Analyst - GBS Mumbai, India **Job Description:** **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:** Global Markets The Global Markets Group is a market leader in providing world-class service to a wide range of clients. This team operates at the center of the world’s debt and equity markets. They provide sales and trading services, liquidity, hedging strategies and industry-leading insights, analytics and competitive pricing to more than 9,000 institutional clients across six continents. The Global Equities group includes Institutional Derivatives Sales, Derivative and Convertible Trading, Institutional Equity Sales, Equity Trading, Electronic Trading Services, Prime Brokerage and OTC Trading. Global Equities provides marketing, structuring and trading of listed and customized equity products for its clients. **Job Description** Within the Global Equities team, the role includes risk management for the bank’s Equity Financing business, and will focus on Risk Management for the bank’s new and existing client portfolios for the Prime Brokerage desk Provide a broad range of risk, data and analytical support to Product desks across global locations **Responsibilities** + Create tools to monitor loans/leverage from long position of clients • Monitor value of collateral held as security declines below the loan value and client is unable to pay the deficit • Design in-house risk based margin methodologies to determine the maximum loss of a portfolio • Create scenarios based on risk parameters like liquidity, macro events, geographic mix etc., to run simulations on portfolio value Create periodic strategy notes/reports by studying historical percentiles on price, asset volatility etc. • Run sample portfolio using in-house margin methodologies and tools to generate margin report • Generate accurate risk summaries at different levels (position, client, fund, regional, global) to analyze significant changes in client portfolios • Manage and execute ad hoc projects for the risk team • Extract historical data from Bloomberg and in-house sources and run analytics to determine meaningful output + Back-test trading strategies, apply statistical analysis, research, advise and consult LOBs on the best custom risk management techniques • Build tools from scratch by using programming languages to help data and results from various sources interact with each other • Create custom analytics reports / tools by using Python, SQL and data visualization tools + Help design key strategy and sales notes for stakeholders **Requirements** • E **ducation** : Post Graduates from a top Tier University with MBA, Mathematics or Finance related major degree; post graduates from IITs with strong quant background • **Exp Rang** es: 1-3 years previous experience in Global Markets / Equities **• Foundational Skills:** Hand-on experience in Python, SQL and visualization tools • Can work well under fast paced and under pressure environment • Strong in numbers, data analytics skills • Ability to manage time effectively • Detailed oriented with strong quantitative and analytical skills • Ability to work well in a team environment with demonstrated feedback • Ability to interact with all levels of an organization; including management • Excellent verbal, written, and interpersonal communication skills • Advanced Microsoft Office skills • Ability to maintain high standards despite pressing deadlines • Ability to solve problems quickly and efficiently • Strong knowledge of general business and corporate cultures • Must have excellent judgment; independent thinker and resourceful **Desired Skills:** Prior experience in Financial Services support preferred **Experience Range** 1-3 years **Work Timings** 9:30 AM to 6:30 PM & 12:30 PM to 9:30 PM – Shift timings are subjective to change depending upon the business requirements. Associates should be flexible enough to work in the revised shifts. Propensity to work on public holidays including weekends and long hours **Job Location** Mumbai, RTP Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.