Assistant Vice President

At Bank of America, we are committed to improving financial lives through meaningful connections. Our company's foundation is Responsible Growth, guiding our actions each day to benefit our clients, teammates, communities, and shareholders. We prioritize creating an inclusive and diverse workplace, welcoming individuals from various backgrounds. We invest in our team members" well-being by providing competitive benefits that support physical, emotional, and financial health. Bank of America values collaboration and flexibility for its employees. We offer a range of options to support different roles within our organization. Joining Bank of America means embarking on a fulfilling career with opportunities for learning, growth, and making a difference. Global Business Services delivers essential Technology and Operations support to Bank of America's Lines of Business and Staff Support Functions worldwide. Operating through a centralized, globally integrated model, we are known for flawless execution, risk management, operational resiliency, excellence, and innovation. In India, we operate as BA Continuum India Private Limited (BACI), a subsidiary of Bank of America Corporation, handling the India operations of Global Business Services across five locations. The Global Banking and Markets [GBAM] Finance division focuses on providing exceptional support services, particularly in managing the relationship between trading risk positions and P&L components. We are currently seeking an individual to join the P&L production team, specifically covering the Equities trading desks. As a member of the P&L production team, your primary responsibility will involve producing and delivering daily P&L reports to the front office. You will be expected to provide insightful analysis, explanations, and address daily revenue drivers. Effective communication and time management skills are crucial for interactions with the Front Office, Middle Office, Finance, and Trade Capture teams. Key products covered will include Equity-based Structured and Exotic products. Responsibilities: - Ownership of daily and monthly processes - Production and reporting of daily P&L to Front Office & Senior Management - Reconciliation of actual P&L with trader estimates and flash/actual variance analysis - Collaboration with trading desks on position, P&L, or other issues - Front-to-Back analysis & reconciliations - Execution of month-end controls - Engagement with various business partners to resolve issues Requirements: - Postgraduate degree or Accounting qualification - 8-12 years of Industry, Finance, or Product Control experience - Strong communication, organization, and interpersonal skills - Analytical and problem-solving abilities - Ability to manage multiple tasks and responsibilities - Proficiency in Excel and accounting concepts - Familiarity with Global Market business - Experience with emerging technologies preferred Desired skills: - Ability to work in a high-pressure environment - Proactive approach to process improvement - Strong team player - Independent problem-solving skills Work Timings: - 11:30 AM to 8:30 PM Job Location: - Hyderabad / Gurugram If you are looking for a challenging yet rewarding opportunity to contribute to Responsible Growth in a dynamic environment, we invite you to join our team at Bank of America.,