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.

• Performs set-up and maintenance of core data across client, account, instrument, and agreement data, and oversees data quality within key data platforms
• Ensures transactions are completed in an accurate and timely manner
• Provides 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 management
• Conducts daily monitoring of client trading activity across multiple markets, servicing clients' needs
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties, including reconciliation management and governance of trade fails and breaks
• Performs tasks accurately during high volume periods in a team environment
• Identifies and flags potential risks in a timely manner
• • Work in a fast-paced environment with direct communications to CFD Trading Des
• • Monitor transaction flow in various trade capture systems
• • Apply independent judgment and discretion when resolving trade discrepancies to ensure that the correct risk is always reflected in Front-Office Trading systems and Back Office Risk Systems
• • Based on product, system and subject-matter knowledge, identify and resolve risk issues in the trade capture systems, eg. Booking errors leading to fee discrepancies.
• • Primary point of contact for the Front Office, Operations, and Finance on topics relating to trade capture.
• • Understand various idiosyncrasies and conventions of Structured Notes and their related hedges in order to provide SME(Subject-Matter Expertise) support.
• • Ensure internal risk positions are appropriately reflected to mitigate any risk to the firm's capital
• • Ensure initial trade bookings, trade amendments, allocations and novations occur in a timely manner to meet Transaction Reporting requirements
• • Ensure trade bookings are compliant within existing regulatory frameworks such as Volcker CFTR, UMR, etc..
• • Responsible for global connectivity and communication with counterparts across various Line-of-Business to ensure consistency and alignment to target Control Standards within Trade Control
• • Resolution and escalation of matched and unmatched trades for our business partners across our five asset classes (Equities, CIRO, CFXO, Commodities, & Credit)
• • Timely response to business partner queries regarding the settlement or booking of trades
• • Breaks/Fails Reporting
• • Liaising with other internal departments to ensure timely resolution of Client fails

• Collaboration
• Customer and Client Focus
• Oral Communications
• Prioritization
• Active Listening
• Adaptability
• Business Acumen
• Client Management
• Data Collection and Entry