Bank of America Hiring for MO Trade Control Professional MKTS – Equities at New York, NY Full Time

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 Skills: (Must have these skills to be minimally qualified)

• 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 Skills and 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 independently
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions