Trading Operations Specialist - Managed Accounts

Bank of America; Addison (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

Bank of America is seeking a Managed Account Trading Operations Analyst to monitor workflow and ensure daily deadlines for trade execution, client allocations, and voluntary corporate action elections for client accounts managed by Investment Managers.

The role operates within a robust control environment, with focus on timely booking, risk identification, and quality assurance while collaborating with leaders and partners to improve processes and accuracy.

Qualifications

• Minimum two years of experience working in broker dealer operations with knowledge of common operational issues, controls and QA.
• Prior experience serving as lead in an operational environment or currently working as a consistently high performing GWIM Service Operations Representative.
• Must be able to give clear effective examples of past successes in teamwork, use of analytical skills, time and organizational self-management, flexibility to a changing environment and ability to work in a fast paced deadline-driven environment.
• Intermediate experience with Microsoft Word and Excel to include formulas, running saved macros and pivot tables
• Proven experience with presenting and writing information clearly, concisely and grammatically correct
• Demonstrated experience with effectively reviewing documents/information and quickly identifying errors, while understanding the cause of the error and taking action to implement sustainable solutions
• Self-motivated, proactive and able work with minimal supervision

Responsibilities

• Ensure trades that are executed by Financial Advisors (FAs) / Investment Managers are booked timely and accurately to client accounts
• Eliminate risks by proactively monitoring workflow, serving as quality control and escalating issues as appropriate while engaging the right leaders and partners
• Serve as or assist the trade allocation subject matter expert to problem-solve complex/escalated issues and provide training and support to the processors
• Pull reports, analyze data and place data in a usable format for dialogue and decision-making including daily statistics and metrics for Single Process Inventory
• Document and summarize team issues in a logical easy to read manner
• Support quality assurance routines as needed depending on volumes.

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 Managed Account Trading Operations Analyst to monitor workflow and ensure daily deadlines for trade execution, client allocations, and voluntary corporate action elections for client accounts managed by Investment Managers.

The role operates within a robust control environment, with focus on timely booking, risk identification, and quality assurance while collaborating with leaders and partners to improve processes and accuracy.