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FDCO Trade Control Regulatory Reporting - NYC

New York, New York

Job Description:

FDCO Overview
The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.
Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Job Description
The role sits within the Horizontal Services team in FDCO Trade Control which covers several centralised processed and has daily oversight responsibilities of several reporting obligations for Bank Of America including FINRA TRACE reporting (live reporting of in scope securities transactions), the GSD blotter (keeping a blotter that can be queried at any time of in scope securities transactions), and FRY-15 (a regular volume reporting process). In addition there is constant change driven internally for process improvement and externally through regulatory change that must be addressed.

Responsibilities

Report ownership including understanding full reporting and control infrastructure and requirements
- Monitoring control processes for these reports
- Provide metrics on performance of these processes
- Taking action on any issues identified, both to escalate and resolve, in conjunction with technology and other partners
- Working to respond to regulatory queries
- Preparing for and participating in audit reviews
- Constant process review to look improvement either to drive efficiency or increase control

Requirements

Knowledge of these reports or regulatory processes a benefit
- Data analysis skills (excel or other tools such as Alteryx)
- Self motivated and deadline focused

Other Qualifications

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

Job Band:

H5

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Mon-Fri, 8am-5pm

Referral Bonus Amount:

0

Job Description:

FDCO Overview
The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.
Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

Job Description
The role sits within the Horizontal Services team in FDCO Trade Control which covers several centralised processed and has daily oversight responsibilities of several reporting obligations for Bank Of America including FINRA TRACE reporting (live reporting of in scope securities transactions), the GSD blotter (keeping a blotter that can be queried at any time of in scope securities transactions), and FRY-15 (a regular volume reporting process). In addition there is constant change driven internally for process improvement and externally through regulatory change that must be addressed.

Responsibilities

Report ownership including understanding full reporting and control infrastructure and requirements
- Monitoring control processes for these reports
- Provide metrics on performance of these processes
- Taking action on any issues identified, both to escalate and resolve, in conjunction with technology and other partners
- Working to respond to regulatory queries
- Preparing for and participating in audit reviews
- Constant process review to look improvement either to drive efficiency or increase control

Requirements

Knowledge of these reports or regulatory processes a benefit
- Data analysis skills (excel or other tools such as Alteryx)
- Self motivated and deadline focused

Other Qualifications

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

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-21067675

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Javier Flores

Referral Bonus:

0

Street Address

Primary Location:
1133 Ave of the Americas, NY, New York, 10036