OTC Derivatives Operations Specialist

Bank of America; Manassas (VA); On-site; USD 34,000 - 51,000; Full time

Job summary

Bank of America is seeking a role focused on moderately complex transaction processing, reconciliation, and client support within a disciplined operations environment. You will interface with internal partners and external clients, ensuring accuracy and timely processing of trades and settlements.

The position emphasizes risk awareness, process improvements, and collaboration across multiple operational units, with a focus on supporting the OTC Derivative product desk and related programs.

Qualifications

• At least 1 year of experience in financial services.
• Experience supporting a financial product or marketing desk.
• Knowledge of trade life-cycle events.
• Proven ability to multi-task in a fast-paced trading environment.
• Detail oriented with strong communication and interpersonal skills.
• Aptitude for problem solving.
• Experience with trades processing systems.
• Foreign Exchange experience.

Responsibilities

• Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and procedures
• Responds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client service
• Responsible for the analysis and resolution of moderately complex transactions requiring escalations and exceptions
• Proactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units

Skills

Attention to Detail

Customer and Client Focus

Oral Communications

Prioritization

Problem Solving

Account Management

Analytical Thinking

Coaching

Written Communications

Mentoring

Research

Result Orientation

Job description

Bank of America is seeking a role focused on moderately complex transaction processing, reconciliation, and client support within a disciplined operations environment. You will interface with internal partners and external clients, ensuring accuracy and timely processing of trades and settlements.

The position emphasizes risk awareness, process improvements, and collaboration across multiple operational units, with a focus on supporting the OTC Derivative product desk and related programs.