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MO Trade Control Prof MKTS - Equities

MO Trade Control Prof MKTS - Equities

New York, New York

**Job Description:**

As part of the Americas Equity Trade Control team, the candidate will be responsible for providing operational trade support across an exciting and fast paced set of Equities businesses. This individual will partner closely with Sales/Trading and broader Global Markets teams to deliver operational support across the lifecycle of a trade. This role provides direct exposure to several lines of business and is uniquely positioned within Global Markets Operations to influence front to back operational processes, improve controls and drive change.

Responsibilities:

• Perform critical operational functions including equity swaps and derivatives lifecycle management, corporate action processing, trade allocations, amendments, and reconciliations

• Responsible for the analysis and resolution of a wide variety of complex products that may require special handling or exception reporting

• Manage ad hoc requests from trading, sales and client(s) with tight timelines

• Collaborate across Global Markets teams (ops, trading, sales, risk, credit, COOs, legal, compliance, technology) to resolve issues quickly and minimize risk impact

• Support strategic initiatives and proactively identify improvement opportunities to increase efficiencies and reduce risk

• Partner with global peers in to ensure seamless and consistent global front to back support model

• Leverage understanding of the performance drivers for the GBAM businesses to create value add analysis and lead strategic insights

• Maintain trading book, instrument and client reference data

Required Skills: (Must have these skills to be minimally qualified)

• High level knowledge of cash equities, equity swaps, and/or equity derivatives products

• Requires general product knowledge of financial instruments relevant to the area supported and across related asset classes

• General knowledge of equity markets and lifecycle management processing of in scope products

• Attention to detail and a control mindset

• Intellectually curious, takes initiative, and operates with urgency

• Advanced knowledge of Excel and MS Office suite

• Ability to work well in a team environment

• Ability to multi-tasking and work in a high pressured environment

• Demonstrated ability to drive change and tasks to completion

• Excellent written and verbal communication/presentation skills

Desired Skills and Experience:

• Enthusiastic, keen to learn and quick to gain an understanding of complex issues and concepts

• Understands operational activities related to Trade Support functions

• Bachelor degree or substantially equivalent business experience required

• General knowledge of operational processing and risk control skills including the ability to build well-controlled spreadsheets and source appropriate and meaningful data

• Self-starter with outstanding problem solving skills. Excels at ‘getting things done’ with minimal direction.

• Take responsibility for delivering high quality work

• Ability to thrive in a dynamic, team-oriented environment – both work closely with senior members of the team and work independently

Other Qualifications

• 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

**Job Band:**

H5

**Shift:**

1st shift (United States of America)

**Hours Per Week:**

40

**Weekly Schedule:**

**Referral Bonus Amount:**

0

**Job Description:**

As part of the Americas Equity Trade Control team, the candidate will be responsible for providing operational trade support across an exciting and fast paced set of Equities businesses. This individual will partner closely with Sales/Trading and broader Global Markets teams to deliver operational support across the lifecycle of a trade. This role provides direct exposure to several lines of business and is uniquely positioned within Global Markets Operations to influence front to back operational processes, improve controls and drive change.

Responsibilities:

• Perform critical operational functions including equity swaps and derivatives lifecycle management, corporate action processing, trade allocations, amendments, and reconciliations

• Responsible for the analysis and resolution of a wide variety of complex products that may require special handling or exception reporting

• Manage ad hoc requests from trading, sales and client(s) with tight timelines

• Collaborate across Global Markets teams (ops, trading, sales, risk, credit, COOs, legal, compliance, technology) to resolve issues quickly and minimize risk impact

• Support strategic initiatives and proactively identify improvement opportunities to increase efficiencies and reduce risk

• Partner with global peers in to ensure seamless and consistent global front to back support model

• Leverage understanding of the performance drivers for the GBAM businesses to create value add analysis and lead strategic insights

• Maintain trading book, instrument and client reference data

Required Skills: (Must have these skills to be minimally qualified)

• High level knowledge of cash equities, equity swaps, and/or equity derivatives products

• Requires general product knowledge of financial instruments relevant to the area supported and across related asset classes

• General knowledge of equity markets and lifecycle management processing of in scope products

• Attention to detail and a control mindset

• Intellectually curious, takes initiative, and operates with urgency

• Advanced knowledge of Excel and MS Office suite

• Ability to work well in a team environment

• Ability to multi-tasking and work in a high pressured environment

• Demonstrated ability to drive change and tasks to completion

• Excellent written and verbal communication/presentation skills

Desired Skills and Experience:

• Enthusiastic, keen to learn and quick to gain an understanding of complex issues and concepts

• Understands operational activities related to Trade Support functions

• Bachelor degree or substantially equivalent business experience required

• General knowledge of operational processing and risk control skills including the ability to build well-controlled spreadsheets and source appropriate and meaningful data

• Self-starter with outstanding problem solving skills. Excels at ‘getting things done’ with minimal direction.

• Take responsibility for delivering high quality work

• Ability to thrive in a dynamic, team-oriented environment – both work closely with senior members of the team and work independently

Other Qualifications

• 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

**Shift:**

1st shift (United States of America)

**Hours Per Week:**

40

Learn more about this role

Full time

JR-22062210

Band: H5

Manages People: No

Travel: No

Manager:

Talent Acquisition Contact:

Meghann Fields

Referral Bonus:

0

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .

To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .

MO Trade Control Prof MKTS - Equities

Full time
New York, NY

Published on 09/17/2022

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