Bank Of America Equity Derivatives Middle Office Support 

France, Ile-de-France, Paris 

310220190

Job Description

The role provides trade support across Equity Derivatives desk’s and assists with all the operational queries and bookings that are required in order to ensure client service excellence and satisfaction. The team provides a centralised contact point for the desk, sales, clients, settlements, and documentation areas to go to for resolution of operational issues that may arise. The candidate will have regular interaction with the Front Office and be expected to resolve trader related queries in a timely manner despite the highly pressured environment.

Responsibilities:

• Coupon, Early Calls and Expiry calculations for Equity Derivatives
• Corporate Action processing and review on Vanilla and Exotic Equity Trades and re-weighting of custom baskets
• Listed option exercise/assignment bookings
• Swap Resets for both Interest Rate and Equity Swaps
• Fixing Exception Reports
• Reconciliations and Reporting
• Intercompany reconciliations
• Reviewing front to back and exchange reconciliation breaks
• Swapswire reconciliation and exception review
• Fails investigation/follow up on stocks, listed products, and cash breaks.
• Expiry and Risk reports production for Front Office

Product scope – Exotic Equity and Hybrid Derivatives. Vanilla options, Interest and Equity Swaps, Futures and Securities.

Essential Skills

• Equities Experience
• Functional understanding
• Excel Skills.
• Degree or equivalent
• Good attention to detail
• Excellent Communication Skills.

France

• Competitive retirement plan in addition to State plans.
• Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family.
• Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers.
• Life and disability insurance
• Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later.
• Reimbursement of 50% of your commuter pass
• Nursery scheme for children under age 3
• Works council benefits
• Access to an Employee Assistance Programme for confidential support and help for everyday matters.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities.
• Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris”.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.