Operations Representative Job in Mumbai at Bank of America

Bank of America is hiring for the role of Operations Representative!

Responsibilities of the Candidate:

• Trade Validation of FX Option and Or Interest Rate Swaps deals.
• Perform Manager level role in Cash Manager.
• Reporting of Trades on CCIL CORE
• Preparation of Deal Confirmations, Sending out and Following up for Receipt of the same.
• Managing the Document Archival System
• Maintain Due diligence at the time of processing / settlement of the trades.
• Maker role for some of the desk activities.
• Engage with Stakeholders including Business, Compliance, Finance, Technology for constructively resolving any queries.
• Participate in various process improvement initiatives/ projects as required.
• Preparation of daily, weekly & Monthly MIS reports
• Providing Audit Data to Concurrent Auditors -
• Passing of Manual entries in GBS.-
• Monitoring of Alleged and Pending queue in CORE( CCIL Owned application)
• Monitoring of any New/amend Standard Settlement Instructions received from Clients.

Requirements:

• Previous experience of processing within FX, Derivatives and Collateral Operations
• Client focused. Client facing experience or ability to conduct discussions with Clients in a clear and concise manner
• Excellent communications skills
• Ability to work under pressure and adhere to stiff deadlines
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate
• Knowledge of Regulations and Ability to Identify and Mitigate Operational Risk
• Strong  understanding of the accounting principles
• Good knowledge of Microsoft Excel
• Graduate from a reputed University with experience in operations processing in a bank.