Mid-Level
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description: This role is responsible for performing end-to-end trade control, confirmation and settlements processes across businesses and providing utility over-the-counter derivative confirmation and settlement services. Duties are carried out under general supervision, following established procedures. These individuals may assist more experienced teammates.
LOB Job Description:
The Global Fixed Income, Currency & Commodities Operations (GFICCO) team perform end to end trade control, confirmation and settlements processes across GFICCO businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses. Within GFICCO, the teams provide multiple services such as GFICCO trade control, settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.
The Commodities Trade Control Team is seeking a Trade Control Analyst to join our growing team
This role supports the expanding Global Commodities business covering multiple products, and instruments. Full technical training will be provided
Our role is focused on supporting the trading desk, and being responsible for trade validation/ reconciliation, trade amendments, regulatory & management reporting, process and risk improvement and issue resolution.
We are looking for an enthusiastic individual who is intellectually curios, keen to develop, and has a great attention to detail all whilst working in a fast paced, diverse and rapidly evolving environment.
Responsibilities:
Trade Validation – reconciling trades to ensure trades are booked accurately in the system.
Performing trade amendments to correct booking errors.
Investigating and resolving breaks – Working closely with Sales, Trading and Operations to resolve breaks.
Work on ad-hoc request
Required Qualifications:
4-5 years Commodities experience
4-5 years of line work experience in Middle Office or Trade Control
Keen desire for learning and intellectual curiosity
Detail oriented
Good controls mind set and risk appetite
Experience working to tight deadlines
Good communication and negotiation skills and the ability to build relationships across all levels of seniority
Excellent organizational skills are required with the ability to priorities daily workload whilst working accurately in a high-energy environment
Keen analytical skills including data reconciliation and interpretation
Logical approach to problem solving - taking ownership and offering practical solutions
Has a full understanding of lifecycle of a trade
Desired Qualifications:
Bachelor's Degree in either Math, Finance, Engineering or Tech
Knowledge of ETRM system (Endur Openlink) a plus
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
Excels in working among diverse viewpoints to determine the best path forward
Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner
Commitment to challenging the status quo and promoting positive change.
Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Skills:
Attention to Detail
Customer and Client Focus
Process Performance Management
Research
Adaptability
Business Analytics
Critical Thinking
Reporting
Written Communications
Data Management
Process Effectiveness
Strategic Thinking
Shift: 1st shift (United States of America)
Hours Per Week: 40
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