Reconciliation Operations - Global Markets Operations - Global Operations

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Summary:

This job is responsible for providing standard research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Position will support the Global Accounting & Reconciliation Team within Global Operations Shared Operations. Functions include but are not limited to: preparation of daily / monthly reconciliations including month-end balance sheet attestation. Partake in tactical and strategic projects focused on improving the reconciliation space, executing controls to reduce risk across the recon utility, and overall support of the operating model.

Responsibilities:
• Serve as a reconciliation team member contributing to daily BAU production work through the completion of responsible reconciliations.
• Contribute to reducing risks and driving  operational excellence in the reconciliation space including but not limited to:
        • Initiatives involving automation & streamlining of processes to reduce time spend and improve the overall reconciliation experience
        • Deep dive analysis of reconciliations and related processes to identify issues and areas of improvement
        • Operational Excellence initiatives related to the implementation of workflow and reconciliation tools aimed at streamlining daily recon production and break management workflows

Required Skills:  
• Experience with reconciliation systems
• Intermediate Excel experience
• Strong communication skills (written and verbal)
• Demonstrated ability to problem solve
• Ability to work under pressure in a team environment
• Demonstrated experience liaising and working across various teams
• Self-motivated and inquisitive

• Successful candidate will be able to manage own time, prioritize to meet tight deadlines and know when to escalate.
• Strong focus on attention to detail
• Demonstrated ability to manage multiple priorities/tasks
• Demonstrated ability/willingness to continuously learn on the job

Skills:

·         Critical Thinking

·         Data Collection and Entry

·         Recording/Organizing Information

·         Research

·         Fraud Management

·         Interpret Relevant Laws, Rules, and Regulations

·         Problem Solving

·         Quality Assurance

·         Risk Management

·         Adaptability

·         Customer and Client Focus

·         Prioritization

·         Result Orientation

Shift:

Hours Per Week: