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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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*

Global Markets Technology & Operations provides end-to-end technology solutions for Global Markets businesses including Equities, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies. In addition, GMT&O provides Sales, Electronic Trading, Trade Work Flow, Pricing, and Market Risk, Middle office, Collateral Management, Credit Risk, Post-trade confirmation, Settlement and Client service processes for Trading, Capital Markets, and Wealth Management businesses.

Job Description*

Global Markets Technology (GMT) Risk & Controls is responsible for the implementation of Enterprise operational risk management policies, procedures and standards across GMT. These risk management policies, procedures and standards are formulated by Enterprise Risk, Global Information Security, and Compliance & Regulatory Agencies. The GMT Risk & Controls team works with Application Managers and COOs across all lines in Global Markets (Equities, FICC, Middle Office and Operations) to ensure that control gaps are identified and remediated.

Responsibilities*

Primary responsibility would be designing & implementation of the Regulatory Reporting projects. Independently drive and manage the Regulatory Reporting Book of Work. The role is to provide support to the Regulatory Reporting Deployment team in the areas of:

• Being part of development team within Global Market, work on developing software by extending and enhancing the current technology solution to meet immediate and longer-term Business requirements.
• Be Hands on design, development, testing and deployment of software applications/Reconciliations supporting the business.
• Produce quality software design and involve the global design reviews.
• Work closely with colleagues in the Regional GMOT technology team and other technology teams to collaborate on delivering integrated solutions.
• Contribute to build a strong techno-functional team.
• Be a Good team player and can work independently and proactively solve problems.

Requirements*

• Education* B.E, B. Tech or MCA
• Certifications If Any - NA
• Experience Range*  8 yrs - 10 yrs

Foundational skills:

Java, AWS, Kafka, Capital Markets, Regulatory Reporting expertise

Understanding the coding language

Experience in Agile methodology

Desired skills: Agile, SDLC, TDD, BDD

Work Timings : 11 AM to 8 PM

Job Location* Hyderabad/Chennai/Gift/Mumbai