
Job Description:
Job Title: Agreements Data Quality Associate
Corporate Title: Up to VP
Location: Chester
Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Role Description:
This position is responsible for complex activities supporting the assignment, sourcing, gathering, and movement of trading master agreement data. You will have end-to-end ownership of issue resolution, work with multiple organizations and product specializations, and ensure procedures are clearly documented and up to date. The role will help steer projects to support new regulations and to simplify our process. The incumbent will occasionally need to create executive-level reports and presentations and provide deep subject matter expertise to the consumers of the data.
The Agreement Data Quality team is responsible for the completeness and accuracy of trading agreement data (i.e. for ISDAs and CSAs, Prime Brokerage Agreements, Futures and Options Agreements, GMRAs, GMSLAs, etc) and various regulatory protocols (EMIR, UMR, etc) to get clients good to trade. This role provides an opportunity to handle the daily flow of newly-signed agreements and also to manage projects to clean existing data. Working within the Agreement Data Quality team (ADQ) you will undertake reviews of Legal,
Business and Credit key terms summarized within the banks internal trading agreement repository.
To carry out the responsibilities, the ideal candidate will have past exposure to agreement and/or eligible collateral data. The work is hands-on processing of the agreements, to develop deep knowledge of where and why data quality errors occur and how they can be prevented with systematic validations. You will also learn how data processes can be made more efficient, and how the understanding of complex data by the consumers can be improved.
Responsibilities Include:
What we are looking for:
Bank of America
Good conduct and sound judgment are 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 opportunity 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.
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