Manager Gurugram, India;Madhapur, Hyderabad **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba\_continuum/job/GURUGRAM-HARYANA/Manager\_25023983) **Job Description:** **About us*** At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! **Global Business Services** 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. **Process Overview*** Business Finance and Control (BFC) sits within the CFO Org and is mainly responsible to ensure strong financial controls along with enabling the business. The Counterparty Portfolio Management (CPM) BFC supports the CPM business, which falls under Global Markets and specifically in the Global Market FICC division. The CPM business includes 1) XVA desk which is responsible for managing the counterparty credit and Funding risk (CVA/FVA); 2) Cross Asset Structured Notes - Central Funding Desk (CFD) responsible to centrally manage and own the various exotic structured notes issued by the bank and 3) Risk Optimization Group (ROG) – which consists of Collateral trade optimization (CTO) and Risk Opt. desk. The CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness, and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controls. **Job Description*** The CPM BFC teams are responsible for assisting in Analysis & reporting of XVAs, CFD & Collateral PnL and ensuring integrity, completeness, and accuracy of PnL data. Teams work closely with CPM front office desks and support them on various other initiatives to enable the business and ensure better controls. **Responsibilities*** 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 • 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 **Requirements*** **Education*** Qualified Chartered Accountant/CPA /CFA / MBA from Tier I/II institute Certifications If Any • CFA / FRM certified candidates would be preferred • Advanced education and/or enhanced technical qualifications are a plus • Ability to use Access or VBA would enhance the candidate’s attractiveness significantly Certifications If Any **Experience Range*** 4 to 7 years **Foundational skills*** • Proficiency in MS Office Suite; expert knowledge of Excel, Word, PowerPoint. Knowledge of Visual Basic, Access databases and macros will be an added advantage. • The right individual will have strong people skills and can multi-task to manage the challenges of Finance processes yet have the awareness to escalate potential issues to their supervisor in a timely manner • Candidate must have a proven track record of communicating effectively with personnel from various areas within an organization and at different management levels • Candidate must have a good understanding of Derivative products as well as good accounting skills. **Desired skills** • Alteryx / Python / Tableau knowledge would be an added advantage • Must be proactive and be a highly motivated self-starter • Effective communication skills with English proficiency • Demonstrated ability to work in a high-pressure environment • Takes initiative and challenges existing processes and procedures in a proactive manner • Strong team player • Ability to analyze issues independently and derive solutions • Analytical skills • Inherent sense of principles of control through experience and sound judgment • Reliability **Work Timings*** 12:00 PM to 09:00 PM **Job Location*** Gurugram/Hyderabad Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.