Bank Of America Trade Support Retail Mortgage 

Canada, Ontario, Toronto 

747995723

Job Description

This position will be responsible for supportingIntercompany 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