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Operations Analyst

Toronto, Canada

Job Description:

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. 


The Operations Analyst performs key regulatory functions to ensure Operations and maintains the highest regulatory reporting standards.


  • Performing regulatory control functions within Canada Operations, inclusive of Electronic Funds Transfers (EFTs) and Large Cash Transactions (LCTRs) reporting to FINTRAC (regulators)
  • Performing OFAC/OSFI sanctions screening determined by Global Economic Sanctions
  • Working closely with Canada Anti Money Laundering (AML) Compliance
  • Processing audit confirmations
  • Perform User and Performance Acceptance Testing as required
  • Other regulatory-related duties/functions as assigned to department


  • Three to five years of experience in regulatory reporting for financial institutions
  • Working knowledge of AS400/GBS Applications
  • Understanding of payment process, SWIFT messages, and Canadian clearing systems/rules
  • Risk Management exposure
  • Excellent communication, analytical and problem solving skills
  • Proficiency with Excel, Word, and MS Office system
  • Ability to meet established deadlines in a fast-paced environment
  • Availability to work various shifts overtime and statutory holidays
  • Willingness to learn and take on new tasks
  • Post-Secondary education preferred

What Bank of America Merrill Lynch Offers

Bank of America Merrill Lynch embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Merrill Lynch for our clients, our shareholders and our employees.

Bank of America Merrill Lynch places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America Merrill Lynch is an Equal Opportunity Employer.

Bank of America Merrill Lynch encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.

Learn more about this role

Full time


Manages People:


Talent Acquisition Contact:

Referral Bonus:

Check out the Toronto office

Located in Canada’s financial capital, we’re connected via the PATH underground network to hotels, shopping and major attractions like the CN Tower and the Hockey Hall of Fame.

Close-up side shot of the words Bank of America Merrill Lynch on outside office wall

Street Address

Primary Location:
181 BAY ST, Toronto, M5J 2V8