Corp has openings in its Global Portfolio Management
practice. The position is based at our Mumbai Knowledge Services Center.
About BA Continuum Solutions
BA Continuum Solutions is a wholly owned subsidiary of Bank of America
Management Corp.
Bank of America has ambitious plans for the Mumbai Knowledge
Services Center.
The analysts working in Continuum Solutions will be an integral part
of the aligned team.
The Mumbai Knowledge Services Center provides support to the Global
Investment Banking operations in the US and provides an intellectual
environment to the US and other markets.
As a subsidiary of the bank, we have access to world class systems
and training
We also have operations at Hyderabad and our current employee
strength is nearly 1200
About Bank of America
Bank of America is a Fortune 10 company with global presence and
more than 1,75,000 associates world-wide.
Bank of America is the 3rd largest financial institution in America.
Bank of America provides international corporate financial services
to businesses in 150 countries.
Its Investment Banking operations is one the fastest growing on the
Street.
Position: Global Portfolio Management Analyst
Eligibility: Fresh MBA's (2006 batch) from Premier Institutes
About Global Portfolio Management
Global Portfolio Management is responsible for underwriting, originating
and managing the credit and market risks associated with the Global
Capital Markets & Investment Banking (GCIB) loan and trading portfolios
at the bank. The team uses cutting-edge risk management techniques to
support our commitment to reduce credit and trading loss volatility.
Portfolio managers work within the following industry groups: Consumer &
Retail, Financial Institutions, Gaming, General Industrials, Healthcare,
Media & Telecom, Natural Resources, Real Estate, and Technology.
Job Responsibilities Overview
Global Portfolio Management analysts perform intensive qualitative and
quantitative due diligence of risks faced by GCIB loan and trading
portfolios. A GPM analyst will:
* Evaluate the financial performance of BOA clients through analysis
of balance sheet / financial ratios, industry position, economic
conditions, etc. * Responsible for the accuracy of internal risk
ratings and ongoing tracking of credit quality with the objectives of
improving the credit quality and return on capital of the portfolio.
* Provide recommendations to Portfolio Managers on credit facilities
within designated limits after ensuring that they are consistent with
the underlying risk trends and the bank's credit policy guidelines.
* Manage credit commitments to ensure that they are consistent with the
bank's business needs and objectives. * Work closely with other
business groups to handle financing needs for the clients consistent
with business plans and the bank's risk appetite and policies. *
Work with experienced Portfolio Managers to evaluate risk and monitor an
industry portfolio. * Research, write and present financial and
industry analysis impacting credit decisions.
Required Skills:
* Tier 1 MBA (IIM, FMS, etc) with an IIT background (preferred) or
top-ranked CAs * 1-2 years relevant experience in Financial Service
sector (Risk Management in banks, Credit rating analysts). 2006 MBA's
can also apply * Solid technical skills, including quantitative
modeling and knowledge of US GAAP * Strong analytical and
communication skills * Strong teamwork skills
Desired Skills:
* Good knowledge of financial, risk and corporate finance centric
analysis (Corporate and FI entities) * Thorough knowledge of all
aspects of loan/credit structuring and commercial banking. *
Demonstrate significant teamwork skills, since the job will involve
interaction with associates across diverse cultural backgrounds *
Formal corporate credit training a plus * Knowledge of capital
markets products a plus
Please send your resumes to pooja.singh@bankofamerica.com
No comments:
Post a Comment