#JR-24041187
organization.
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Job Description:
This job is responsible for moderately complex transaction and fulfillment processing, including the movement of assets into and out of accounts. Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support for internal business partners and external clients, in accordance with established guidelines and procedures. Job expectations include handling in operational processes which may carry medium to high levels of monetary risk and assisting in training less experienced team members.
Line of Business Job Description:
The ETF Operations team is set up as representatives of BofAs Securities as an authorized participant and is responsible for the placement and settlement of ETF (Exchange Traded Funds) creations and redemptions in support of the portfolio trading desk and clients who engage in this business. The Settlement Oversight unit oversees and facilitates trade settlement of the ETF and its components which consist of equity and fixed income products. This position also manages the collateral with the sponsors to ensure timely settle of the ETF. Additionally, the associate is responsible for risk mitigation for our clients and the firm.
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
Required Skills:
Proficient with MS Excel (v-lookups)
Ability to work under pressure in a team environment
Detail oriented
Ability to multi-task
Self-motivated and able to work unsupervised
Ability to perform efficiently under high pressures
Strong written & verbal communication skills
Desired Skills:
At least 3 Years of Financial Services / Operations Experience
ETF Product Knowledge
Strong motivation to succeed
Understanding of Risk & Control issues
Skills:
Attention to Detail
Customer and Client Focus
Oral Communications
Prioritization
Problem Solving
Account Management
Analytical Thinking
Coaching
Written Communications
Mentoring
Research
Result Orientation
Shift:
1st shift (United States of America)
Hours Per Week:
40
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