Global Corporate Treasury Trade Support -Global Operations -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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

Job Description:
This job is responsible for providing operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business through the lifecycle of a trade.

Key responsibilities include handling trading and operational activities before deadlines, maintaining internal systems and providing operational support to internal partners.

Job expectations include maintaining a high degree of accuracy with customers and data to ensure compliance with regulations and policies.

The successful candidate will work closely with the Corporate Investments and Corporate Treasury trading desks to ensure accurate trade capture, substantiation and reporting.

There will also be the opportunity to be involved in enterprise wide trade control initiatives to automate, simplify and improve the team processes. 

The associate will also perform trade analytics to resolve trade queries and measure and control the day-to-day operating environment.

The candidate will be responsible for reconciliations and event monitoring for derivatives as well as supporting FX, interest rate derivatives, and fixed income.

In addition to the Front Office, the candidate will work closely with Finance, Back Office, Technology and other support partners.  

Responsibilities:

• Performs set-up and maintenance of core data across client, account, instrument, and agreement data, and oversees data quality within key data platforms
• Ensures transactions are completed in an accurate and timely manner
• Conducts daily monitoring of client trading activity across multiple markets, servicing clients' needs
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties, including reconciliation management and governance of trade fails and breaks
• Performs tasks accurately during high volume periods in a team environment
• Identifies and flags potential risks in a timely manner
• Perform reconciliations and event monitoring for in scope trades.
• Perform trade maintenance as required (e.g. lifecycle events, amendments) and ensuring trades feed to downstream systems as expected
• Dealing with trade queries – work closely with Front Office, Back Office and other stakeholders to investigate and resolve trade booking issues, breaks and/or failed trades
• Perform basic trade analytics to resolve trade queries
• Production of daily reports – distribute daily reports to the Trading desk, Business Partners and Senior Management (requiring a high level of attention to detail)
• Resolve queries – Investigate any issues raised to the team, liaising with Front Office, Back Office, Finance and/or the client as necessary.

Required Skills:

• Attention to Detail
• Coachability
• Collaboration
• Customer and Client Focus
• Oral Communications
• Prioritization
• Active Listening
• Adaptability
• Business Acumen
• Client Management
• Data Collection and Entry

Additional nice to have skills:

• Metrics management and reporting
• Extensive work with data systems, databases and spreadsheets.
• Proficient in SQL and VBA; knowledge of CIDW would be a plus.
• Ability to quickly learn new applications and trade capture platforms.
• Solid understanding of FX, fixed income, and derivative instruments.

Shift:

Hours Per Week: