Job Description

: Overview Bank of America is one of the world’s leading 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. 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. We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions. 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 individuals, businesses and institutional investors we serve worldwide.

• BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview* The Futures & Options and OTC Clearing team supports a global client base trading on 40+ global exchanges. It is a fast growing business focusing on growth through new client relationships and expanding marketing channels. The Operations team partners with our Business and Technology counterparts to provide a seamless front to back flow for our clients so they have uninterrupted access to the markets and to their positions and activity so they can best manage risk. Chester is the regional operations hub providing support for markets in EMEA region. We work closely with our regional and global counterparts to present a single global face to clients in the form of consolidated statements, reports, and technology. * The role is part of the Clearing team in Bank of America Merrill Lynch’s F&O and OTC Clearing Derivatives group. On an daily basis the Clearing team is responsible for Clearing Futures and Options Trades. This position is primarily responsible for performing transaction level clearing of trades in Exchanges and Clearing Application. This position will be the owner for process related controls. This position plays a key role in controlling operational costs. The position is also responsible for monitoring Suspense Accounts.There will be ad hoc requests or queries from management, traders and internal clients that will require an investigative and inquisitive mind to support and handle them professionally at the highest service level. This position will require a positive attitude and ability to work in a team environment. Responsibilities*  Global Trade Clearing  Quick escalation of system and connectivity issues to Tech team, minimizing downtime of the recon process  Team orientated environment, associates empowered and encouraged to put forward suggestions for the continual enhancement and development of Procedures and Controls  Strict adherence to documented procedure, task trackers, whilst carrying out all task  Handle internal and external queries, either verbal or email, on a timely and accurately  Effective escalation of issues to management  Identifying process weaknesses, flagging communication issues to/from clients  Work closely with internal teams such as the Reconciliation & Control Team and the Client Services Representatives (CSR) Team to resolve breaks Requirements* Job Title* Team Developer Education* MBA/Bachelor’s Degree from an accredited college or university Certifications If Any: NA Experience Range* At least 4 years of relevant experience with an Investment Bank Operations. Preferably in the Futures & Options clearing, Reconciliation, Static Data Management, Trade Support, Trade Settlement etc Foundational skills* Should have hands on experience in any of the mentioned functions Trade Clearing, Settlement, Reconciliation, Static Data Management, Trade Support Desired skills Candidate must have strong communication skills Candidate must be able to work without immediate supervision and take ownership of assigned tasks. Candidate must be proficient in Microsoft Excel. Candidate must have experience analyzing data. Exposure to running queries in Microsoft Access is preferred. Knowledge of the derivative industry is preferred. Candidate must have above average analytical skills.

• Candidate must have above average Knowledge of general accounting including journal entries and account reconciliations.
• Expertise in excel macro writing, MS Access coding will be added advantage
• Exposure to GMI, Clear vision added advantage

Work Timings* 24*7 Job Location* Gurugram, Job Band: H8 Shift: Hours Per Week: 45 Weekly Schedule: Referral Bonus Amount: 0