Bank of America India | Sr. Operations Manager

Responsibilities

• The team is responsible for developing analytical tools, research platforms, and quantitative models that support electronic trading strategies, transaction cost analysis, market microstructure research, and data-driven client solutions.
• The successful candidate will work closely with trading, compliance, supervisory, and quantitative teams to develop analytical tools, investigate trading patterns, support regulatory initiatives, and perform data-driven assessments of trading activity across multiple asset classes and venues.
• Build and maintain datasets combining market tick data, client trading activity, and execution records.
• Design dashboards and reporting tools supporting supervisory, compliance, and governance functions.
• Analyze market data, order data, and execution data to identify trends, exceptions, and potential control breaches.
• Support regulatory reporting, business controls, and audit-related requests through quantitative analysis and data investigation.
• Partner with Compliance, Legal, Risk, and Trading teams to address regulatory and governance requirements.
• Perform market microstructure research across lit, alternative, and dark trading venues.
• Conduct Transaction Cost Analysis (TCA) and evaluate strategy performance against benchmarks and model predictions.
• Analyze trading behavior, liquidity patterns, and market impact using both market and client trading data.
• Maintain and enhance periodic market structure and trading analytics reports.
• Respond to ad-hoc quantitative research and analytics requests.
• Work Timings*9 am to 6 pm

Requirements

• Experience Range* 9 -12 years of relevant working experience in quantitative research, electronic trading, market analytics, trading technology, or a related field.
• Experience working in financial markets, electronic trading, execution analytics, or quantitative research environments.
• Strong understanding of market data, including: Tick-by-tick market data Order book data Trade and quote data Corporate actions and reference datasets.
• Strong understanding of client trading and execution data, including: Orders Executions/Fills Trading performance metrics Transaction Cost Analysis (TCA)Quantitative & Analytical Skills.
• Experience combining market data and trading data to: Build and validate trading models Perform historical back-testing Conduct performance attribution analysis Evaluate execution quality and trading strategy effectiveness.
• Good knowledge of market microstructure, trading costs, liquidity analysis, and execution benchmarking.
• Strong quantitative, statistical, and analytical skills.
• Strong development experience in KDB+/Q.
• Proficiency in Python for data analysis and research.
• Familiarity with web technologies and web services development.
• Comfortable working in Linux/Unix environments.
• Knowledge (Preferred)Knowledge of market structure and electronic trading regulations is an advantage.
• Familiarity with regulations such as: Best Execution requirements Market Abuse Regulation (MAR) SEC/FINRA market structure rules Exchange and venue-specific trading regulations.
• Strong communication and presentation skills. Ability to explain quantitative concepts to technical and non-technical audiences.
• Strong attention to detail and problem-solving mindset.
• Ability to work effectively in a collaborative global team environment.
• Experience with SQL and database technologies.

Bank of America

Bank of America is one of the largest banks in the United States, serving individuals, businesses and institutions with banking, investing, asset management and risk-management products.

Its Indian operations and technology centres support the global bank. Finance professionals typically work in operations, financial reporting, regulatory, risk and audit roles.

• Industry: Banking and financial services
• Headquarters: Charlotte, North Carolina, USA
• In India: Corporate and investment banking, plus operations and technology centres in Mumbai, Hyderabad, Chennai and GIFT City (Gandhinagar)