Bank of America India | Team Developer

Responsibilities

• Global Loan Operations team manages End to end Trade life cycle for syndicated loans.
• The teams are primarily responsible for the confirmation, settlement and ongoing management of lifecycle events for positions held by global markets loan trading.
• Manage periodic rate changes, rate rollovers, advances, billing, conversions, fee, letter of credit activity and other inquiries.
• Serve as primary point of contact for request related to administration of large corporate credits.
• Responsible for accurate data input to various ancillary credit or operating systems is required e.
• Manage escalations and ensure time resolution to avoid any financial and reputational risks.
• Ensure that all intraday and end of day checklists are maintained correctly and sign-off to confirm completion of tasks.
• Setting up new credit arrangements and loans to ensure timely funding of borrowing requests.
• Work Timings: 4:00 PM – 4:30 AM IST

Requirements

• Should have understanding of secondary loan trading market.
• Able to work under pressure & tight deadlines.
• Experience Range : 5 years and above.
• Knowledge of Loan Syndication Secondary Market.
• Good to advanced knowledge of MS EXCEL.
• Knowledge of Loan IQ application

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)