Officer, Markets Support Analyst, India, Global Markets Operations

Bank of America; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Competitive benefits

Job summary

Bank of America in Mumbai seeks an FX operations professional to join the Corporate FX desk, performing trade validation, confirmations, settlements, and regulatory reporting, interfacing with clients and internal stakeholders.

The role requires familiarity with RBI regulations, 2-3 years FX ops experience, strong Excel skills, adaptability, and a proactive maker mindset. Bank offers competitive benefits and inclusive culture, with in-office collaboration and role-based flexibility.

Qualifications

• 2-3 years of foreign exchange operations experience.
• Familiarity with regulatory circulars and CCIL functioning is an advantage.
• Self-motivated and able to work independently with minimal supervision.
• Good understanding of accounting principles.
• Proficient in Microsoft Excel and comfortable with standard business tools.

Responsibilities

• Perform routine processing tasks under general supervision with minimal impact on internal and external stakeholder relationships.
• Support post execution trade processing activities, including validating trade details.
• Issue trade confirmations to counterparties and perform settlement of trades.
• Prepare and submit Regulatory Reportings and ensure compliance with internal procedures and regulatory requirements.
• Maintain accuracy and timeliness in daily deliverables while upholding service quality.
• Escalate exceptions or complex issues promptly and appropriately.
• Possess the mindset of a maker and look for process-improvement opportunities.

Skills

RBI FX regulations

Follow-up skills

Learning mindset

Adaptability

Working under pressure

Tools

Microsoft Excel

Job description

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description The candidate will be part of Corporate FX desk. Corporate FX desk performs Trade Validation, exchange of Confirations, monitoring of underlying exposure documents, FX trades settlement and is also the RP for multiple regulatory submissions. This desk entails ongoing interaction with both external clients and internal stakeholders. The candidate is essential in ensuring the continuity of client service and critical internal operations, while supporting sustainable workloads, consistent performance, and effective risk management.

Responsibilities

• Perform routine processing tasks under general supervision with minimal impact on internal and external stakeholder relationships.
• Support post execution trade processing activities, including: Validating trade details
• Issuing trade confirmations to counterparties
• Performing settlement of the trades
• Preparing and submitting Regulatory Reportings
• Ensure all trade processing adheres to internal Desktop Procedures and meets local and global regulatory requirements
• Maintain accuracy and timeliness in daily deliverables while upholding service quality
• Escalate exceptions or complex issues promptly and appropriately
• The candidate should ensure compliance with rules, laws and regulations
• The candidate would be able to perform the role of a maker.
• The candidate should look for process improvement opportunities

Requirements

• Candidate should be conversant with the RBI regulations around trading and processing of FX trades
• Strong follow up skills, demonstrating diligence, professionalism, and timely task completion
• Eagerness to learn and develop a deep understanding of the products handled by the desk
• High adaptability with the ability to take on different roles, tasks, and challenges confidently
• Ability to work effectively under pressure and manage tight deadlines

Other Qualifications

• Prior experience in Foreign Exchange operations for 2-3 years and familiarity with relevant regulatory circulars nd CCIL functioning is an advantage
• Self motivated and capable of working independently with minimal supervision, including knowing when to escape issues
• Good understanding of accounting principles
• Proficiency in Microsoft Excel and comfort with other standard business tools
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

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.

Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.