Market Support Analyst at Bank of America

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Feb, 26

Salary

40.9

Posted On

16 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Client Service, Communication Skills, Teamwork, Initiative, Time Management, Corporate Actions, Reconciliation, Operational Excellence, Problem Solving, Diversity Awareness, Innovation, Relationship Management, Attention to Detail, Pressure Management, Continuous Learning, Change Management

Industry

Banking

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. 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 an 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. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Processing Mandatory and Voluntary Corporate Actions for high profile clients. Reconciling cash / securities for our clients, counterparties with BOFA across products, market, and entities. Candidate must be on hand to offer premium Client service, deal with all Client queries, and manage the relationships between our clients and internal Boa departments. Direct interaction and oversight of daily processing functions within the team to ensure all control standards are met. Assist with large scale initiatives to drive operational excellence, reduce the risk profile, and be an integral part of the team's success. Ensure all control standards are met. Responsibilities: Perform daily Corporate Action event capture, payment allocation and reconciliation for US, Canadian and Latam products. Ensuring elections are processed in an accurate and timely Requirements: Presentable, confident and LOB / client focused. Ability to conduct discussions with internal, external clients, counterparties in a confident manner. Excellent communication skills and ability to present subject matter to an audience. Demonstrate the ability to work under pressure in a team environment. Initiative-taking and able to work with little or no supervision. Candidate will be able to manage their own time and know when to escalate issues. Minimum 2 years of Previous experience in corporate actions space is required. Other Qualifications: 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 Experience in connecting with a diverse set of clients to understand future business needs - is a continuous learner 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 Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world. Processing Mandatory and Voluntary Corporate Actions for high profile clients. Reconciling cash / securities for our clients, counterparties with BOFA across products, market, and entities. Candidate must be on hand to offer premium Client service, deal with all Client queries, and manage the relationships between our clients and internal Boa departments. Direct interaction and oversight of daily processing functions within the team to ensure all control standards are met. Assist with large scale initiatives to drive operational excellence, reduce the risk profile, and be an integral part of the team's success. Ensure all control standards are met. Enterprise Description overview This job is responsible for providing operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business through the lifecycle of a trade. Key responsibilities include handling trading and operational activities before deadlines, maintaining internal systems and providing operational support to internal partners. Job expectations include maintaining a high degree of accuracy with customers and data to ensure compliance with regulations and policies. 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 $26.10 - $40.90 hourly pay, offers to be determined based on experience, education and skill set. Predictable pay This role is compensated with a base salary and is not incentive eligible. 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. Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity. Getting started Regardless of the position you are interested in, the starting points to building your resume are the same: 1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications. 2. Think about why you can do the job and make a list of your skills that are relative to the job. 3. Identify experiences or accomplishments that show your proficiency in the skills required for the job. 4. Summarize your abilities, accomplishments and skills into a brief, concise document. Considerations when writing a resume • Do be brief. Resumes should be 1-2 pages in length. • Do be upbeat and active in your wording. • Do emphasize what you have done clearly and concretely. • Do be neat and well organized. • Do have others proofread and critique your resume. Spell check. Make it error free. • Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible. • Don't be dishonest, always tell the truth about yourself in the most flattering light. • Don't include salary history or requirements. • Don't include references. • Don't include accomplishments that do not support your professional goals. • Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.) • Don't use italics, underlining, shadows or other fancy treatments. Seven steps to a successful interview 1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview? 2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available? 3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight. 4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down. 5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks. 6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease. 7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage. Pay Transparency - https://careers.bankofamerica.com/en-us/pay-transparency Privacy Statement - https://careers.bankofamerica.com/en-us/privacy-notice

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Responsibilities

The Market Support Analyst will process mandatory and voluntary corporate actions for high-profile clients and reconcile cash and securities across various products and markets. The role involves direct interaction with clients and internal departments to ensure all control standards are met.