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Commodity Confirmation Analyst

Chester, , United Kingdom

Job Description:

Job Title: Commodity Confirmation Analyst

Corporate Title: Officer

Location: Chester

Role Description:

  • Review and resolve discrepancies on incoming confirmations from counterparties and electronic matching platforms.  
  • Measure trending client behaviours to identify candidates for automated confirmation processes.  - Review incoming confirmations 
  • Collaborate closely with Sales, Trading and Trade Control to ensure proper trade terms are captured on confirmations - Identify discrepancies, perform all necessary investigation, and resolve disputes relating to the confirmation
  • Communicate regularly with clients to ensure timely execution of confirmations
  • Work in conjunction with team members to develop and maintain globally consistent documentation process
  • Cover multiple locations and commodities within the bank for accurate coverage and review

The Team:

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.

Core Skills:

  • Must be client focused with proven track record of excellent communications and interpersonal skills
  • Ability to manage multiple priorities and task with minimal oversight and supervision
  • Requires assertive and acute attention to detail
  • Previous experience with drafting and reviewing confirmations preferable but not required

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H6

Shift: 

Hours Per Week:

0

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: Commodity Confirmation Analyst

Corporate Title: Officer

Location: Chester

Role Description:

  • Review and resolve discrepancies on incoming confirmations from counterparties and electronic matching platforms.  
  • Measure trending client behaviours to identify candidates for automated confirmation processes.  - Review incoming confirmations 
  • Collaborate closely with Sales, Trading and Trade Control to ensure proper trade terms are captured on confirmations - Identify discrepancies, perform all necessary investigation, and resolve disputes relating to the confirmation
  • Communicate regularly with clients to ensure timely execution of confirmations
  • Work in conjunction with team members to develop and maintain globally consistent documentation process
  • Cover multiple locations and commodities within the bank for accurate coverage and review

The Team:

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.

Core Skills:

  • Must be client focused with proven track record of excellent communications and interpersonal skills
  • Ability to manage multiple priorities and task with minimal oversight and supervision
  • Requires assertive and acute attention to detail
  • Previous experience with drafting and reviewing confirmations preferable but not required

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-22040552

Band: H6

Manages People:

Manager:

Talent Acquisition Contact:

Thomas Stevens

Referral Bonus:

0

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE