Team Leader jobs in Gurgaon at Bank of America

Team Leader

Gurugram, India

Responsibilities:

Production and reporting of daily P&L to Front Office & Senior Management.
Reconcile actual P&L with trader estimates and provide flash/actual variance analysis.
Working closely with the trading desks on position, P&L or other issues on an ad-hoc basis.
Front-to-Back analysis & reconciliations of front office p&l and balance sheet to firm sub-ledgers,
Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds
Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.
Development & continuous improvement of existing processes & workflow.
Testing / UAT for systems work ranging from minor system releases to major system implementations.
Remediation of issues in an autonomous yet timely manner considering the principles of control and the need to mitigate operational risk.
Perform the Month-End SubLedger to general ledger reconciliation
Analyze traders’ risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves.
Communicate effectively & escalate issues to senior management in a timely and thorough manner
Mentor junior team members to help them grow and conduct strong oversight over all workflow & issues
Good working understanding of Excel is a must; ability to troubleshoot spreadsheet issues is also critical
The right individual will be a team leader and can multi-task to manage the challenges of Middle Office processes and personnel on an independent basis yet have the awareness to escalate potential issues to management in a timely manner.
Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels

Requirements:

Education Qualification : Preference is a Finance or Mathematics related degree e.g. Chartered Accountant, PG (Finance)
Experience: 5+ Years of Industry, Finance or Product Control experience

BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Business Services in the bank. 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 the individuals, businesses and institutional investors we serve worldwide.