Singapore, SGP
3 days ago
AVP / VP, Markets Support Specialist (APAC Securities Lending), Global Markets Operations
AVP / VP, Markets Support Specialist (APAC Securities Lending), Global Markets Operations Singapore, Singapore **To proceed with your application, you must be at least 18 years of age.** Acknowledge Refer a friend **To proceed with your application, you must be at least 18 years of age.** Acknowledge (https://ghr.wd1.myworkdayjobs.com/lateral-apac/job/Singapore/AVP---VP--Stock-Loan-Middle-Office--Syndicate-Operations---Reconciliations--Global-Markets-Operations\_25022304-1) **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! **Job Description** We are seeking a candidate to fill the responsibilities of being a senior member (B5) of a multi-functional team covering Stock Loan Middle Office, Syndicate Operations & Reconciliations. Products covered include: Listed (Equities, Futures and Options), and Over-the-Counter (Swaps, Derivatives) for Global Clients trading in APAC markets. This is a role which offers an excellent opportunity for the right candidate. . The candidate needs to be quantitative, analytical, proactive, a strong team player, able to work under pressure with tight timelines/high volumes and has excellent attention to detail. The APAC Securities Lending function is responsible for day-to-day support of the APAC Securities Lending (SBL) desks. Daily activities focus on trade support functions such as trade bookings, position management and optimization, collateral management and the reconciliation of cash and securities positions. The successful candidate would operate within a dynamic, fast paced environment interacting closely with business counterparts and with colleagues across operations to ensure smooth operational processing. Understanding of IPOs/Block Trades/Equity & Debt Issuance is a plus. The candidate should have proven front-to-back equities lifecycle experience operating in Global Markets. This is a Middle Office role and the candidate must demonstrate front-to-back understanding of the products together with the functions and lifecycle within Middle Office. Familiarity with APAC market nuances is essential. Given that this is a senior BAU role, the candidate can also expect to be exposed to project contributions and other strategic initiatives. The candidate may also expect that exposure is given to basic team management. **Responsibilities** • Ownership of day-to-day securities lending transactional processing for APAC markets. Role may also include reconciliations. • Trade bookings, amendments and exceptions processing. • Position management and asset optimization. • Management of counterparty exposure. • Fails and inventory management. • Supporting business growth by working closely with front office, technology and global operations teams. • Support a risk focused culture. Anticipate risks and escalate appropriately. • Foster an environment which constantly questions process inefficiencies and implements appropriate improvements. **Requirements** • 5+ years of investment banking experience, preferably in a trade support or settlements function. • Good understanding of the life cycle of a trade and related interactions between internal stakeholders. Experience in APAC markets, settlements and reconciliations preferred. • Quantitative, analytical, proactive, able to work under pressure with high volumes while adhering to tight deadlines. Meticulous attention to detail. • Strong team player able to contribute well to team goals; works collaboratively with peers and stakeholders. • Control and risk focused. Able to independently initiate solutions to remediate problems. • Excellent communication and interpersonal skills. • Some level of people management skills would be beneficial. • Degree qualification is essential • Proficiency in MS Product Suite i.e. Excel, Word • Alteryx, Artificial Intelligence, Robotics experience is not a pre-requisite but good to have **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 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, 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. To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) . View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) . Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE . 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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work. This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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