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 job is responsible for providing operational support for multiple lines of business through the lifecycle of a trade. Key product exposure includes equities, securities, loans, exchange traded derivatives and over the counter derivatives, etc. 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.
Responsibilities:
• Provides operational support for one or more activities within the lifecycle of a trade, including trade processing, trade settlement, accounting and reconciliation, lifecycle events, collateral management and corporate action.
• Ensures transactions are completed in an accurate and timely manner
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties, including reconciliation management and governance of trade fails and breaks
• Performs set-up and maintenance of core data across client, account, instrument, and agreement data, and oversees data quality within key data platforms
• Conducts daily monitoring of client trading activity across multiple markets, servicing clients' needs
• Performs tasks accurately during high volume periods in a team environment
• Identifies and flags potential risks in a timely manner
Skills:
• Relevant bachelor’s degree with at least 1-3 years of trade lifecycle support and operations in an established financial institution
• Business English competency is mandatory. Proficiency in other APAC languages would be advantageous but not required.
• Experience in at least one of the following:
o FX operations
o Equities operations
o Cash Equities operations
o Securities Lending operations
o Cash Management operations
o Reconciliation
o Corporate Action
