Overview
- Careers Opportunities for Graduate Entry Level 2025
- CBK Support Specialist / Associate – US
- Team Developer – India
- Markets Support Analyst – Equity Derivatives Settlements – UK
- Officer – Markets Support Analyst – US
- Financial Data and Reporting Ops Analyst – Private Bank Statements – US
- Markets Support Analyst – US
- Equity Transaction Management Ops Analyst – US
- Officer, Markets Support Analyst, India, Global Markets Operations – India
- Operations Representative, India, Global Markets Operations – Mumbai
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.
Bank of America Careers Opportunities for Graduate Freshers, Entry Level, Mid Level in various domain such as Banking, Finance, Operation, Engineering, Technology, Oil and Gas, Customer services, Sales, Marketing and many more
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.
Careers Opportunities for Graduate Entry Level 2025
CBK Support Specialist / Associate – US
The CBK Support Specialist (CBK SS) will engage with partners across business sectors and regions to execute and manage key operational tasks in a timely manner.
Job Description:
Review reporting to understand where clients are in KYC process and provide regular updates to banking team. Each team member will monitor and understand the risks and business impacts of non-compliance with KYC processes, including restrictions and closures
Validate and track changes to quarterly refresh population – partner with KYC support to review, challenge, and communicate the KYC refresh forecast
Review internal RMTs as necessary
Submit KYC extension requests for clients that are subject to either restriction or closure
Support KYC Lift to Green process for clients that need to transact while in restriction
Manage client coverage data across all systems ensuring GCI linkages are correct in core systems
Review/remediate banker Scorecards for accuracy – ensure new clients are appropriately onboarded
Qualification:
Bachelor’s degree or equivalent work experience
3+ years experience in a client facing or business support role in the financial services or related industry
Knowledge of AML CDD industry practices
Conversant with regional business practices in AMRS, EMEA, or APAC related to AML CDD, Economic Sanctions, and Material Negative News as appropriate
Excellent interpersonal skills with emphasis on client focus, communication and collaboration
Thinks analytically and has strong problem solving skills
Adept to finding new approaches to improve overall work efficiency
Demonstrates desire and willingness to help others, drive outcomes, and potential to require limited supervision.
Excellent organizational skills and ability to prioritize and manage competing priorities with strong attention to detail
Proficiency using Microsoft PowerPoint, Excel, and Word
For more details to apply, Click here!
Team Developer – India
Job Description:
The W-9 Analyst is responsible for reviewing the Form W-9’s for proper certification and to ensure the accounts are set up correctly on the application system. Accounts that are not certified are certified and tracked by the HX system and are subject to backup withholding. Backup withholding is the withholding of federal income tax on reportable payments such as interest. Backup withholding is applied at the current percentage rate established by the government to the amount of interest paid. The amounts withheld are paid to the IRS the next business day. Any interest paid and backup withholding is reported at year-end on Form 1099-INT to the customer and the IRS.
Job Responsibilities:
Calculating and processing interest adjustment for Checking, Savings Accounts.
Ensure that the Customer’s TIN is correct on the form
Initiating & terminating backup withholding
Update/Validate Name, Address & TIN as per SOR on IRS reports for savings bond
Qualification:
Education – Any Graduate with Commerce background or banking related
Certifications If Any – None
Experience Range – 3 to 5 Years
For more details to apply, Click here!
Markets Support Analyst – Equity Derivatives Settlements – UK
We are seeking a dedicated Operation Analyst to join our Equity Derivative Settlements team in Chester serving our priority clients, in which you will provide technical support in an industry leading Derivatives support function for one or more Derivatives product areas.
Job Responsibilities:
Providing excellent client service to our priority clients to agree cash flows, providing all round client service to our global business.
Investigating and resolving pre and post cash settlement discrepancies and non-receipts.
Undertaking cash reconciliations.
Reporting on and clearing cash breaks. Analysing and resolving a wide variety of derivatives operations problems.
Liaising with London, Hong Kong, Singapore, and New York Trade Support to resolve and call out risk and break issues.
Adding value though implementation of improvements to the system infrastructure and control environment by taking part in project and ad-hoc testing.
Performing root cause analysis, communicating updates and critical issue to senior management, and making constant effort to improve client service and efficiency.
Qualification:
Excellent communication and negotiation skills.
Ability to build relationships across all levels of seniority and with internal and external clients.
Excellent numeracy and analytical skills including data reconciliation and interpretation. Good level of competence in Excel and Outlook.
Excellent organisational skills with the ability to prioritise and multi-task in a high-energy environment and to learn and develop in a fast paced, high-volume environment.
A keen problem solver and a thirst for process improvement combined with excellent attention to detail and accuracy.
Skills that will help (optional):
Derivative and Custom Service Experience is desirable.
Commitment to challenging the status quo and promoting positive change.
Excels in working among diverse viewpoints to determine the best path forward.
Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
For more details to apply, Click here!
Officer – Markets Support Analyst – US
The desired candidate should possess a working understanding of derivatives products. These would include IR Swaps, Swaptions, CDS, CDS Index etc, with focus on rates products. The candidate must have excellent MS Excel skills and must be an excellent written and verbal communicator. The role is fast-paced and often has simultaneous competing priorities and as such, the applicant must be able to properly prioritize their time and be comfortable in a fast-paced work environment. The role requires all trade issues to be monitored, escalated as necessary, and resolved in a timely and efficient manner. As a result, this role is an escalation point for the various Operations Teams, and external clients on transaction related issues. Cross training with team members supporting other products will be required for coverage purposes.
