Bank of America Released Job Openings On 02/05/2023.The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank was founded in San Francisco and took its present form when NationsBank of Charlotte acquired it in 1998.Eligibility Criteria / Educational Qualification, Official Notification, Apply Online Form Link & Other Relevant Details for Bank of America s Recruitment 2023 are provided below. Interested and eligible candidates can submit application along with resume.
Vacancy Details:
Bank of America Recruiting CA/CPA/CFA/MBA with 03+Years Experience for ASSISTANT MANAGER Position.Complete Details for the ASSISTANT MANAGER follows.
Important Details :
- Location :Gurugram
- No of Vacancies:Not Disclosed By Recruiter
- Details of Salary:Not Disclosed By Recruiter
- Opening date for online Application:02/05/2023
- Mode of application :online
Job Description/Skills Required
Primary products covered will include: Bonds, CDS, ETFs and Loans
- 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 PnL and balance sheet to firm sub-ledgers
- Assist with execution of month-end controls ensuring management vs financial P&L variances are within thresholds
- Analyze traders’ risk positions and understand and apply the Greeks (Delta, Vega Gamma) vs daily market moves
- Would be typical own set of books / cost center and Business Units
- 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
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