26 days old

MO - Sr Trading - Sales Assistant (MGR)

New York, NY 10176
MO - Sr Trading - Sales Assistant (MGR)



New York, New York



**Job Description:**



**LOB Specific Description:**



The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses. Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.



Job Description:



The Treasury and Agency Trade Support team, offers Trade Support and Control services to the U.S. Treasury, Agency, & Short End Desks. This role will offer the associate the opportunity to take on a leadership role related to the services and staff that support the Treasury, Agency and Short End Desks. In addition, to ensure broader coverage and stability, the associate will also have an opportunity to learn and train on how to support other products and processes performed across the entire US Treasury and Global Financing and Futures support teams. A strong knowledge of the products and business processes is required to ensure proper leadership presence and sounds decision making. These include a wide array of Treasury and Agency securities, as well as related Futures, Options and trading strategies. Associates will also be responsible for performing existing Trade Support processes as well as drive trade capture projects and coordinate implementation across multiple platforms, functions and products. Primary responsibilities include trade entry, capture, reconciliation, and reporting. The associate should have a good working knowledge of various rates-centric fixed income products and their lifecycles. The associate will be expected to collaborate with our support partners to maintain, develop, and implement effective globally uniform workflow controls.



Existing process include; Trade booking, trade validation and ongoing trade maintenance and reporting. Requires product knowledge, knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting.



Responsibilities:



+ Supporting various Treasury and Agency fixed income products and trade types and performing daily reconciliations to ensure that the team operates in a safe and controlled environment in order to minimize operational risk.

+ Responsible for Trade Capture, Trade validation and Trade Event Lifecycle management and reporting

+ Ensure correct P&L and Risk calculations, intraday and end of day.

+ Deliver support for new products and initiatives, define requirements for Trade support and be able to influence peers and business partners.

+ Act as a natural first point of contact for the Front Office, P&L team, other Business partners and the Banks customers.

+ Candidate must be able to drive trade capture projects and coordinate implementation across multiple platforms and groups.

+ Associate will also perform trade analytics to resolve trade queries and measure and control day-to-day operating environment.

+ Primary responsibilities include trade capture and lifecycle event processing.

+ Monitor trade activity to ensure trades are matched and sent for settlement processing.

+ Work on ad hoc requests from various business partners e.g. BCO, Compliance and Audit.

+ Provide support for the Fed Operations e.g. US Treasury Auctions and Coupon Purchases.

+ Interest in working closely with traders and sales to manage the production flow.



**Enterprise Role Overview:**



_Supports sales and/or trading desks. Responsible for trade capture and resolving trade discrepancies. Liaises between trading, trade support, sales, counterparties, counterparty credit, operations, and compliance. Participates in the introduction and UAT of new initiatives, systems, and process improvements to increase efficiency and enhance controls. Handles ad hoc requests from clients and the desk. Requires product knowledge of financial instruments relevant to the area supported and across related asset classes. Key Responsibilities: Supervises support provided by the TA/SA function to FO desks._ _Responsible for trade capture and reporting, advising Front Office of position adjustments and/or discrepancies. Supports ongoing trade maintenance and reporting. Performs a liaison function between multiple business partners and the trading desk. Provides analyses when required by the desk. Provides general team guidance, will provide input on recruiting and be part of performance management process. Will typically have 7+ years of trading floor experience and an in depth knowledge of supported business._



**Required Skills:** (Must have these skills to be minimally qualified)



+ Knowledge of Treasury & Agency fixed income products, and related Futures and Options.

+ Knowledge of Trade capture & Trade Control processes.

+ Must be a highly motivated team player who can be flexible in her/his approach and able/willing to question existing procedures and processes in order to improve them.

+ Excellent written / verbal communication skills.

+ Must demonstrate a can-do attitude necessary to create good relationships with traders, management, other business partners and the Banks customers.



**Desired Skills:**



+ Minimum of 5 years + of applicable experience (e.g. Operations, Middle Office, Risk, Trading).

+ Strong Excel skills. VBA and/or SQL skills a plus.

+ Must be able to fully understand the impact of current and future IT developments on existing Trade Support processes and play a role in their implementation.

+ Is able to see the big picture, to identify non-optimal processes, to propose solutions and to implement them within timelines and cost constraints.

+ Bachelors degree, preferably with an Accounting, Finance or Economics major. Masters Degree a plus.



**Other Qualifications:**



+ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.

+ Excels in working among diverse viewpoints to determine the best path forward.

+ Experience in connecting with a diverse set of clients to understand future business needs is a continuous learner.

+ Commitment to challenging the status quo and promoting positive change.

+ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.

+ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.



**Job Band:**



H5



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



**Weekly Schedule:**



**Referral Bonus Amount:**



0



**Job Description:**



**LOB Specific Description:**



The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses. Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.



