Markets Support Analyst

Bank of America; Chester; On-site; GBP 35,000 - 55,000; Full time

Job summary

Bank of America in Chester is seeking a Markets Support Analyst to support Global Commodities operations. The role involves drafting and affirming confirmations, coordinating with Legal, Trade Control and Front Office teams, and driving consistent documentation across regions in a fast-paced environment.

The ideal candidate will bring strong attention to detail, client-focused communication, and the ability to adapt to regulatory and market changes while working independently in a global bank

Qualifications

• Client-focused with excellent communication and interpersonal skills.
• High attention to detail with a strong control mindset to mitigate operational risk.
• Ability to adapt quickly to market, regulatory and internal changes.
• Self-motivated, able to work independently.
• Excellent organizational skills with ability to prioritise in a fast-paced environment.
• Logical problem solving with ownership and practical solutions.

Responsibilities

• Drafting Commodities confirmations vs ISDA legal confirmation based on trade bookings from the system of records (SOR).
• Affirmation of trade economics and chasing outstanding confirmations.
• Liaison with multiple stakeholders including Legal, Trade Control, and Front Office Trading and Sales.
• Review and resolve discrepancies on incoming confirmations from counterparties and electronic matching platforms.
• Measure trending client behaviours to identify candidates for automated confirmation processes.
• Review incoming confirmations.
• Collaborate with team members across all regions to develop and maintain globally consistent documentation process.

Skills

Client focus

Attention to detail

Adaptability

Self-motivation

Organizational skills

Problem solving

Ownership

Job description

Job Description: Job Title: Markets Support Analyst Corporate Title: Officer Location: Chester

Company Overview: 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! Location: Chester Be part of something special at Bank of America Chester. Part of a leading global financial institution, we are looking for high potential individuals to join us in driving our people forward. Bank of America Chester is an exciting, diverse workplace where we are committed to delivering a great client experience to the businesses and individuals who call Chester home. Join our team today and find a rewarding, global career.

Job Description: 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 Confirmations Team is seeking an 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. 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:

• Drafting Commodities confirmations vs ISDA legal confirmation based on trade bookings from the system of records (SOR).
• Affirmation of trade economics and chasing outstanding confirmations.
• Liaison with multiple stakeholders including Legal, Trade Control, and Front Office Trading and Sales.
• Review and resolve discrepancies on incoming confirmations from counterparties and electronic matching platforms.
• Measure trending client behaviors to identify candidates for automated confirmation processes.
• Review incoming confirmations.
• Collaborate with team members across all regions to develop and maintain globally consistent documentation process.

Skills:

• Must be client focused with a proven track record of excellent communication and interpersonal skills.
• Ability to mitigate operational risk by demonstrating excellent attention to detail and having a control mindset.
• Ability to adapt quickly to changes in the market, regulatory, and internal business environment.
• Must be self-motivated and able to work independently.
• Excellent organizational skills are required with the ability to prioritize daily responsibilities while working accurately in a fast paced environment.
• Logical approach to problem solving - taking ownership and offering practical solutions.

Additional Skills:

• 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 evolvit, connect, and meet the diverse needs of our clients and employees around the world.

Benefits of working at Bank of America UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. 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!

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