Ops Analyst MKTS

Bank of America•Houston, TX

About The Position

At Bank of America, this role provides standard research, reporting, and analytical support for end-to-end support of Global Markets sales, trading, and underwriting businesses across securities, foreign exchange, fixed income, exchange-traded derivatives, and over-the-counter derivatives. The role operates under general supervision and assists teammates while following established procedures. The position is on the Global Fixed Income, Currency & Commodities Operations (GFICCO) team, which performs trade control, confirmation, and settlement processes across GFICCO businesses and provides OTC derivative confirmation and settlement services to non-FICC businesses. Within the Commodities Confirmations Team, the Confirmation Analyst supports the expanding Global Commodities business across multiple products and instruments. Full technical training will be provided. The role calls for an intellectually curious, detail-oriented individual who is keen to develop and work in a fast-paced, diverse, and evolving environment.

Requirements

1–3 years of experience in financial services.
At least 1 year of Microsoft Excel experience.
Client-focused, with a proven track record of excellent communication and interpersonal skills.
Ability to mitigate operational risk through excellent attention to detail and a control mindset.
Ability to adapt quickly to changes in the market, regulatory, and internal business environments.
Self-motivated and able to work independently.
Excellent organizational skills, including the ability to prioritize daily responsibilities and work accurately in a fast-paced environment.
Logical approach to problem solving, taking ownership and offering practical solutions.

Nice To Haves

Bachelor’s degree.
Commodities Operations experience.
Knowledge of Endur Openlink.
Brings new thoughts and ideas to teams to drive innovation and unique solutions.
Works effectively among diverse viewpoints to determine the best path forward.
Experience connecting with diverse clients to understand future business needs; continuous learner.
Commitment to challenging the status quo and promoting positive change.
Participates in and drives collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
Values diversity to reflect, connect with, and meet the diverse needs of clients and employees around the world.

Responsibilities

Draft commodities confirmations against ISDA legal confirmations using trade bookings from the system of records (SOR).
Affirm trade economics and follow up on outstanding confirmations.
Liaise with stakeholders including Legal, Trade Control, and Front Office Trading and Sales.
Review and resolve discrepancies in incoming confirmations from counterparties and electronic matching platforms.
Measure client behavior trends to identify candidates for automated confirmation processes.
Review incoming confirmations.
Collaborate with team members across regions to develop and maintain a globally consistent documentation process.