Bank Of America Markets Support Analyst 

United States, New York, New York 

551458129

Job Description:

Job Description:

This job is responsible for providing operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business through the lifecycle of a trade. 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:

• Performs set-up and maintenance of core data across client, account, instrument, and agreement data, and oversees data quality within key data platforms
• Ensures transactions are completed in an accurate and timely manner
• Provides operational support for one or more activities within the lifecycle of a trade, including trade processing, trade settlement, accounting and reconciliation, lifecycle events, and collateral management
• Conducts daily monitoring of client trading activity across multiple markets, servicing clients' needs
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties, including reconciliation management and governance of trade fails and breaks
• Performs tasks accurately during high volume periods in a team environment
• Identifies and flags potential risks in a timely manner
• 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:

• 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 verbalcommunication/presentationskills

Desired Skills:

-Math Degree Preferred

-Minimum 1 year of Middle Office or Trade Control 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

Skills:

• Collaboration
• Customer and Client Focus
• Oral Communications
• Prioritization
• Active Listening
• Adaptability
• Business Acumen
• Client Management
• Data Collection and Entry

1st shift (United States of America)