Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our 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 providing standard research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Line Of Business Job Description:

Position will support the Global Accounting & Reconciliation Team within Global Operations Shared Operations. Functions include but are not limited to: preparation of daily / monthly reconciliations including month-end balance sheet attestation. Partake in tactical and strategic projects focused on improving the reconciliation space, executing controls to reduce risk across the recon utility, and overall support of the operating model.

Responsibilities:

• Maintains accuracy of client portfolio using internal and external comparison tools
• Performs research and conducts standard analyses using established techniques, including transactions that require special handling and exception handling
• Explores methods to enhance processes, further reduce risks, and boost client experience
• Partners with colleagues on the trade and sales support teams, as well as external agents
• Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting
• Escalates potential risks and exposures to manager in a timely manner
• Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions
•  Serve as a reconciliation team member contributing to daily BAU production work through the completion of responsible reconciliations.
•  Contribute to reducing risks and driving  operational excellence in the reconciliation space including but not limited to:
• Initiatives involving automation & streamlining of processes to reduce time spend and improve the overall reconciliation experience
• Deep dive analysis of reconciliations and related processes to identify issues and areas of improvement
• Operational Excellence initiatives related to the implementation of workflow and reconciliation tools aimed at streamlining daily recon production and break management workflows

Required Qualifications:

Experience with reconciliation systems

• Intermediate Excel experience

• Strong communication skills (written and verbal)

• Demonstrated ability to problem solve

• Ability to work under pressure in a team environment

• Demonstrated experience liaising and working across various teams

• Self-motivated and inquisitive. Successful candidate will be able to manage own time, prioritize to meet tight deadlines and know when to escalate.

• Strong focus on attention to detail

• Demonstrated ability to manage multiple priorities/tasks

• Demonstrated ability/willingness to continuously learn on the job

Skills:

• Attention to Detail
• Critical Thinking
• Data Collection and Entry
• Recording/Organizing Information
• Research
• Fraud Management
• Interpret Relevant Laws, Rules, and Regulations
• Problem Solving
• Quality Assurance
• Risk Management
• Adaptability
• Customer and Client Focus
• Prioritization
• Result Orientation
• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week: 

40