13 Jun

Team Developer Jobs Vacancy in Bank America Gurgaon

Position
Team Developer
Company
Bank America
Location
Gurgaon HR
Opening
13 Jun, 2018 30+ days ago

Bank America Gurgaon urgently required following position for Team Developer. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.

Follow the online directions, complete all the necessary fields, and provide all relevant information so your application is submitted correctly. When you click the 'Apply this Job' button (open in new window) you will be taken to the online application form. Here you will be asked to provide personal and contact details, respond to employment-related questions, and show how you meet the key selection criteria.

Team Developer Jobs Vacancy in Bank America Gurgaon Jobs Details:

TEAM DEVELOPER

Gurugram, India

Job number: 18035201

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Overview * (Bank of America overview, BA Continuum India overview, Business Overview)

Bank of America is one of the world's largest 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. BA Continuum is a nonbank subsidiary of Bank of America, part of our Global Delivery Center of Expertise in the bank. Our employees help our customers and clients at every stage of their financial lives, helping them connect to what matters most. This purpose defines and unites us. Every day, we are focused on delivering value, convenience, expertise and innovation for the individuals, businesses and institutional investors we serve worldwide. We are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be the best place for people to work and aim at creating a work environment where all employees have the opportunity to achieve their goals.BA Continuum India Pvt. Ltd. supports business process, information technology and knowledge process across Consumer Banking, including Card and Home Loans, Legacy Asset Servicing, Global Banking and Markets, and Global Wealth and Investment Management lines of business at Bank of America.


Process Overview*

The India team will support the MLPFS Settlements team to facilitate various securities settlement support services for both domestic and international trades settling within Merrill Lynch Pierce, Fenner & Smith (MLPFS) but specific to the following activities


Job Description

  • MLPRO – Euroclear, FED & Repo Trades (Uploading of trades & instructions).
  • Prepare management reports for the Line of Business.
  • Processing the DTC Exceptions when the securities delivered to MLPFS does not match the corresponding receive instructions.
  • FED Settlements – Re-prices / Factor Coupon updates

Roles and Responsibilities

  • MLPRO – Euroclear, FED & Repo Trades (Uploading of trades & instructions).
  • Prepare management reports for the Line of Business
  • Processing the DTC Exceptions where the securities delivered to MLPFS does not match the corresponding receive instructions.
  • Re transmitting a Buy-in threats received form one broker to another broker and where there is no opportunity to re transmit, escalate the details to LOB immediately.
  • Sending out Buy-in Threats for Govt. securities.
  • Returns Borrows & Stock loan Advising (broker trade) – LA/CAN
  • FED Settlements – Re-prices / Factor Coupon updates
  • SPO sending and accepting via DTC.

Mandatory Skill : Securities settlements knowledge, Good understanding of Global Capital Markets especially Equities and Fixed Income


Desire skill : Good communication & investment banking knowledge


Requirements

Education

B.com/MBA


Experience Range

4 to 7 years


Work Timings

US shift timing (night shift)


Location: Gurugram

Posting Date: 13/06/2018

Location:
SECTOR 21 DUNDAHERA - TOWER - A, BUILDING - 8
  • India


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