Job Description:

Job Title: Global Collateral Operations – Markets Support Analyst

Corporate Title: Officer

Location:  Bromley

Company Overview:

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!

Location:

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you will find plentiful and easy commuting routes, with central London just 15 minutes away by train.

Job Description:

Global Collateral Operations & Exchange Traded Derivatives Operations are responsible for the exchange of collateral to reduce counterparty credit risk and for the support of post-execution trade clearing and product lifecycle management.  Our global team consists of a diverse pool of over 500 individuals spanning 16 cities across 8 countries. We provide front-to back support for a broad range of Clients (hedge funds, market makers, trading firms, advisers and investment banks), Global Market products and businesses including Futures and Options & OTC Cleared (F&O), Prime Finance, Global Wealth Management, OTC Bi-lateral Derivatives, Fixed Income Bi-Lateral Repo and To Be Announced.

We are looking to recruit an individual within the GCO & ETD Ops Shared Services team. 

The candidate will be able to seamlessly fit into a dynamic role with a high level of interaction with multiple teams across Global Collateral Operations and the wider Global Markets business. The candidate will need to proactively implement best practice processes in line with the new Shared Services operating model framework. 

Responsibilities:

Provide support with the implementation of the new Shared Services operating model.Perform required Shared Services activities to support GCO and ETD Operations.Ensure compliance with regulatory and industry mandates across 15 Legal EntitiesResearch and resolve problems within the line of businessDay-to-day analysis, research, and resolution of varied problemsExplore methods to enhance processes, further reduce risks, and boost client satisfactionCross-team collaboration and exposure to diverse product linesInvolvement in ad hoc projects for new processes or industry initiatives.

What we are looking for:

Basic Excel knowledgeReconciling data setsData Mining – Identifying key data points, isolating for further analysisAbility to manage multiple priorities and multitaskAbility to work in a team environmentAbility to meet tight deadlinesAbility to problem-solve and take ownership of process improvementsCandidate should be intellectually curious and understand what drives processes

Skills that will help:

Previous experience within a Shared Services team will be useful.Experience of using Tableau, Alteryx or other data visualisation tools is desirable.Excellent verbal and written communication skills with ability to communicate with various stakeholders. Excellent time management and prioritization skills

Benefits of working at Bank of America

UK

Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partnerCompetitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annumThe ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etcUse of a flex fund to use towards benefitsAccess to an emotional wellbeing helpline, mental health first aiders and virtual GP servicesAbility to donate to charities of your choice directly through payroll and the bank will match your contributionOpportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutionsOpportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are 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 dependents, 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.