AVP/VP, Markets Support Specialist (Equity Derivatives), Global Markets 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 Description

We are seeking a dynamic candidate who is quantitative, analytical, proactive, a team player, able to work under pressure and to tight time constraints and has excellent attention to detail. This position requires daily liaison with many different groups across the organization and so, candidate must have a high level of communication and interpersonal skills. This is a trade support role and the candidate must demonstrate maturity and have a good understanding in the derivatives/equity sales and trading flows. The ideal candidate is preferred to have some trade support experience in a reputable Investment Bank, especially in Equities business area, Cash and Derivatives. Experience in managing issuance and lifecycle of Structured Notes a plus. 

Responsibilities

• Provide operational sales support for derivative/swaps/cash products and regulatory reporting
• Ensure transactions are booked into the trading system timely and reconciled accurately
• Provide resolutions to breaks
• Support the Sales and Trading Desks by investigating and resolving issues and enquiries related to trade processing, bookings and breaks etc
• Work closely with other Operations and Client Services teams to ensure timely settlement of trades
• Devise proactively control procedures to prevent operational risk to the firm
• Manage ad-hoc projects and liaise with both internal/external counterparts in different regions
• Solve problems/issues with various stakeholders

Requirements

• Degree qualification is essential
• Essential Experience/Technical Knowledge: 
• Proficiency in MS Product Suite i.e. Excel, Word etc, especially medium+ Excel skills required
• VBA & SQL programming skills preferable
• Equities knowledge required with Equity Swap, Equity Derivatives, Structured Notes preferable. 
• Regulatory reporting related knowledge/experience preferable
• Internal control (Audit, Access control, Breaks investigation...etc) related knowledge/experience preferable

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