Assistant Manager
Bank of America
Assistant Manager
Gurugram, India
**To proceed with your application, you must be at least 18 years of age.**
Acknowledge
Refer a friend
**To proceed with your application, you must be at least 18 years of age.**
Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-ba\_continuum/job/GURUGRAM-HARYANA/Assistant-Manager\_25033416)
**Job Description:**
**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 Bank of America lines of business (LOB) and enterprise functions.
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***
Global Banking and Markets 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, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e, Mumbai, Gurgaon & Hyderabad.
**Job Description***
A division of Global Payments Solutions at Bank of America, Bid Management team designs, delivers and services integrated credit and treasury products to more than 140,000 clients around the world, including small businesses, middle-market and large corporations, multi-nationals, financial institutions and governments. These solutions, distributed through Bid Managers, include business and corporate lending, global payments and liquidity management, commercial card services, trade finance, foreign exchange, lines of credit and equipment finance solutions.
As an extended part of the Bid Management team, the team creates Benchmarking peer analysis and Working Capital Pitchbooks from publically available data to create reports and run the financial models based on the data available and will also work on presentations / Pitchbooks to include company and/or industry overview, SWOT analysis, Industry analysis, generic trend analysis slides and various product slides for clients.
The team also analyses client spend to determine the best opportunities for efficiencies in ESG Benchmarking, Trade finance, cost savings and cash flow benefits. Various Treasury solutions like Supply Chain Finance, Purchase cards, Virtual cards and ACH are recommended which work together to give the client and its suppliers more efficient and optimized payment options.
An associate working for the process would be expected to not only just look for the company/industry information from the published reports, but also be able to analyze and understand which data points and financial metrics are important for a particular industry. Hence, the profile requires advanced research capabilities, database knowledge, finance and economics understanding as well as analytical skills. The candidate should be able to convert factual information into a highly analytical and incisive presentation.
**Responsibilities***
Candidate will be responsible for the following:
+ The associate is responsible for working and delivering the working capital and benchmarking pitchbooks and detailed company/industry profiles
+ Associate would also be responsible to process Trade Finance analysis & Card Spend analysis
+ Industry/market research including monitoring and reporting trends
+ The associate would also be responsible to work on adhoc projects/assignments that may come up during exigencies
**Requirements***
+ **Education***
+ Masters in Accounting, Finance or Economics / CFA
+ 2-3 year work experience in financial services industry, preferably experience in Commercial or Corporate Banking
+ **Certifications If Any**
+ MBA in Finance
+ CFA (Good to have)
+ **Experience Range***
+ 3-5 years of relevant experience
+ **Foundational skills***
+ Strong knowledge of financial statements and industry indicators/ratios and picking out anomalies
+ Understanding and analyzing economic/financial information
+ Strong understanding of financial services industry
+ Ability to build and work on financial models
+ Preparing high-quality research-based Presentations which includes information such as Peer Group Analysis, Debt Capital Structure Analysis & Industry insights
+ Analytical frame of mind
+ Excellent written communication skills
+ **Desired skills***
+ Meticulous, team player and able to perform under pressure
+ Ability to prioritize work and meet deadlines and work in a highly project based environment
+ Proactive in nature, assertive, and has excellent attention to details.
+ Initiative and client-focus (will understand and promote focus on client-service and will be proactive in managing client/LOB relationships)
+ Proven ability to work independently, cooperatively as a member of a team and to coordinate efforts and collaborate with LOB partner
**Work Timings***
+ 11 AM to 8 PM
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
Por favor confirme su dirección de correo electrónico: Send Email