Job Description

:About UsAt 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. Wexe2x80x99re 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 ServicesGlobal 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 Banking and Markets Operations supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Quantitative Modeling, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. (Overview of Role) *Agreements Data Quality (ADQ) team is part of Global Banking and Markets (GBAM) Business Support team, which supports various lines of businesses from Mumbai and Hyderabad. Qualified candidates will be a contributing member of the Agreements Data Quality team, which supports Global Banking and Markets Client Onboarding Group.ADQ is responsible for profiling of Global Banking and Markets legal agreements in ATOM- BAMLxe2x80x99s strategic global repository and workflow management tool - once the A&D Negotiation and Initial Profiling process is completed. Typical documents profiles include ISDA Master Agreements, Repurchase Agreements, Master Repurchase Agreements, Reg VM CSA etcThe prospective candidate will be an individual contributor with required skillset to execute day to day deliverables. Should have learning agility with self-driven approach towards managing expected performance for self and a good team player.This will entail the review of agreements, identifying pertinent information, and ensuring the data profiled in the system is accurate. The status of all reviews must be tracked in our system. Additionally, the employee will need to perform a variety of onboarding validations as a part of the role.Responsibilities*Analyzing legal documents encompassing agreement terms between two financial institutions/counterpartiesReporting of Negotiators performance (Top N Analysis, Ageing etc)Compiling and publishing metrics sent by Negotiators / Legal teams through Snap shots and Dashboards.Profiling key terms and conditions in BAML platformsSynthesizing documents and storing necessary information required to resolve issues pertaining to potential terminations/ litigation or regulatory matters.Liaising with onshore partners in all regions on an on-going basis to understand the evolving business needs.Strives to bring new thoughts and ideas to teams 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 xe2x80x93 is a continuous learner.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 can reflect, connect, and meet the diverse needs of our clients and employees around the world.Commitment to challenging the status quo and promoting positive change.Requirements: *Education: *Graduate/Post-Graduate (Degree in Law or Degree/Diploma/PG in Company Secretary will be an advantage)Candidates with additional Diploma in Finance will have an edgeExperience Range: *6-9 YearsCandidates with good exposure to various local law agreements will be preferred.Foundational Skills: *Strong understanding of various legal documents and contracts pertaining to Financial Services IndustryMust have a working knowledge of global markets and how margin works & Collateral.Must have knowledge of Asset classes, Sovereign Bond, Corporate Bond and an EquityKnowledge of trading agreements (ISDAs, CSAs, MSFTA. PB Agreements, Repo)Ability to comprehend abstract legal agreements- candidate should be detail oriented.Excellent Oral and Written Communication skills in English languageDesired Skills:Good working knowledge in Excel, MS Access and other MS Office tools that are used in Business ReportingStrong work ethic & Team OrientationWork Timings:01:30 PM to 2:30 AM (9 Hrs Shift in this coverage window)Prospective candidate should be Flexible to work in different shifts/time zones based on the evolving business needs.Weekend Coverage:The team currently does not work on the weekends. Candidates applying for the position should be flexible to work during the weekends if requiredJob Location: *Gurugram

Bank of America