Ops Professional MKTS-Global Market Operations
Company: Disability Solutions
Location: Chicago
Posted on: April 28, 2024
Job Description:
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 SummaryThe Chicago based ETD AMRS Operation
Control teams is responsible for in-line operation control routines
and monthly reconciliation control ownership/attestation. The
team's main directive is to ensure the integrity of ETD's process
health across all AMRS ETD Operations. The role provides a wide
range of exposure to different areas of listed derivatives ranging
from regional ETD Operations, Finance, Front Office, Technology and
Operation Support Teams. Additionally, this role has team lead
responsibilities which will entail fostering and coaching more
junior associates.This varies in activity, but the control team is
the conduit between external enterprise teams and the ETD LOB. This
position plays a key role in reviewing operational processes and
mitigating operational risk. The role provides a wide range of
exposure to different areas of listed derivatives ranging from ETD
Operations, Finance, Front Office, and Operation Support Teams.
Additionally, this role has team lead responsibilities which will
entail fostering and coaching more junior
associates.Responsibilities
- This role has team lead responsibilities which will entail
fostering and coaching more junior associates with the team manager
in the guidelines of the Enterprise values.
- Manage the expansion of building out a comprehensive regional
control infrastructure across regional Clearing, Deliveries,
Reconciliations, NFRR, Static Data/Data Control and CIS.
- Audit Response Support: Coordinate and consolidate Ops Audit
Responses
- In-Line Risk Process Assessments: Annual process & procedure
reviews of each of the ETD Operational team
- Enterprise Policy Review, Monitoring & Adherence Reviews across
AMRS ETD Operations
- Federal/State tax monitoring, withholding and remittance: Daily
& Monthly monitoring of Chapter 3, 4 & 61 / 871M (2019) withholding
activity.
- Quality Assurance Testing: Perform Daily/Monthly comprehensive
QA test across all of ETD AMRS Operation
- Seg of Duty Reconciliation Control Ownership: Ownership and
review of 1000+ ETD Reconciliations and signoffJob Description:This
job is responsible for providing analytical support in a Global
Markets Operations function for one or more operations product
areas. Key responsibilities include analyzing and resolving highly
complex operations problems and initiatives requiring exceptional
handling and coordination of multiple operational and/or product
specialists to resolve. Job expectations include managing projects
and the introduction of new initiatives, systems, products,
services, and processes and coordinating necessary expertise across
multiple operations functions and products.Responsibilities:
- Confirms loan documentation for accurate trade settlements
- Partners with Sales Associates, Traders, Research Analysts,
trading counterparties, internal and external attorneys,
administrative agent banks, and various other internal operations
groups
- Manages post-trade management and logistics, settlement
pricing, and closing coordination
- Analyzes and resolves highly complex operational problems
- Supports ad-hoc projects for new processes or industry
initiatives
- Processes loans end-to-end with accurate data input into
various credit and operating systemsRequired Skills
- Strong understanding of large complex organizations and how to
navigate to deliver.
- Futures industry experience working for a FCM, Exchange,
Clearing House, Regulator or Financial Industry Consultant.
- Demonstrates process manager excellence, having managed
processes in the past delivering superior tangible / quantifiable
results.
- Strong problem-solving and analytical skills, resilient in
finding solutions.
- Strong adaptability and strategic thinking skills
- Strong technical skills specifically in GMI, Excel and Power
Point
- Strong oral and written communicator
- Can demonstrate a strong risk management history.
- Candidate should be intellectually curious and understand what
drives processes, with ability to assess risk, propose design of
effective controls and implement to plan to streamline existing
processes.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 CommunicationsShift:1st shift (United States of
America)Hours Per Week: 40
Keywords: Disability Solutions, Berwyn , Ops Professional MKTS-Global Market Operations, Accounting, Auditing , Chicago, Illinois
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