin process
  • Send margin calls to clients as derived through system calculations taking net exposure in consideration between BAML and counterparty
  • Making cash, securities bookings in the system for collateral movement Verification of cash flows to authorize settlements/funds transfer
  • Review incoming margin calls from counterparties, validate calculations in our internal system and agree for collateral movement
  • Settlement of monthly interest with clients on cash collateral pledged/held
  • Resolve cash and securities breaks/exceptions arising from collateral bookings
  • Follow up with clients for any cash fails or failed collateral transfers
  • Working closely together with Static data team, Client onboarding team, Documentation group etc and clients to ensure accurate information is updated within our processing database
  • Requirements
  • Qualification Graduation / PG in commerce/accounts/management from a recognized university
  • Experience 3-7 Years in Derivative Collateral / Investment banking( any domain)
  • Foundational Skills
  • Mandate experience in Derivative Collateral / Investment banking( any domain)
  • Good analytical skills
  • Desired Skills
  • Good communication skills

    • Employment Type: Full Time, Permanent

    Read full job description

    Bank of America Interview Questions & Tips

    Prepare for Bank of America Team Lead roles with real interview advice

    Top Bank of America Team Lead Interview Questions

    Q1. What is front to back process of financial controller
    asked in Team Lead interview
    View answers (2)
    Q2. What data structure you want to use for returning database records and why?
    asked in Team Lead interview
    View answers (2)
    Q3. What a Product Controller day look like
    asked in Team Lead interview
    View answer (1)
    View all 11 questions

    What people at Bank of America are saying

    4.2
     Rating based on 252 Team Lead reviews

    Likes

    The company is great, work culture, employee benefits, internal opportunities are great.

    • Salary - Excellent
      • +5 more
    Dislikes

    Promotions and appraisal are bit slow and low, depending upon the job profile and performance

    Read 252 Team Lead reviews

    Team Lead salary at Bank of America

    reported by 2.3k employees
    ₹5.7 L/yr - ₹17 L/yr
    21% more than the average Team Lead Salary in India
    View more details

    What Bank of America employees are saying about work life

    based on 2.9k employees
    65%
    87%
    81%
    77%
    Flexible timing
    Monday to Friday
    No travel
    Day Shift
    View more insights

    Bank of America Benefits

    Free Transport
    Cafeteria
    Health Insurance
    Gymnasium
    Soft Skill Training
    Job Training +6 more
    View more benefits

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