Markets Operations & Trade Support Specialist

Bank of America; United States; On-site; USD 55,000 - 85,000; Full time

Job summary

Bank of America is seeking a candidate to support core data across client and account records, ensuring high data quality and accurate trade lifecycle processing. The role involves monitoring client activity, trade settlement, and risk identification in a fast-paced environment.

The ideal candidate has 1–3 years of financial services experience, can work independently on process improvements, and understands in-house systems and market factors.

Qualifications

• 1-3 years of Financial Services experience.
• Works independently with limited direction on process improvements.
• Advanced understanding of in-house system capabilities and external market factors required to adapt to ongoing business/regulatory demands.
• Ability to think of new, innovative ways of supporting the business to meet reduced expenses.

Responsibilities

• 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.

Skills

Collaboration

Customer focus

Oral communications

Prioritization

Active listening

Adaptability

Business acumen

Client management

Data collection

Job description

Bank of America is seeking a candidate to support core data across client and account records, ensuring high data quality and accurate trade lifecycle processing. The role involves monitoring client activity, trade settlement, and risk identification in a fast-paced environment.

The ideal candidate has 1–3 years of financial services experience, can work independently on process improvements, and understands in-house systems and market factors.