Software Engineer II A - GBS IND
Bank of America
Software Engineer II A - GBS IND
Chennai, India
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**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**
Global Markets Technology & Operations provides end-to-end technology solutions for Markets business including Equity, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies. In addition, GMT&O provides Sales, Electronic Trading, Trade Workflow, Pricing, and Market Risk, Middle office, Collateral Management, Credit Risk, Post-trade confirmation, Settlement and Client service processes for Trading, Capital Markets, and Wealth Management businesses. ERTF – CFO is responsible for the technology solutions and platforms that support Chief Financial Officer (CFO) Group, including Global Financial Control, Corporate Treasury, Financial Forecasting, Enterprise Cost Management, Investor Relations and Line of Business Finance functions (BFO).
**Job Description**
The Business Analyst for the Business Finance functions (BFO) team is responsible for supporting the design, implementation, and maintenance of the technology solutions that provides end-to-end technology solutions for Markets business including Equity, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives and Structured Products. This includes the participation in projects and on demand analysis for the screening systems for customers, transactions, and counterparties, ensuring compliance with international sanctions regulations, and working closelywith compliance, risk and operations teams to continuously enhance detection effectiveness and regulatory adherence.
**Responsibilities** *****
+ Identification and analysis of a Business Need and development of one or more Alternative Business Solutions by gathering, analyzing and documenting functional and non-functional requirements
+ Translation of the Business Requirements into System Requirements, which describe what the system, process, or product must do to fulfill the business requirements
+ Make the System Requirements understandable and acceptable to IT developers, QA and UAT Analysts
+ Assist with user acceptance testing activities
+ Develops and presents artifacts describing the Business Requirements including, as appropriate: Presentations and Charts, Process Flows, Data models, Use Cases, Other Requirements Documents as appropriate to document and communicate the Requirements
+ May also be responsible for tracing the requirements during implementation to ensure that the developed system is consistent and in scope with the determined system requirements
+ Drive User Story generation across business and technology teams to support a healthy backlog of capability development within assigned project scope
+ Act quickly on issues and requests associated with business needs using the appropriate escalation path
+ Knowledge of subledger systems
+ Knowledge of Control books, cost center and Business Units for line of business
+ Liaise with various business partners such as Technology, Market Risk, Credit Risk, Operations and Finance to resolve issues / queries.
+ Partner with GBAM Finance LOB executives to evaluate current process design, identify opportunities for efficiency and drive adoption of agreed changes
**Requirements** *****
**Education***
+ Bachelor’s degree or above in Engineering /MBA
**Certificates if any: NA**
**Experience** **Range** *****
+ 6-8+ years with at least 3+ years’ experience in Global Markets
**Foundational** **skills** *****
+ 3+ years of Banking and Financial Services experience and held a finance analysis position in an international environment with extensive knowledge of working in a Global Markets.
+ Should have good understanding of financial markets, Derivatives & structured notes-their hedging, funding, credit risk etc.
+ The individual should have a proven track record of working and experience of business analysis with a comprehensive expertise in strategic planning for flawless delivery.
+ Experience coupled with a demonstrated ability to lead technology-based change.
+ Strong verbal and written communication skills, and the personal ability to collaborate, operate, and communicate effectively with a culturally diverse group of peers and colleagues.
**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** : 10:30am to 07:30pm
**Job Location:** Chennai
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.
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