MO Trade Cntrl Prof MKTS

Bank of America; Houston (TX); On-site; USD 90,000 - 150,000; Full time

Job summary

Bank of America in Houston seeks a Trade Control Analyst to support end-to-end trade control, confirmation and settlements across GFICCO. You will perform trade validation, amendments and resolve breaks to ensure accurate bookings and regulatory reporting.

Ideal candidates have 4–5 years in Commodities or Middle Office, strong data reconciliation and analytical skills, and the ability to work under tight deadlines in a fast-paced environment.

Qualifications

• Bachelor's Degree in Math, Finance, Engineering or Tech
• 4-5 years Commodities/Middle Office experience
• Strong data reconciliation and analytical skills

Responsibilities

• Trade Validation – reconciling trades to ensure accurate bookings in the system.
• Performing trade amendments to correct booking errors.
• Investigating and resolving breaks with Sales, Trading and Operations.
• Work on ad-hoc requests

Skills

Trade Control

Trade Confirmation

Data Reconciliation

Attention to Detail

Communication

Analytical Skills

Regulatory Reporting

Problem Solving

Education

Bachelor's Degree

Tools

Endur Openlink

Job description

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 curious, 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

• Bachelor's Degree in either Math, Finance, Engineering or Tech 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

• 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

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

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!

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https://careers.bankofamerica.com/en-us/pay-transparency