Transaction Management Ops Analyst

Bank of America

3.2

(114)

Multiple Locations

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24041187

    Position summary

    organization.

    Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

    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

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.