Bank of America
Job Title: Operations Analyst – Priority Equity Derivatives Settlements
Corporate Title: Officer
We are seeking a dedicated Operation Analyst to join our Equity Derivative Settlements team in Chester serving our priority clients, in which you will provide technical and support in an industry leading Derivatives support function for one or more Derivatives product areas.
This team is a very established team that has been in the Chester location for 9 years now so they have a positive presence in this location. You will be in contact with partners globally, some of which will be very senior people. The locations could range from Hong Kong, Singapore, London or New York so you will have the chance to create solid relationships with these locations. This is an exciting opportunity if career development is something you are passionate about.
Providing excellent client service to our priority clients to agree cash flows, providing all round client service to our global business
Investigating and resolving pre and post cash settlement discrepancies and non-receipts. Undertaking cash reconciliations
Reporting on and clearing cash breaks. Analysing and resolving a wide variety of derivatives operations problems
Liaising with London, Hong Kong, Singapore and New York Trade Support to resolve and call out risk and break issues
Adding value though implementation of improvements to the system infrastructure and control environment by taking part in project and ad-hoc testing
Preforming root cause analysis, communicating updates and critical issue to senior management and making constant effort to improve client service and efficiency.
The below FDCO description should be prefixed in all job descriptions:
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.
Excellent communication and negotiation skills
Ability to build relationships across all levels of seniority and with internal and external clients
Excellent numeracy and analytical skills including data reconciliation and interpretation. Good level of competence in Excel and Outlook
Excellent organisational skills with the ability to prioritise and multi-task in a high-energy environment and to learn and develop in a fast paced, high volume environment
A keen problem solver and a thirst for process improvement combined with excellent attention to detail and accuracy
Bank of America:
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
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