Bank Of America Reconciliation Operations 

United States, North Carolina, Charlotte 

118291385

Job Description:

Job Description:

This job is responsible for providing standard research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Responsibilities:

• Maintains accuracy of client portfolio using internal and external comparison tools
• Performs research and conducts standard analyses using established techniques, including transactions that require special handling and exception handling
• Explores methods to enhance processes, further reduce risks, and boost client experience
• Partners with colleagues on the trade and sales support teams, as well as external agents
• Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting
• Escalates potential risks and exposures to manager in a timely manner
• Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions
• Serve as a reconciliation team member contributing to daily BAU production work through the completion of responsible reconciliations.
• Contribute to reducing risks and driving operational excellence in the reconciliation space including but not limited to:
• Initiatives involving automation & streamlining of processes to reduce time spend and improve the overall reconciliation experience
• Deep dive analysis of reconciliations and related processes to identify issues and areas of improvement
• Operational Excellence initiatives related to the implementation of workflow and reconciliation tools aimed at streamlining daily recon production and break management workflows

Required Qualifications:

Experience with reconciliation systems

• Intermediate Excel experience

• Strong communication skills (written and verbal)

• Demonstrated ability to problem solve

• Ability to work under pressure in a team environment

• Demonstrated experience liaising and working across various teams

• Self-motivated and inquisitive. Successful candidate will be able to manage own time, prioritize to meet tight deadlines and know when to escalate.

• Strong focus on attention to detail

• Demonstrated ability to manage multiple priorities/tasks

• Demonstrated ability/willingness to continuously learn on the job

Skills:

• Attention to Detail
• Critical Thinking
• Data Collection and Entry
• Recording/Organizing Information
• Research
• Fraud Management
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Quality Assurance
• Risk Management
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications

1st shift (United States of America)