Job Description
Team Leader
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 Operations &Middle Office provides operations support to the Global Markets Business of BOAML. Key Business activities include back office and middle office operations related to securities, derivatives, futures, options, currencies (fx) and commodities. Key functions include Trade Processing & settlement, Inventory Management, Cash Management, Asset Services, Collateral Management, Reconciliation, and Client & Product Data.
This role is part of Global Markets Operations and Middle office (GMOMO) – Transaction Reporting Operations
Job Description
Deliver on project commitments and goals, on-time and with agreed upon scope.
Ensure completion of UAT of sprint commitments and E2E UAT of projects on time and with agreed upon scope.
Support UAT for regulatory reporting systems like Cirrus, Insight, GMI, and Ullink, which requires functional and automated regression testing.
Deliver for business partners: FO, BO and Cirrus Development teams, MO change management teams, Regulatory Operations Control team, Business Analyst team, and senior management team.
Perform thorough testing of sprint Jiras in a timely manner.
Provide updates on test results, raise any risks, issues or failed test cases, and propose recommended solutions as needed.
Develop detailed test cases that include positive, negative, and regression test cases. Clearly document test objectives, expected results, test trade details, and actual results.
Document test cases and provide traceability back to business requirements.
Complete UAT with comprehensive test cases and accurate test results.
Attend and contribute to UAT testing calls with development and various stakeholders.
This is a very hands on role, ideal for someone with drive and willingness to learn and adapt
Responsibilities
Implements and maintains standard testing procedures and templates.
Creates and executes detailed test cases covering relevant scenarios.
Perform Test execution across different product workstreams.
Identifies and documents project risks, issues and completed milestones.
Requirements
Education: Post graduation
Experience: 5 - 7 years of Test execution experience.
Foundational Skills
Knowledge and experience with Global Markets regulations such as Dodd Frank, EMIR, and MiFID.
Solid trade processing knowledge; front, middle and back office, (FO, MO, BO).
Experience with FO trade booking systems (Rates, Credit, FX, Equities, and Commodities).
Familiarity with counter party clearing: LCH. Clearnet (London Clearing House), Chicago Mercantile Exchange, Intercontinental Exchange (ICE), CBOE, OCC highly desirable.
Strong analytical skills and experience working with large data sets in Excel.
Excellent organizational skills to track many concurrent activities.
Strong communication skills, both written and verbal.
Ability to work independently and assess relative priority among competing issues.
Desired Skills
Ability to assess and mitigate risks and dependencies.
Excellent communication and relationship building skills.
Work Timings - 12.30 PM to 0+.30 PM IST
Job Location: GIFT
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