Global Markets Operations Summer Analyst Program
What we’re looking for:
Why Us?
Global Markets Operations (GMO) delivers the end-to-end support for Global Markets sales, trading and underwriting businesses, and certain shared services across securities, derivatives, foreign exchange, futures, options and commodities products for Corporate Treasury, Corporate Investment Portfolio and Global Wealth & Investment Management (GWIM) across 12 jurisdictions in Asia Pacific.
In GMO, there are 3 teams hiring: Global Data and Reporting Operations (GDRO), Global Asset Services (GAS) and Securities Core Trading Operations (SCTO):
Global Data and Reporting Operations
The Global Data and Reporting Operations (GDRO) team has horizontal responsibility across Global Markets and serves as the primary Pre-trade interface to our internal Global Markets Sales and Trading teams and clients. GDRO covers 4 main teams.
Global Asset Services
The Global Asset Services (GAS) team manages the processing of Corporate Actions (CA) events relating to Equity and Fixed Income products and work with trading desks, stock loan counterparties, affiliates, prime brokerage clients in the day-to-day operations on various tasks related to CA event life cycle starting with performing event capture / data scrubbing prior to sending notifications; collate and process clients’ instructions on elective events; reconciliation and payment release of CA cash / stock entitlements. Breaks resolution will be part of the post payment activities together with CA-related reporting. Additionally, the team manages CA associated client queries.
Securities Core Trading Operations
The Securities Core Trading Operations (SCTO) team manages the daily operations of our Global Market client base. The team handles post-trade operations and is the primary interface to Global Equities Trading partners. Teams like Trades Processing, Settlements, Stock Lending and Trade Control supports the bank’s agency and principal sales trading activity for institutional clients trading Asian markets and Asia-based clients trading Global Markets. As the primary support for the business, teams have the core objective of ensuring the accurate capture of the bank’s trading activities and subsequent confirmation and settlement of the transactions. This may include booking, enrichment and correction of trades, reconciliation, inventory management, stock borrowing, etc.
Placement of Summer Analysts varies and is determined during the hiring process where we match the business needs and the interests/skills of the Summer Analyst.
What you’ll do:
Global Data and Reporting Operations
Global Asset Services
Securities Core Trading Operations
Program Overview
The Summer program is a 10-week program designed to provide Summer Analysts with a unique opportunity to gain an exposure to life at Bank of America and also make significant contributions to the team. The Summer program begins with an orientation and induction to the firm. Summer Analysts are given a true associate experience, as assignments mirror full-time responsibility and include goal-setting and a formal review process.
About Us
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!
Connecting Asia Pacific to the World
Our Asia Pacific team is spread across 19 cities in 12 jurisdictions. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies.
Learn more about this role