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.
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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 Banking and Markets supports global businesses of the Bank with solutions requiring judgment application, sound business understanding and analytical perspective. The domain experience in the areas of Financial Research & Analysis, Risk Management and Prospecting Support provide solutions for revenue enhancement, risk mitigation and cost optimization. The division comprising of highly qualified associates operates from three locations i.e, Mumbai, Gurgaon & Hyderabad
Job Description*
A division of Global Payments Solutions at Bank of America, Bid Management team designs, delivers and services integrated credit and treasury products to more than 140,000 clients around the world, including small businesses, middle-market and large corporations, multi-nationals, financial institutions and governments. These solutions, distributed through Bid Managers, include business and corporate lending, global payments and liquidity management, commercial card services, trade finance, foreign exchange, lines of credit and equipment finance solutions.
As an extended part of the Bid Management team , we are required to manage and produce high quality proposals (RFIs, RFPs, RFx, ITTs, PQQs, DDQ, and other Client Questionnaires) across AMRS, EMEA, APAC and LATAM Global Transaction Services (GTS) covering Cash and Liquidity Management, Trade Finance (SCF, BGs, LCs), Corporate Cards, and USD/EUR/GBP Clearing for FIs.
Responsibilities
Candidate will be responsible for working on following;
- Prepare first drafts proposals for sales and Bid Managers
- Preparing and managing e2e Due Diligence Questionnaire
- Understanding requirements of RFPs and DDQs from Large Corporate, Financial Institutions, and Middle Market segments
- Contribute towards addition or curating content used in RFPs or DDQs
- Focus on global opportunities that require coordination across regions and products
- Work across the regions to drive coordination related to global initiatives
- Create culture of constant process improvement, best practice sharing, and professional growth
- Ensure compliance with all RFP requirements and bank policies
- Complete deal and month-end routines (properly transitioning deals, win/loss tracking, survey follow-up)
Requirements
- Education
- Master in Business Management, Accounting, Finance or Economics
- Experience of working with senior management and writers
- Certifications If Any
- APMP Certification (good to have)
- Experience Range
- 7-10 years of experience in financial services industry, preferably in Commercial or Corporate Banking
- 6-8 years of experience driving global and regional deals independently
- Foundational skills
- Expert knowledge of treasury products across receivables, payables and liquidity solutions
- Understanding of Large Corporate, Financial Institutions, and / or Middle Market client segments
- Strong project management skills with the ability to handle multiple competing priorities
- Strong written communication skills with ability to produce targeted pitches; thorough command over grammar and writing techniques
- Strong partnering, relationship management and influencing skills across all levels of the organization
- Expert knowledge of MS Word with ability to incorporate effective graphics and visual elements
- Superior critical thinking skills and self-starter
- Desired skills
- Excellent writing and comprehension skills
- Meticulous, team player and able to perform under pressure
- Ability to prioritize work and meet deadlines and work in a highly project based environment
- Proactive in nature, assertive, and has excellent attention to details.
- Initiative and client-focus (will understand and promote focus on client-service and will be proactive in managing client/LOB relationships)
- Proven ability to work independently, cooperatively as a member of a team and to coordinate efforts and collaborate with LOB partner
- Ability to interpret reports and make recommendations
Work Location: Hyderabad
Work Timings
Process Timings: 11:00 AM to 20:00 PM (but need to be flexible most of the times)