Bank of America Freshers Team Lead Recruitment to manage and guide a crew of entry-stage specialists. The role entails overseeing each day’s operations, ensuring fine and compliance standards, and supporting the crew in assembly performance targets. The best candidate ought to have robust leadership, verbal exchange, and problem-solving abilities. Prior enjoy in a supervisory role and know-how of the banking or economic services enterprise is preferred. This function offers the possibility to broaden and mentor new expertise in a collaborative environment.
- Role: Team Lead
- Location: Gurugram, Haryana
- Company: Bank of America
- Salary: Not Disclosed
- Qualifications: Master’s degree
- Experience: 0 to 3 years
- Employment Type: Full Time, Permanent
Job Description:
The Team Lead at Bank of America oversees the daily manufacturing and shipping of Profit and Loss (P&L) reviews, making sure wonderful analysis and reconciliation of figures. This role entails collaboration with buying and selling desks, dealing with month-stop controls, and mentoring junior team participants. Candidates need to own robust communique abilities, a finance-related diploma, and experience in a high-strain environment, aiming to beautify operational efficiency and resolve problems correctly.
Responsibilities:
1. Daily P&L Production:
- Responsible for producing and delivering each day Profit and Loss (P&L) reviews to the Front Office and Senior Management.
- Provide exceptional evaluation and causes concerning issues and revenue drivers.
2. Reconciliation Tasks:
- Reconcile real P&L figures with trader estimates.
- Conduct variance analysis between flash and actual outcomes.
3. Collaboration:
- Work carefully with buying and selling desks on ad-hoc issues regarding positions and P&L.
- Engage with a couple of commercial enterprise companions which include Technology, Market Risk, Credit Risk, and Finance to cope with queries and clear up issues.
4. Month-End Controls:
Assist in executing month-cease controls, ensuring variances between control and monetary P&L stay inside proper thresholds.
5. Process Development:
Continuously enhance present processes and workflows to decorate operational efficiency.
6. System Testing:
Conduct User Acceptance Testing (UAT) for each minor device update and fundamental implementation.
7. Issue Remediation:
Address and remediate issues independently while adhering to govern concepts to mitigate operational chance.
8. Effective Communication:
Communicate efficaciously with senior management regarding troubles and make certain well-timed escalation as wanted.
9. Mentorship:
Mentor junior group participants, imparting guidance and oversight on workflow and troubles.
Requirements:
Education:
- A Master’s diploma in Finance, Mathematics, or associated fields is favored.
- Additional qualifications along with Chartered Accountant, CFA, CPA, or FRM are appropriate.
Experience:
- Candidates ought to have 0 to a few years of applicable enjoy.
- Strong understanding of products and P&L management, with experience throughout more than one desk.
Skills:
1. Foundational Skills:
- Strong communique competencies with talent in English.
- Time management and organizational skills.
2. Desired Skills:
- Ability to thrive in high-strain environments.
- Initiative in tough current processes and processes.
- Strong group collaboration competencies.
- Independent problem analysis and problem-fixing abilities.
3. Technical Skills:
Proficient in Microsoft Excel, together with troubleshooting spreadsheet troubles.
Work Environment and Timing:
Work Timings: 07:30 AM to 05:30 PM
Benefits:
- Competitive Compensation: Bank of America offers attractive salaries and bonuses, reflecting the importance of the Team Lead function in monetary operations.
- Career Development: The position consists of mentorship opportunities and get right of entry to to training packages, fostering expert boom and skill enhancement.
- Work-Life Balance: With dependent work hours and supportive surroundings, employees can preserve wholesome stability among their professional and personal lives.
- Diverse Work Environment: Employees work in a dynamic and inclusive place of work that values variety and collaboration amongst groups.
- Comprehensive Benefits Package: Bank of America provides a robust advantages bundle, which includes medical health insurance, retirement plans, and well-being programs, ensuring personnel’ average properly-being.
Bank of America Freshers Team Lead Recruitment: Apply Here
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