Job Description:



The Treasury and Agency Trade Support team, offers Trade Support and Control services to the U.S. Treasury, Agency, & Short End Desks. This role will offer the associate the opportunity to take on a leadership role related to the services and staff that support the Treasury, Agency and Short End Desks. In addition, to ensure broader coverage and stability, the associate will also have an opportunity to learn and train on how to support other products and processes performed across the entire US Treasury and Global Financing and Futures support teams. A strong knowledge of the products and business processes is required to ensure proper leadership presence and sounds decision making. These include a wide array of Treasury and Agency securities, as well as related Futures, Options and trading strategies. Associates will also be responsible for performing existing Trade Support processes as well as drive trade capture projects and coordinate implementation across multiple platforms, functions and products. Primary responsibilities include trade entry, capture, reconciliation, and reporting. The associate should have a good working knowledge of various rates-centric fixed income products and their lifecycles. The associate will be expected to collaborate with our support partners to maintain, develop, and implement effective globally uniform workflow controls.



Existing process include; Trade booking, trade validation and ongoing trade maintenance and reporting. Requires product knowledge, knowledge of financial instruments accounting relevant to the area supported. Delivers support for new products and initiatives, provides analysis and KPI/MIS reporting.



Responsibilities:



+ Supporting various Treasury and Agency fixed income products and trade types and performing daily reconciliations to ensure that the team operates in a safe and controlled environment in order to minimize operational risk.

+ Responsible for Trade Capture, Trade validation and Trade Event Lifecycle management and reporting

+ Ensure correct P&L and Risk calculations, intraday and end of day.

+ Deliver support for new products and initiatives, define requirements for Trade support and be able to influence peers and business partners.

+ Act as a natural first point of contact for the Front Office, P&L team, other Business partners and the Banks customers.

+ Candidate must be able to drive trade capture projects and coordinate implementation across multiple platforms and groups.

+ Associate will also perform trade analytics to resolve trade queries and measure and control day-to-day operating environment.

+ Primary responsibilities include trade capture and lifecycle event processing.

+ Monitor trade activity to ensure trades are matched and sent for settlement processing.

+ Work on ad hoc requests from various business partners e.g. BCO, Compliance and Audit.

+ Provide support for the Fed Operations e.g. US Treasury Auctions and Coupon Purchases.

+ Interest in working closely with traders and sales to manage the production flow.



**Enterprise Role Overview:**



_Supports sales and/or trading desks. Responsible for trade capture and resolving trade discrepancies. Liaises between trading, trade support, sales, counterparties, counterparty credit, operations, and compliance. Participates in the introduction and UAT of new initiatives, systems, and process improvements to increase efficiency and enhance controls. Handles ad hoc requests from clients and the desk. Requires product knowledge of financial instruments relevant to the area supported and across related asset classes. Key Responsibilities: Supervises support provided by the TA/SA function to FO desks._ _Responsible for trade capture and reporting, advising Front Office of position adjustments and/or discrepancies. Supports ongoing trade maintenance and reporting. Performs a liaison function between multiple business partners and the trading desk. Provides analyses when required by the desk. Provides general team guidance, will provide input on recruiting and be part of performance management process. Will typically have 7+ years of trading floor experience and an in depth knowledge of supported business._



**Required Skills:** (Must have these skills to be minimally qualified)



+ Knowledge of Treasury & Agency fixed income products, and related Futures and Options.

+ Knowledge of Trade capture & Trade Control processes.

+ Must be a highly motivated team player who can be flexible in her/his approach and able/willing to question existing procedures and processes in order to improve them.

+ Excellent written / verbal communication skills.

+ Must demonstrate a can-do attitude necessary to create good relationships with traders, management, other business partners and the Banks customers.



**Desired Skills:**



+ Minimum of 5 years + of applicable experience (e.g. Operations, Middle Office, Risk, Trading).

+ Strong Excel skills. VBA and/or SQL skills a plus.

+ Must be able to fully understand the impact of current and future IT developments on existing Trade Support processes and play a role in their implementation.

+ Is able to see the big picture, to identify non-optimal processes, to propose solutions and to implement them within timelines and cost constraints.

+ Bachelors degree, preferably with an Accounting, Finance or Economics major. Masters Degree a plus.



**Other Qualifications:**



+ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.

+ Excels in working among diverse viewpoints to determine the best path forward.

+ Experience in connecting with a diverse set of clients to understand future business needs is a continuous learner.

+ Commitment to challenging the status quo and promoting positive change.

+ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.

+ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.



**Shift:**



1st shift (United States of America)



**Hours Per Week:**



40



Learn more about this role



Full time



JR-22037960



Band: H5



Manages People: No



Travel: No



Manager:



Talent Acquisition Contact:



Viviana Renshaw



Referral Bonus:



0



Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.




To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .


To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .



Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.




To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

Industry

  • Banking / Finance
Posted: 2022-04-22 Expires: 2022-06-04

Success begins with building relationships.

At Bank of America, our customers are at the center of everything we do. Our focus is on helping each one find the right financial solutions. With a wide range of career opportunities available, we invite you to realize your career goals with us while assisting customers with what matters most to them.

Welcome to Careers at Bank of America.


Sponsored by:
ADP Logo
Sponsored by:
Bank of America Logo

Featured Jobs[ View All ]

Featured Employers

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

MO - Sr Trading - Sales Assistant (MGR)

Bank of America
New York, NY 10176

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast