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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.
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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 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.
The Global Treasury Business Finance \& Control (BF\&C) is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to Hedge Accounting, forecasting/stress testing, daily P\&L attribution, management reporting/analysis and funds transfer pricing.
Treasury Finance (Product Control) is a division of Global Treasury responsible for the production and independent validation of Global Treasuries' profit and loss and balance sheet. In this regard, BF\&C will ensure, inter alia, that accounting policies are correctly and consistently applied, and that portfolios are appropriately valued.
The Corporate Treasury Finance team is part of the CFO organization. The primary focus of the team is providing various financial and accounting services in support of the Corporate Treasury group pertaining to forecasting/stress testing, daily P\&L attribution, management reporting/analysis and funds transfer pricing.
We are looking to recruit an individual to work in the P\&L production area covering the Treasury/Fixed Income/FX trading desks. The candidate’s main responsibility will be to produce and deliver the daily P\&L to front office, providing a high standard of analysis and explanation around any issues faced and daily revenue drivers. The candidate will therefore have considerable interaction with the respective Front Office, Middle Office, Finance and Trade Capture teams so good communication and time management skills are an essential requirement for this job.
Primary products covered will include Fixed Income, Money markets, FX, Rates
Production and reporting of daily P\&L to Front Office \& Senior Management
Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute with relevant experience in Product Control or Global Markets environment and organization of similar scale with US GAAP, IFRS, IAS reporting framework with an interest and aptitude for derivative products
Certifications If Any
4 to 8 years with at least 4\+ years’ experience in Global Markets Product Control role
Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage.
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