MO Trade Cntrl Prof MKTS

MO Trade Cntrl Prof MKTS Location: New York 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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This role is responsible for performing/overseeing trade booking and trade validation, including the analysis and resolution of a wide variety of complex products that may require special handling or exception reporting. The role supports ongoing trade maintenance and reporting as well as supporting the implementation of improvements to the system infrastructure and control environment. The role may also require handling of regulatory queries as well as participation in audit reviews. These individuals provide general team guidance and interact daily with senior trading personnel. LOB Description: Operations plays a vital role in enabling the firm’s ability to innovate and deliver the solutions our clients need. The function partners closely with Trading, Sales, and Asset Management to support entry into new markets, the launch of new products, and the effective management of the firm’s high transaction volumes. From simple securities to complex structured derivatives, Operations provides end-to-end support across the trade lifecycle. The organization is responsible for ensuring efficient, accurate, and scalable transaction processing across a diverse set of financial instruments that often require close alignment with the business. A core priority for Operations is the establishment of robust risk management procedures and controls, ensuring both the firm and its clients are appropriately protected. At the same time, Operations is at the forefront of driving industry transformation, with a focus on enhancing accuracy, strengthening controls, and improving overall efficiency through innovation and process optimization. This specific role will be focused on the Trade Control functions supporting the Global Credit Trading Desk with a focus on Credit Derivative products including Single Name CDS, CD Index, CD Tranche and CD Index Options. This role will support daily trade flows, lifecycle event management, reconciliations, reporting, regulatory initiatives, clearing and compression workflows across products. Responsibilities: Direct face off to the business and partnership with the various stakeholders to strategically deliver on GMO/ business requirements and the evolving market environment as necessary. Work closely with the Trading Desk to support the business and perform Trade Control responsibilities such as – Trade Validation – Timely and accurate management of trade capture process to ensure all trades are booked according to terms of underlying agreement in both Front-Office and down-stream applications. Provide support to assigned trading desks – Support the Trading desk across all Trade Control related functions in a timely and accurate manner Ongoing Trade maintenance – Manage trade lifecycle events & perform trade amendments as required Investigate and resolve breaks – Work closely with Front and Back Office to resolve breaks (e.g. Cash, Collateral, Valuations, Documentation etc) Production of daily reports – Distribute Daily reports to the Trading desk, business partners and Senior Management (requiring a high level of attention to detail) Resolve Risk and P&L issues - Work closely with Front Office, Risk and Finance to resolve issues in a timely manner Resolving client issues – Working with Sales and Client Management teams to ensure that client issues are addressed and resolved. Credit Default Event - Manage and Process Credit Events working with Front office, Technology and P&L to execute successfully. Resolve queries – Investigate any issues raised to the team, liaising with Front Office, Back Office and/or the client as necessary. Build and maintain relationships across senior business leads and support partners Involvement in ad hoc projects for new processes or industry initiatives Required Qualifications: Bachelor's Degree in either Math, Finance, Engineering or Tech 3 years of line work experience in Middle Office or Trade Control Excellent ability to work in a team and with a wide user group across multiple functions Good attention to detail and drive to ensure necessary work is completed to a high standard Ability to work in a high-pressure environment Strong interpersonal and communication (verbal & written) skills Ability to work diligently, independently and prioritize multiple demands Proficient in MS Office – particularly Excel Desired Qualifications: Experience in working with fixed income derivatives and securities – working knowledge of bonds/CDS is an advantage Understanding of the regulatory environment, legal entity strategy and the importance of robust internal controls Inquisitive and possesses strong analytical & problem-solving skills Partner with team, business and technology partners to embrace change and accomplish goals Strong knowledge of general business and corporate cultures Skills: Attention to Detail Customer and Client Focus Process Performance Management Research Adaptability Business Analytics Critical Thinking Reporting Written Communications Data Management Process Effectiveness Strategic Thinking Shift: 1st shift (United States of America) Hours Per Week: 40 Pay Transparency details US - NY - New York - 1100 Ave Of The Americas - Two Bryant Park (NY1540) Pay and benefits information Pay range $83,100.00 - $140,500.00 annualized salary, offers to be determined based on experience, education and skill set. Discretionary incentive eligible This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.