MO Trade Control Analyst MKTS - Equities

Bank of America • New York City, NY

Company

Bank of America

Location

New York City, NY

Type

Full Time

Job Description

Job Description:
Job Description
As part of the Americas Equity Trade Control team, the candidate will be responsible for maintaining reconciliations and providing operational trade support across an exciting and fast paced set of Equities businesses. This individual will partner closely with broader Global Operations and Global Markets teams to deliver operational support and ensure key controls across the lifecycle of a trade. This role provides direct exposure to several lines of business and is uniquely positioned within Global Markets Operations to influence front to back operational processes, improve controls and drive change.
Responsibilities:• Perform critical operational functions including reconciliations, equity swaps and derivatives lifecycle management, corporate action processing, trade allocations and amendments• Responsible for the analysis and resolution of a wide variety of complex products that may require special handling or exception reporting• Manage ad hoc requests from trading, sales and client(s) with tight timelines• Collaborate across Global Markets teams (ops, trading, sales, risk, credit, COOs, legal, compliance, technology) to resolve issues quickly and minimize risk impact• Proactively identify improvement opportunities to increase efficiencies, reduce risk and support strategic initiatives• Partner with global peers in to ensure seamless and consistent global front to back support model and best practices• Leverage understanding of the performance drivers for the GBAM businesses to create value add analysis and lead strategic insights• Maintain trading book, instrument, firm and client reference data
Required Skills: (Must have these skills to be minimally qualified)
• Understands operational activities related to Trade Support functions
• Attention to detail and a control mindset• Intellectually curious, takes initiative, and operates with urgency • Advanced knowledge of Excel and MS Office suite• Ability to work well in a team environment• Ability to multi-tasking and work in a high pressured environment• Demonstrated ability to drive change and tasks to completion• Excellent written and verbal communication/presentation skills
Desired Skills and Experience: • Enthusiastic, keen to learn and quick to gain an understanding of complex issues and concepts • Understands operational activities related to Trade Support functions• Bachelor degree or substantially equivalent business experience required• General knowledge of operational processing and risk control skills including the ability to build well-controlled spreadsheets and source appropriate and meaningful data• Self-starter with outstanding problem solving skills. Excels at 'getting things done' with minimal direction.• Take responsibility for delivering high quality work• Ability to thrive in a dynamic, team-oriented environment - both work closely with senior members of the team and work independently
Other 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• 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• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay and benefits information
New York pay range:
$ 31.00 - $ 45.00 hourly pay, offers to be determined based on experience, education and skill set.
Predictable pay
This role is compensated with a base salary and is not incentive eligible.
Benefits
This role is currently benefits eligible . We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.
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Date Posted

09/23/2023

Views

6

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