Markets Support Analyst
New York, New York
Job Description:
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Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
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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 Qualifications:
1-2 years of experience within financial services operations
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 Qualifications:
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
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:
Collaboration
Customer and Client Focus
Oral Communications
Prioritization
Active Listening
Adaptability
Business Acumen
Client Management
Data Collection and Entry
Shift:
1st shift (United States of America)
Hours Per Week:
40
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.
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Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank's required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
