Analyst - GBS Job in Mumbai at Bank of America

Bank of America is hiring for the role of Analyst - GBS!

Responsibilities of the Candidate:

• Trade reconciliation, Trade reconfirmation across Merrill Lynch and client systems
• Track business performance based on fee agreements with various clients
• Consolidate, analyze and report business / client information
• Run analytics and distribute expense reports broken down by business and geographies to provide the management with a view on client expenditure
• Run reports on monitoring compliance for salespersons in terms of restrictions on trades, adherence to KYC parameters etc.
• Organize, collate and distribute large datasets. Examples can include collating the latest financial models created by the BofA Research team and then sending then out to Salespersons
• Log expense reports from global salespersons’ expenditure and ensure follow-ups for timely clearance of dues from our internal payment systems
• Capture data from receipts and invoices sent by LOB and input this data to bank’s applications / systems
• Compile news reports, research reports across sectors to create comprehensive product reports
• Create Presentations for the business pertaining to these activities
• Process management of various client related functions and reporting within specified timeline
• Prepare MIS and Reporting to stakeholders
• Respond and follow up with LOB partners for data requirements
• Adhoc projects on business support and Sales strategy deliverables
• Effectively communicate business, technical and product information at all levels
• Understand Bank of America policies on Compliance, Expenses etc. and reporting deviances if any

Requirements:

• Graduates in commerce, banking/ B.Com/ BBA/ MMS / MBA / MMS from top tier universities – 1-3 yrs experience preferred
• Experience in Mutual Funds, Insurance and Accounting or back office operations.
• Basic understanding of financial terminologies (Futures, Options, MBS, etc) is a plus
• Ability to interact with all levels of an organization; including management
• Ability to synthesize information from various documents/sources
• Ability to independently host calls and lead discussions with senior executives and stakeholders to arrive at business solutions
• Good research and analytical skills
• Proficiency with Microsoft Office (Word, Excel, PowerPoint, VBA, Python and AI)
• Strong Written and Oral Communication
• Ability to maintain high standards despite pressing deadlines
• Ability to solve problems quickly and efficiently
• Strong knowledge of general business and corporate cultures
• Strong analytical skills in terms of identifying trends in data
• Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline driven environment
• Must have excellent judgment; independent thinker and resourceful
• Prior experience in Financial Services support preferred
• Attention to details
• Willingness to learn
• Speaking / presentation skills in a professional setting