Bank Of America Officer APAC ETD Reconciliation Ops Global Markets Operations 

Singapore, Singapore 

743909547

The department has a Market Operation which comprises of Clearing, Deliveries (manages Life Cycle events), Reconciliation, Regulatory / Exchange and Process Control, Data Control, Static Data, Clearing Infrastructure Solution and Strategy. This structure is replicated globally in AMRS and EMEA, processing trading activity over 60+ global exchanges either through direct clearing memberships or third party brokers.• Responsible for reconciliation activities across APAC exchanges supported from Singapore, which include:
o Oversight of reconciliation activities
o Manage sub-ledger corrections
o Act as escalation point for issues raised by the L1 reconciliation team
o Client money break reporting
o MIS reporting
o Break management and escalation
o Investigate breaks and issues raised
• Continuous Improvement of the Operating Environment with regards to Straight-Through-Processing, Risk and Control
• Partner with key internal stakeholders to support strategy and policies, including new business initiatives, development and implementation of new processes and controls
• Ensure compliance of reconciliation operations to internal policies and relevant rules and regulations
• Engage with Operation and Technology teams, including Global Business Services (GBS), to ensure smooth reconciliation operations
• Owning risk agenda for ETD, including governance, control and process reviews
• Ability to connect with other regions within Global Market Operations and Compliance to ensure consistent awareness of changing regulatory environment• Excellent communication, effective with peers and senior management
• Strength in identifying and implementing solutions for process improvement
• Attention to details and strong analytical abilities to interpret and resolve complex issues and queries
• Promote collaboration within Global Market Operations to achieve desired results as a group
• Proficient in exchange traded derivatives and related client money regulations
• Futures industry experience working for a FCM, Exchange, Clearing House or Regulator
• Experience using SunGard GMI system is preferred, as well as experience with reconciliation systems