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83 Bank of America Jobs

Officer, Markets Support Analyst, India, Global Markets Operations

2-5 years

Mumbai

1 vacancy

Officer, Markets Support Analyst, India, Global Markets Operations

Bank of America

posted 4hr ago

Job Role Insights

Flexible timing

Job Description

  • This role will be part of Global Markets Operations and will be assigned to Corporate FX and FX Options/ Derivatives desk primarily for the sake of underlying exposures
  • The team is responsible for trade validation, Affirmation, confirmation, Settlement and reconciliation of OTC FX Contracts
  • The team also is responsible for NFRR
  • The candidate knowledge of applicable rules, laws and regulations will be an added advantage
  • The candidate would be able perform role of a maker, prepare MIS and providing requisite data to Auditors
  • The candidate should look for process improvement opportunities
  • Responsibilities
  • Support Exposure Monitoring for OTC FX Contracts, Option Contracts and foreign Currency Derivatives and be a support to the Corporate FX as well Option/Derivative Desk
  • Well versed with OTC FX Processing
  • Ensure accurate processing of trades
  • Maker role for some of the desk activities
  • Engage with Stakeholders including Business, Compliance, Finance, Technology for constructively resolving any queries
  • Participate in various process improvement initiatives/ projects as required
  • Required Skills
  • Experience in back-office processes relating to all Treasury products especially FX
  • Knowledge of settlement of FX Contracts
  • Strong understanding of accounting principles
  • Knowledge of regulations governing the OTC FX Market
  • Good knowledge of Excel
  • Ensure timelines on the tasks at the desk
  • Ability to work against stiff deadlines and manage work pressure
  • Desired Skills
  • 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 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

  • Employment Type: Full Time, Permanent

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    What people at Bank of America are saying

    Support Analyst salary at Bank of America

    reported by 3 employees with 6-18 years exp.
    ₹5 L/yr - ₹30 L/yr
    156% more than the average Support Analyst 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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