Bank Of America Markets Support Analyst 

United States, Illinois, Chicago 

750067053

ETD Operations supports:

• Execution, clearing and allocation of trades and position transfers to the highest quality standards
• Futures and Options position life cycle management including option exercise and assignments, physical deliveries, expirations, last trade date monitoring, long date reporting, open interest adjustments and regulator inquires
• Daily Reconciliations and exception resolution, maintaining the integrity of the sub ledger for Listed and OTC Futures and Options product
• Non-Financial Regulatory Reporting to Futures Exchanges and Regulators
• Ensuring compliance with regulatory and industry mandates across 15 Legal Entities
• Production of reports and information required to comply with regulatory requirements and internal control policies
• Researching and resolving problems within the line of business
• Day-to-day analysis, research, and resolution of varied problems

Roles & Responsibilities :

• Process option exercise and assignments, physical deliveries, expirations, last trade date monitoring, long date reporting, open interest adjustments
• Respond to regulator inquires as raised (in partnership with OR&C, GCOR and Regulatory Relations
• Assist with improving controls associated with lifecycle event processing.
• Assist with the development and automation of various metrics utilized for management reporting.
• Assist with various initiatives impacting the lifecycle event processing team.
• Work with different teams to standardize processes and streamline functions.
• Provide assistance to senior management with various initiatives and asks.

Required Qualifications:

• Confident communicator who proactively identifies and raises risks and issues
• Flexible in adjusting to demands and challenges, with ability to work at a fast pace, in a high-volume environment and meet tight deadlines
• Experience and commitment to identify and drive improvements to existing processes.
• Strives to bring new thoughts and ideas to teams to drive innovation and unique solutions
• Instance credibility across the team bringing minimum 5-year experience of Exchange Traded Derivatives Operations, with prior experience in either a clearing, or position lifecycle management team and knowledge of industry rules, regulations, and business practices
• Experience of using an Exchange Traded Derivatives clearing platform and / or Exchange GUIs.
• Experience with GMI platform would be desirable but not essential
  Strong communication, partnership and relationship building skills

Desired Qualifications:

• Candidate should be intellectually curious and understand what drives processes, with ability to assess risk, propose design of effective controls and implement to plan to streamline existing processes.
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

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)