Bank Of America Debt Trade Support 

Canada, Ontario, Toronto 

670915068

Job Description

This position will be responsible for supportingInstitutional/internal,Intercompany and client business. Close interaction with Trading, Sales, and other Operational support groups will be required.

Responsibilities

• Providing transaction support for traders to reduce risk and timing delays on both client and proprietary trades processing

• Providing risk control on client exposure via marks, collateral management and fail support

• Timely calculation on exposure and break investigation

Performing functions such as:

• Intercompany reconciliations

• Front end trading system to back end system position and cash reconciliations

• Trade check out, adjustments and settlement resolution

• Analyzing trade processing opportunities for improved STP

• Proactively managing client and desk inquiries, as well as improving overall relationships

• Working closely with the trading desk to ensure all trades are correctly captured and reported in the books and records

Qualifications

• Two to three years of industry experience

• University degree in Business or Finance or a related field

• Canadian Securities Course an asset

• Strong computer skills including Microsoft Access and Excel

• Sound knowledge of Canadian settlement practices, debt and equity markets, and industry regulations

• Must be able to work in a fast paced and detail oriented environment

• Strong written and oral communication skills

• Excellent organizational and time management skills

• Initiative, good judgment and attention to detail are required in ensuring timely resolution with minimal exposure

• Adept at problem solving and the ability to handle a variety of tasks simultaneously & efficiently