Senior Engineer - GBS IND

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:

Reference Data Technology is responsible for the strategy, sourcing, maintenance, and distribution of Reference Data across the Bank. It is also responsible for Global Markets Client Onboarding, Reg W, and FMU Reporting. Reference Data comprises 3 main categories - Client, Instrument and Book. Reference Data Technology is a provider of data for Front to Back Flows, Enterprise Supply Chain, Risk, Banking, GWIM and Compliance. This process includes applications which are designated as the Authorized Data Sources for some of the data domains. The data domains include but are not limited to:

Job Description

This position is for a hands on technical lead on a feature team that develops / enhances and maintains functionality related to regulatory and other requirements for applications that host Instrument / Securities reference data within the Bank. The candidate will be responsible to work closely with the local manager and team members to ensure high quality deliverables from the team on time, following all stipulated processes. He / she will also work closely with the global team members / management and stakeholders of various projects to ensure timely and high-quality delivery of work. The candidate will also adopt to a high-performance work culture in the team.

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Responsibilities:

Responsible for end-to-end delivery of complex features required for funded initiatives as well as for stretch assignments, in line with the Reference Data strategy/ road map.

Tracking multiple funded initiatives projects to closure, ensuring all processes are followed.

Providing thought leadership to the team on delivery and other aspects

Ensuring and enhancing agile adoption across the team / Oversight on the SDLC process - ensuring no breaks with the SDLC processes from GBS

Providing technical oversight of delivery of multiple initiatives

Mentoring junior members on the team on design / architecture / process / domain

Collaborating with business users, technology management and global teams on projects / deliverables as and when required

Effectively communicate with all stakeholders (written and oral) and keep them informed of the status of projects

Proactively identify issues and escalate to the right forum / contact

Work in a fast-paced environment, under minimal supervision with minimal guidance from others

Client Counterparty: Organizations, Individuals, Prospects, Contacts

Client Accounts & SSIs: Cash, Derivatives, Processing

Book: trading Books, Subledgers, Volcker classifications

Instruments: Listed Products, Cleared Products, EOD Pricing, Holiday Calendars

Traded product agreements: International Swaps Derivative Agreements (ISDA) and Credit Support Annexes (CSA), executed Futures Agreements and OTC Futures Addendums etc…

Requirements:

Education:

B.E. / B.Tech. / MCA

Certifications (if any):

OCJP certification preferred.

PMP certification preferred.

Experience Range: 14 - 18 years

Foundational Skills:

Strong knowledge of Functional Programming (Java / Scala)

Technically Strong and hands on in Java / J2EE

Solid knowledge of OOPS (Java / J2EE)

Good knowledge of RDBMS (Oracle preferred)

Good knowledge of SDLC

Proactive approach to problem solving and innovative thinking

Established track record of delivery of funded projects

Strong analytical skills

Strong communication skills

Desired Skills:

Capital Markets / Investment Banking domain

Agile development methodology

Work Timings: 11:30 AM to 8:30 PM

Job Location: Chennai

24018978