OTC Derivatives Ops Analyst - Trade & Reconciliation

Bank of America; Pennington (NJ); On-site; USD 55,000 - 75,000; Full time

Job summary

Bank of America is seeking a staff-level Operations professional to support the Investment Solutions Groups OTC Derivatives desk and related trading processes in the United States. You will help manage pre-trade and post-trade inquiries, ensure proper collateralization, and support multiple back-office systems in a fast-paced environment.

The role emphasizes attention to risk, detailed trade processing, and cross-functional collaboration with Credit, Risk Analytics, Margin/Collateral, and

Qualifications

• 1+ year of experience in financial services.
• Experience supporting a financial product or marketing desk.
• Knowledge of trade life-cycle events.
• Ability to multi-task in a fast-paced trading environment.
• Detail-oriented with strong communication and interpersonal skills.

Responsibilities

• Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to guidelines.
• Responds to moderately complex client inquiries to support efficiency and service quality.
• Analyzes and resolves moderately complex transactions requiring escalations and exceptions.
• Identifies risks and opportunities for process improvements across 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 staff-level Operations professional to support the Investment Solutions Groups OTC Derivatives desk and related trading processes in the United States. You will help manage pre-trade and post-trade inquiries, ensure proper collateralization, and support multiple back-office systems in a fast-paced environment.

The role emphasizes attention to risk, detailed trade processing, and cross-functional collaboration with Credit, Risk Analytics, Margin/Collateral, and