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Senior Software Engineer

8 days ago: Bank of America

Job Description

Job Description:

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

Bank of America is one of the world’s leading 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. 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.

We are a part of the Global Business Services which delivers technology and operations capabilities to all Bank of America lines of business (LOB) and enterprise functions. Global Business Services also oversees the firm’s technology resourcing vendors.

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 individuals, businesses and institutional investors we serve worldwide.

* BA Continuum is a nonbank subsidiary of Bank of America, part of Global Business Services in the bank.

Process Overview*

The eCTO Risk and Finance Technology Application Production Support (eCTO RFT APS PS) team provides technology solutions to support the Chief Finance Officer, Financial Accounting, Chief Risk Officer, Corporate Investments, Secondary Marketing, Global Principal Investments, Corporate Treasury, and Enterprise Capital Management Organizations. The Risk technology teams calculates various risk metrics including Credit, Market and Liquidity Risk for the various LOBs within the bank, supports the Risk business to generate actionable insights and ensure that we stay within our Risk Limits. It also enables reporting of the data to various regulators and supports key regulatory mandates including Enterprise Stress Test and CCAR runs. The technology teams also support functions that manages the Bank’s capital and invests capital on behalf of the enterprise, manage earnings, liquidity and funding. It also supports the business which oversee mortgage servicing rights, pricing, hedging, trading and delivery of mortgage products.

Job Description*

The candidate is expected to work as a part of eCTO RFT APS organization. The candidate will be part of ECR / CCR Team which manages the production support for the Enterprise Credit Risk (ECR) and Counterparty Credit Risk (CCR) domain. The candidate will be designated SME for the Support team that manages the ECR & CCR Applications comprising of CRP, Everest, Credit Studio, Sparck IMM etc which calculate the Credit Risk / Exposure forecast by Product, Counterparty etc. requirements for the positions held by various clients and generates reports which are used to rise regulatory reporting. This reporting ensures Bank stays compliant with various Federal as well as Regional regulatory requirements like CCAR and Stress Test.

Candidate would have to pick up Batch / User Support for ECR / CCR Applications and lead from the front. He / She should have minimum 4 years of prior experience overall with about 2 years minimum in BFSI (Global Markets preferred) application Support or as a business analyst in technology.

Responsibilities*

  • Lead from front in order manage production outage (Incident / Problem Management) and ensure proper communications are sent out in time.
  • Understand the basic functionality of GRA Business and its dependent upstream requirements.
  • Ensure that the business queries are answered and resolved within defined SLA.
  • Ensure that the daily batches are running good and are completed within defined SLA's.
  • Automate the Manual work as and when required.
  • Improve the efficiency of environment by re-engineering the process to remove redundancies.
  • Build good relationship with Business users, Dev partners and other support teams.
  • Work on addition projects for improving production efficiency as well as reducing risk

Requirements*

  • Education*
    • B.E/B.TECH/MCA/B.Sc/M.Sc
  • Certifications If Any
    • Desirable to have BFSI Domain certifications (if any)
  • Experience Range*
    • Minimum 4+ Years of IT experience
    • Must have at least 2+ years of Support role including above
    • Preferable to have 2+ Years with BFSI experience
  • Mandatory skills*
    • General financial instruments knowledge (equities, fixed income, options, swaps, futures, foreign exchange) in capital markets area.
    • Hands on experience in UNIX and shell scripting.
    • Hands on experience in Database (Oracle OR SQL Server OR SYBASE)
    • Experience in Job scheduling tools like Autosys or Control M
    • Experience in Monitoring tools like ITRS Geneos.
    • Aware of ITIL concepts like Incident and Problem Management.
    • Team Management experience
  • Desired skills*
    • Exposure to OO languages like Java or Python would be a plus
    • Exposure to Big Data technologies like Hadoop / MapR would be a big plus
    • Exposure to Informatica / Netezza DB Job Scheduling would be an advantage

Work Timings*

Rotational Shift: 6:30 AM – 3:30 PM IST (alternative shift 10:30 AM to 7:30 PM IST)

Job Location* Mumbai


Job Description: Overview * (Bank of America overview, BA Continuum India overview, Business Overview) Bank of America is one of the world’s leading 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. 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...