Debt Trade Support

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 an 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 position will be responsible for supporting Institutional/internal, Intercompany and client business. Close interaction with Trading, Sales, and other Operational support groups will be required.

Responsibilities

• Providing transaction support for traders to reduce risk and timing delays on both client and proprietary trades processing

• Providing  risk control on client exposure via marks, collateral management and fail support

• Timely calculation on exposure and break investigation

Performing functions such as:

• Intercompany reconciliations

• Front end trading system to back end system position and cash reconciliations

• Trade check out, adjustments and settlement resolution

• Analyzing trade processing opportunities for improved STP

• Proactively managing client and desk inquiries, as well as improving overall relationships

• Working closely with the trading desk to ensure all trades are correctly captured and reported in the books and records

Qualifications

• Two to three years of industry experience

• University degree in Business or Finance or a related field

• Canadian Securities Course an asset

• Strong computer skills including Microsoft Access and Excel

• Sound knowledge of Canadian settlement practices, debt and equity markets, and industry regulations

• Must be able to work in a fast paced and detail oriented environment

• Strong written and oral communication skills

• Excellent organizational and time management skills

• Initiative, good judgment and attention to detail are required in ensuring timely resolution with minimal exposure

• Adept at problem solving and the ability to handle a variety of tasks simultaneously & efficiently

What Bank of America Offers

Bank of America embodies a culture that extends from how we think, to how we behave, and to how we measure performance. By achieving excellence - in everything we do, every time we do it - we deliver the full value of Bank of America for our clients, our shareholders and our employees.

Bank of America places a high value on talent and on maintaining a culture defined by meritocracy. For these reasons, it is deeply committed to professional development, opportunity and accountability at all levels of the organization.

Bank of America is an Equal Opportunity Employer.

Bank of America encourages applications from all qualified individuals. Applicants with disabilities may notify us of any accommodations needed to support your participation in the recruitment process. We wish to thank all applicants for their interest and effort in applying. Please be aware that only candidates selected for interviews will be contacted for this position.