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 Global Markets businesses including Equities, 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 Work Flow, 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
Job Description FICC Trade Horizontal team is responsible for developing risk solutions utilized across business line technology teams in FICC. As we continue to onboard new businesses to remote risk aggregator ( trade horizontal framework) the demands on the scalability of the infrastructure and key components will continue to rise. The person would be responsible for design, development and end-to-end delivery of complex features to improve the scalability and efficiency of the systems and directing a globally dispersed team of developers. The team needs a senior person with experience in risk systems who can lead the development in India and work directly with the LOB technology teams. Specifically working to improve the efficiency of the risk systems by implementing software changes, and improve
Act as the "go to" expert for a given engineering competency or solution. • Defines and leads the engineering approach for solutions at the program or portfolio team including selecting the technology tool stack. • Supports/mentors/coaches team(s) on design and best practices for high code performance • Constantly looking for better ways of solving technical problems and designing the solution
Requirements Education Graduate/Bachelors/Master degree computer science or engineering
Experience Range 9 - 12 years
Foundational skills • Strong programming experience in Java. • Strong in OOPs and design patterns. • Strong in multithreading and algorithms. • Experience/ Knowledge in Agile development methodology • Experience on any distributed computing and messaging framework • Strong in business/software analysis and data analysis. • Strong problem solving and analytical skills. • The candidate should be a self-starter who can work well both independently and with a global team. • Excellent communication skills. • Financial markets business knowledge, including derivatives and FICC products is a must • Good to have knowledge of derivative functions such as pricing, risk computation and life cycling. • Good to have knowledge of various risk measures and PnL attribution in Risk framework • Good to have understanding/experience on python