Qualifications:
Solid understanding of basic financial products like Interest Rate Derivatives, FX, Options and Credit Derivatives,
Detail-oriented to operation trade flow, data entry, and data reconciliation
Ability to liaise across multiple functional teams to resolve issues
Ability to operate autonomously without direct supervision
Ability to quickly analyze and make decisions in the event of a problem
Ability to quickly grasp new industry practices and create/document new processes
Strong organizational skills and ability to effectively prioritize multiple tasks
Desired Qualifications:
1 – 3 years of experience in the trade control / fixed income operation space
Macro/VBA Knowledge
Experience in supporting interest Rates, FX, and credit derivative trading
Knowledge of financial processing systems and accounting
Understanding of the “Best Practices” and front-to-back product flow to manage Operational Risk
Relevant industry product knowledge
Proactive thought leadership to identify and deliver process improvements and efficiencies
Knowledge of industry regulatory frameworks such as Volcker Reporting and DTCC Real-Time Reporting
For more details to apply, Click here!
Financial Data and Reporting Ops Analyst – Private Bank Statements – US
This job is responsible for handling moderately complex operations processes related to credit disputes, escalations and tax reporting. Key responsibilities include analysis, research, reconciliation, reporting data validation and resolution of issues and identified customer requests which may carry high levels of risk within enterprise risk categories. Job expectations include handling moderately complex transaction processing, reconciliation, and resolution of research requests to clients, consumer reporting agencies or taxing authorities, consulting with management for support.
Job Responsibilities:
Performs moderately complex activities supporting credit disputes, escalations, and tax reporting while following established written procedures and guidelines and ensuring accurate and timely delivery
Researches and resolves moderately complex financial data requests or exceptions based on analysis of assembled data in an accurate and timely manner
Performs routine analytics, report creation, and exception processing
Identifies risk and opportunities for process improvement based on an understanding the work impacts other operational units and escalates risk concerns, as appropriate
Provides quality service and support for internal business partners and external clients
Desired Skills
Experience and knowledge of correspondence creation processes
Knowledge of systems of record used in the processes, PACE, Content Navigator,
Highly organized with the ability to produce error-free work. Effective problem-solving skills.
Ability to work autonomously once role responsibilities are defined
Experience working with multiple business partners and comfortable navigating across organizations
For more details to apply, Click here!
Markets Support Analyst – US
Job Responsibilities
Manage the settlement process for Fed transactions, ensuring accuracy and timely processing.
Monitor and resolve discrepancies related to settlement reports and confirm settlements with counterparties.
Liaise with various departments, including trading, finance, and compliance, to ensure alignment on settlement protocols.
Conduct regular analysis of settlement data to identify trends, risks, and areas for process improvement.
Assist in the development and execution of testing for new systems or enhancements related to settlement functions.
Required Skills:
Ability to work under pressure and manage multiple priorities in a fast-paced environment.
Presentable, confident and client focused. Client facing experience or ability to conduct discussions with Clients in a confident manner
Excellent communications skills and ability to present to an audience
Ability to work under pressure in a team environment
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 Operational Risk, Client Money Protection and Funding
Desired Qualifications:
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
Excels in working among diverse viewpoints to determine the best path forward
Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
For more details to apply, Click here!
Equity Transaction Management Ops Analyst – US
Job Summary:
The position is responsible for providing superior customer service for both the underlying customer base and our global sales trading team. The role aligns to Institutional Trades Processing under Global Market Ops – Cash Equity Transaction Management.
Job Responsibilities:
Timely and accurate allocation and confirmation of Global Equities.
Need to establish a strong working partnership with the customer base and sales force, supporting strategic initiatives to increase same day allocation and STP rates.
Detail oriented in monitoring and controlling exposure to the bank and our clients.
Qualifications:
Strong oral and written communication skills with emphasis on establishing and maintaining quality control procedures, and effectively liaison with external and internal parties, clients and colleagues.
Desired Qualifications:
Advanced Excel knowledge (macros, pivot tables, VLOOKUP, etc.).
For more details to apply, Click here!
Officer, Markets Support Analyst, India, Global Markets Operations – India
Job Responsibilities
Support Exposure Monitoring for OTC FX Contracts, Option Contracts and foreign Currency
Derivatives and be a support to the Corporate FX as well Option/Derivative Desk.
Well versed with OTC FX Processing.
Ensure accurate processing of 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.
Required Skills
Experience in back-office processes relating to all Treasury products especially FX.
Knowledge of settlement of FX Contracts.
Strong understanding of accounting principles.
Knowledge of regulations governing the OTC FX Market.
Good knowledge of Excel.
Ensure timelines on the tasks at the desk.
Ability to work against stiff deadlines and manage work pressure.
Desired Skills
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
Excels in working among diverse viewpoints to determine the best path forward.
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve.
For more details to apply, Click here!
Operations Representative, India, Global Markets Operations – Mumbai
Job Responsibilities:
Ensuring daily margin calls are confirmed with the counterparties and processed in internal system as per agreed terms.
Preparation and settlement of collaterals on same day or as per contracted timeline.
Escalate disputes to internal reconciliation teams in timely manner and liaison with clients for necessary investigations. Coordinate with regional collateral teams and counterparty for smooth processing of collateral process.
Ensure compliance to relevant collateral terms/regulations.
Requirements:∙
Presentable and confident with good communication skills to manage conversations with clients and other stake holders.
Ability to work under pressure in a team environment.
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
Qualifications:
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
Excels in working among diverse viewpoints to determine the best path forward
Commitment to challenging the status quo and promoting positive change
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve