Team Leader Hyderabad, India **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** Structured Products Calc Agent Team is responsible for Calculations on life cycle events and processing the Ratefix Notices that occur on Structured Products. Read the Termsheets/ Pricing Supplements of these products and discern the kind of life cycle events that occur and reconcile with Booking Systems. Team interacts with upstream to downstream groups as well as with Middle Office for any amendment or corrections.Team also interacts with External Stakeholders such as Issuers, IPA and Clearers regarding the life cycle events processed. **Job Description** Structured Products Calc Agent Team provides associates a unique opportunity to learn and understand how OTC products are built by trading in the market right from trade booking to settlement stage. It provides the candidates a flavor of how changes in the market attribute to the trading volume and the way Terms and conditions are laid out for the investors regarding cashflow payments.Calc Agent Team is responsible for Calculations on life cycle events on the Structured Products. By reading the Termsheets/ Pricing Supplements on the life cycle event date we determine what kind of event/s it could be and match our calcs with Booking Systems. Associates are required to partner/collaborate with internal and external stakeholders such as, Sales/Trading/Review Teams, Legal, Middle Office, Issuing Paying Agents etc. to ensure that all the regulatory and internal controls requirements are fulfilled in timely manner and Ratefixes are sent as per defined SLA.The associates are expected to maintain good turnaround time and accuracy across life cycle event monitoring, amendments, resolution, and factor updates. Associates are expected to understand the product types and system capabilities to ensure smooth BAU. **Responsibilities** + Work on tasks related to life cycle event of Structured Product, Fixed Income, Equity and Derivatives. + Operational support to Trading Desks/Products including: Notes, Warrants and Certificates across various programs. + The role involves liaison with Treasury, internal and external counsel, Issuers, Agents, Clearing Systems and entails the coordination of several support units ensuring that the business receives a quality one-stop service. + Perform self-review of data inputted in the back office systems. + Ability to perform in a periodically changing process + Comfortable to work in multiple systems at the same time + Eye for detail and must be procedure focused to adhere to the Policy guidelines. + Excellent organizational skills are required with the ability to prioritise workload, work accurately and efficiently under pressure. + To be flexible in their attitude and approach; have a strong desire to learn from day to day scenarios. + **Requirements** + **Education** – Graduate and Preferably MBA with Finance Background + **Certification If any** - CFA, FRM or Any Finance related certifications + **Experience Range** – Experience in a middle office support functions or operations function for derivative products with a total experience of 4+ years + **Foundation skills** + Hands on understanding of Global Markets/Investment Banking business and basic knowledge of Structured Products, Trade Life cycle events + Strong analytical skills, mathematical ability, verbal, and written communication skills + Attention for detail and must be quick learner to adapt to new systems/procedural change + **Desired skills:** + Hands on understanding of Process Controls, Risk in Global Markets, Regulations + Strong understanding of all asset classes, product line, Fixed Income and Equity products + Hands on understanding of MS Office applications + Learning agility, self-driven and ability to work under pressure and in complex environment + **Work Timings:** 13:30 to 22:30 IST (UK Shift) **Job Location: Chennai** 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. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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.