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. 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.
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Job Description
The role is of a Desk Head, managing a team linked to processing either FX Options & Currency/Interest Rate Derivative Desk, OTC FX or FIMM within GMO. Apart from Daily processing, facilatate support to projects. Knowledge of all Market products would be an added advantage.
Responsibilities
Oversee trade processing of a given desk with Global Markets Operations without any lapses.
Ensuring trades are Affirmed and Confirmed in a Timely manner.
Escalate exceptions in a timely manner.
Manitain relationship with Clients/Counterparts and ensure prompt resolution to queries
Ensure compliance to relevant regulations.
Participate in various process improvement initiatives/ projects as required
Required Skills
• Previous experience of handling any desk processing FX Options and/Or Currency/Interest Rate Derivatives, OTC FX , FIMM
• Client focused. Client facing experience or ability to conduct discussions with Clients in a clear and concise manner
• Excellent communications skills and ability to present to an audience
• Ability to work under pressure and manage the team
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate
• Knowledge of Regulations and Ability to Identify and Mitigate Operational Risk
• Strong understanding of the accounting principles
• Good knowledge of Microsoft Excel