Location: New York,NY, USA
Markets Support AnalystNew York, New YorkJob Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. 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.Line of Business Job Description:As part of the Americas Equity Trade Control team, the candidate will be responsible for maintaining reconciliations and providing operational trade support across an exciting and fast paced set of Equities businesses. This individual will partner closely with broader Global Operations and Global Markets teams to deliver operational support and ensure key controls 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: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 mannerPerform critical operational functions including reconciliations, equity swaps and derivatives lifecycle management, corporate action processing, trade allocations and amendments• 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• Proactively identify improvement opportunities to increase efficiencies, reduce risk and support strategic initiatives• Partner with global peers in to ensure seamless and consistent global front to back support model and best practices• Leverage understanding of the performance drivers for the GBAM businesses to create value add analysis and lead strategic insights• Maintain trading book, instrument, firm and client reference dataRequired Skills:• 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 verbalcommunication/presentationskillsDesired Skills:-Math Degree Preferred-Minimum 1 year of Middle Office or Trade Control 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 independentlySkills:CollaborationCustomer and Client FocusOral CommunicationsPrioritizationActive ListeningAdaptabilityBusiness AcumenClient ManagementData Collection and EntryShift:1st shift (United States of America)Hours Per Week:40Bank 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 ( .To view the EEO is the Law Supplement, CLICK HERE ( .View the LA County Fair Chance Ordinance ( .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 .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.