Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
 

Job Description:
This job is responsible for providing operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business through the lifecycle of a trade. Key responsibilities include handling trading and operational activities before deadlines, maintaining internal systems and providing operational support to internal partners. Job expectations include maintaining a high degree of accuracy with customers and data to ensure compliance with regulations and policies.

LOB Description:

Responsible for the processing of US and International Mandatory Corporate Action event types on behalf BOFAS/MLPFS client tiers & trading desks. Role includes but not limited to:  identifying, reviewing and analyzing all Corporate Action event information related to Mandatory & Redemption events; timely and accurate completion of payments; reconciliation and clearance of ledger balances and breaks; Interface with DTCC, International Custodians, Depots, Transfer Agents and external counterparties/ Brokers.

Responsibilities:

Performs set-up and maintenance of core data across client, account, instrument, and agreement data, and oversees data quality within key data platformsEnsures transactions are completed in an accurate and timely mannerProvides operational support for one or more activities within the lifecycle of a trade, including trade processing, trade settlement, accounting and reconciliation, lifecycle events, and collateral managementConducts daily monitoring of client trading activity across multiple markets, servicing clients' needsCompletes accurate, timely clearing and settlement of trades with internal and external counterparties, including reconciliation management and governance of trade fails and breaksPerforms tasks accurately during high volume periods in a team environmentIdentifies and flags potential risks in a timely manner

Required Qualifications:

Knowledge of Banking / Financial Services IndustryMinimum Years Of Operations Experience- 2 years

Desired Qualifications:

Excellent communications skills and ability to present to an audienceAbility to work under pressure in a team environmentTimely response to internal/external queries regarding mandatory event processingWorks effectively with others by establishing and maintaining positive working relationships built on mutual respect and trustEscalate issues that demonstrate risk to customers/clients and/or the companySelf-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalateLiaising with other internal departments to ensure timely resolution of breaks, payables and receivablesInvolvement in ad hoc projects for new processes or industry initiativesSeeks to advance knowledge and improve skills

Skills:

CollaborationCustomer and Client FocusOral CommunicationsPrioritizationActive ListeningAdaptabilityBusiness AcumenClient ManagementData Collection and Entry

Shift:

1st shift (United States of America)

Hours Per Week: 

40