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Bank Of America Markets Support Analyst - Reconciliation Operations 
United States, North Carolina, Charlotte 
258498583

14.01.2025

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.

Line of Business Job Description:

Position will support the Global Markets Shared OperationsGovernance/Control/Reporting


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
  • Manage data sets in order to create new functional Reports or Dashboards of Breaks/Fails/PayRecs data.
  • Participate in tactical and strategic projects focused on process improvements and risk mitigation.
  • Perform deep dive analysis of Governance functions to identify control gaps and process improvement opportunities.
  • Compile and present GMO breaks metrics for senior management
  • Independently navigate projects/process improvements around breaks reporting to ensure we have a complete and accurate view of global breaks on a daily basis.
  • Liaise with line of business contacts to gather commentary and drive break reduction initiatives including critical analysis and deep dives to identify root cause of break volumes.

Required Qualifications:

  • Experience working with data sets and Data analytics applications (Tableau, Python, Alteryx, Excel, Etc.)
  • Experience with reconciliation systems / design
  • Presentable, confident and objective focused.Ability to conduct discussions with all levels of the organization, including senior management, in a confident manner.
  • Excellent communication skills (written and verbal) and ability to present to an audience.
  • Ability to work under pressure in a team environment.
  • Demonstrated experience liaising with and influencing all levels of the firm and people with different experiences and backgrounds.
  • Self-motivated and able to work unsupervised.Successful candidate will be able to manage own time, prioritize to meet tight deadlines and know when to escalate.
  • Detail oriented
  • Demonstrated ability to manage multiple priorities/tasks
  • Demonstrated ability/willingness to continuously learn on the job
  • Demonstrated ability to problem solve

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)