OTC Derivatives Ops Analyst: Trade & Settlement

Bank of America; South Dakota; On-site; USD 34,000 - 50,000; Full time

Job summary

Bank of America in United States (NJ) seeks a professional to support OTC Derivatives operations within Investment Solutions Group. The role involves moderately complex transaction processing, reconciliation, and client support, ensuring compliance with lending guidelines and risk controls.

The position requires at least 1 year in financial services, knowledge of trade life-cycle events, and the ability to multitask in a fast-paced trading environment.

Qualifications

• A minimum of 1-year related 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.

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
• Liaise with multiple areas supporting OTC Derivative trading including Credit, Risk Analytics, Margin/Collateral, and the Product Assessment Group

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 in United States (NJ) seeks a professional to support OTC Derivatives operations within Investment Solutions Group. The role involves moderately complex transaction processing, reconciliation, and client support, ensuring compliance with lending guidelines and risk controls.

The position requires at least 1 year in financial services, knowledge of trade life-cycle events, and the ability to multitask in a fast-paced trading environment.