Transaction Management Ops Analyst

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 Summary:

Syndicate Operations supports multiple business units for Equities, Market Linked/Structured, High Yield Bonds, High Grade Syndicate Desks, and the ABS/MBS/CLO Teams on the operational side of the new issue process.  Follows established written procedures and guidelines, provides standard reporting and analytical support. Uses established techniques, analyzes and resolves a wide variety of moderately complex operations problems and initiatives including transactions that require special handling and/or exception handling. Employees in this role typically have a college degree (Associates or higher) or comparable work experience.  This position will involve various tasks.

Roles & Responsibilities:

• Applying for Equity or Fixed Income cusips
•  Registering new issues with FINRA, DTC and Euroclear depositories
• Setting up new issue deal in Bloomberg
• Process FED wires to fund syndicate issues
• Hosting closing calls with company council and DTC to initiate closing process
•  Determining DTC eligibility for all Lead managed deals
• Facing off with client council, depository as well as front, middle and back office    coordination through settlement
• Opportunities to develop strong business relationships with Global Core Settlements, Trade Processing, Reference Data, and other internal operational departments across the organization.  Comply with regulatory requirements.
• Understand the Escalation guidelines to promptly address and escalate financial and negative client exposure situations.  Successfully use time management skills and participate in special projects as requested by management.    
     
   

Required Qualifications:

• Min 1 year of experience in financial operations
• Strong Communicational Skills
• Proficiency in MS Office.

Desired 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.

Skills:

• Attention to Detail
• Customer and Client Focus
• Oral Communications
• Prioritization
• Problem Solving
• Account Management
• Analytical Thinking
• Coaching
• Written Communications
• Mentoring
• Research
• Result Orientation

Shift:

Hours Per Week: