Global Collateral Operations Support Specialist - Global Markets Operations - Global Operations

Global Collateral Operations Support Specialist - Global Markets Operations - Global Operations

Chicago, Illinois

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Summary:

This role is to join the Optimization team in the US within Global Collateral Operations.

The primary responsibility of the position is to provide comprehensive support of day-to-day collateral funding processes for the Americas while ensuring appropriate risk mitigation controls are followed.

In addition, the ideal candidate will support ancillary initiative work geared toward developing and implementing innovative service solutions to meet clients' needs globally.

Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm.

Responsibilities:

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.

• Excels in working among diverse viewpoints to determine the best path forward.

• Commitment to challenging the status quo and promoting positive change.

• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.

• Daily escalations and support.

• Managing client issues, meetings, or inquiries.

• Coordinate and provide updates/commentary for monthly MIS to senior management.

• Responsible for weekly breaks meeting with senior manager.

• Identify areas for improvement on client metrics or business metrics.

• Business as usual managerial support and back-up.

• Meeting with internal business partners.

Required Skills:

• A strong understanding of financial markets preferably Fixed Income and Derivative products.

• Past experience with operational processes as they relate to fixed income and derivative products.

• Strong communication skills.

• Ability to meet deadlines and work autonomously.

• Ability to handle high pressure situations.

• Proficient in Excel and PowerPoint.

Skills

• College degree or related work experience.

• Ability to juggle multiple tasks.

• Organizational skills with emphasis on the ability to prioritize responsibilities.

• Track record of working in detail oriented roles.

• An understanding of financial markets documentation (ISDA CSA, GMRA, MRA, etc.).

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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