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Ops Sr Analyst MKTS - ETD AMRS Operation Control

Chicago, Illinois

Job Description:

This position is part of the AMRS Operation Control team (Exchange Traded Derivatives Group) at Bank of America Securities, Inc. The ETD AMRS Operation Control team is responsible for in-line operation control routines and monthly reconciliation attestation. This position is primarily responsible for performing quality assurance tests and reporting to the Control Lead and manager. This position plays a key role in reviewing operational processes and mitigating operational risk. The role provides a wide range of exposure to different areas of listed derivatives ranging from ETD Operations, Finance, Front Office and Operation Support Teams.

Responsibilities:

• Non-Financial Regulatory Report Daily Review: Daily monitoring of the 13 NFRR ETD Report submissions.
• Audit Response Support: Coordinate and consolidate Ops Audit Responses.
• Exchange/Regulatory Change review: Daily monitoring of exchange notices and reporting any exchange or regulatory change that might impact ETD Operations.
• In-Line Risk Assessments: Annual Process reviews of each of the Operation teams.
• Process Control Inventory Reviews: Annual review of the enterprise process control standards.
• Federal/State tax monitoring, withholding and remittance: Daily & Monthly monitoring of Chapter 3, 4 & 61 / 871M (2019) withholding activity.
• Quality Assurance Testing: Perform Daily/Monthly comprehensive QA test across all of ETD AMRS Operation.
• Reconciliation Control Ownership: Ownership and review of 1000+ ETD Reconciliations and signoff.


Qualifications/Key Attributes:

• Previous experience in an audit or risk control type function is preferred but not required.
• Previous experience using FIS GMI system preferred but not required.
• Understanding of basic accounting principals.
• Strong proficiency in Microsoft Excel is a requirement.
• Above average analytical skills to analyze large data sets and understand enterprise risk standards.
• Exposure to running queries in Microsoft Access/SQL/GMI is preferred but not required.
• Candidate must have an understanding of accounting including journal entries and account reconciliations.
• Exhibit strong communication skills.
• Ability to perform tasks without immediate supervision and take ownership of assigned tasks.


Core Skills & Competencies:
• Strong problem solving skills, resilient in finding solutions.
• Strong technical skills specifically in GMI, Excel and Power Point.
• Ability to balance ongoing responsibilities with initiatives/projects.

Job Band:

H6

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

This position is part of the AMRS Operation Control team (Exchange Traded Derivatives Group) at Bank of America Securities, Inc. The ETD AMRS Operation Control team is responsible for in-line operation control routines and monthly reconciliation attestation. This position is primarily responsible for performing quality assurance tests and reporting to the Control Lead and manager. This position plays a key role in reviewing operational processes and mitigating operational risk. The role provides a wide range of exposure to different areas of listed derivatives ranging from ETD Operations, Finance, Front Office and Operation Support Teams.

Responsibilities:

• Non-Financial Regulatory Report Daily Review: Daily monitoring of the 13 NFRR ETD Report submissions.
• Audit Response Support: Coordinate and consolidate Ops Audit Responses.
• Exchange/Regulatory Change review: Daily monitoring of exchange notices and reporting any exchange or regulatory change that might impact ETD Operations.
• In-Line Risk Assessments: Annual Process reviews of each of the Operation teams.
• Process Control Inventory Reviews: Annual review of the enterprise process control standards.
• Federal/State tax monitoring, withholding and remittance: Daily & Monthly monitoring of Chapter 3, 4 & 61 / 871M (2019) withholding activity.
• Quality Assurance Testing: Perform Daily/Monthly comprehensive QA test across all of ETD AMRS Operation.
• Reconciliation Control Ownership: Ownership and review of 1000+ ETD Reconciliations and signoff.


Qualifications/Key Attributes:

• Previous experience in an audit or risk control type function is preferred but not required.
• Previous experience using FIS GMI system preferred but not required.
• Understanding of basic accounting principals.
• Strong proficiency in Microsoft Excel is a requirement.
• Above average analytical skills to analyze large data sets and understand enterprise risk standards.
• Exposure to running queries in Microsoft Access/SQL/GMI is preferred but not required.
• Candidate must have an understanding of accounting including journal entries and account reconciliations.
• Exhibit strong communication skills.
• Ability to perform tasks without immediate supervision and take ownership of assigned tasks.


Core Skills & Competencies:
• Strong problem solving skills, resilient in finding solutions.
• Strong technical skills specifically in GMI, Excel and Power Point.
• Ability to balance ongoing responsibilities with initiatives/projects.

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21049203

Band: H6

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Erika Bennett

Referral Bonus:

0

Street Address

Primary Location:
540 W Madison St, IL, Chicago, 60661