Singapore, SGP
17 days ago
Officer, Markets Support Analyst (Equity Derivatives Settlements), Global Market Operations
Officer, Markets Support Analyst (Equity Derivatives Settlements), Global Market 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/Officer--Equity-Derivatives-Settlements--Global-Market-Operations\_25027051) **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** The Global Derivatives Operations (GDO) team perform end to end confirmation and settlements processes across FICC and Equity Derivatives products. The APAC Equity Derivative Operations team is currently looking for an associate for the Team. The candidate will be responsible for supporting the Equity Derivatives Settlements and Confirmation functions in APAC region. This is a highly challenging role which provides an opportunity to work in a dynamic and diverse team, and learning the end to end processes for equity derivative settlements and confirmations. **Responsibilities** Daily duties will be comprised of the following but are not limited to: • Liaise with clients on trade settlements issues including confirmation of settlement amounts, exchanging of SSIs and finalization of settlement confirmation arrangements. • Follow up in resolution of trade discrepancies with clients, trade control and front office. • Ensure accuracy and completeness of settlement details in payment system. • Point of contact for clients on payment inquiries. • Control, monitor and resolve settlements/system breaks status. • Checking of legal confirmations issued in accordance with ISDA Definitions. • Liaise with Legal, Credit, and Front Office teams in resolving documentation related queries for priority clients. • Affirming trade economic details and chasing outstanding confirmations. • Participate in projects and process improvement initiatives. **Required Skills** • Diploma or Degree qualification • A good team player, fast learner and ability to work under pressure in a team environment. • Good organizational skills and understanding of Back office Operations responsibilities and processes. • Able to communicate effectively with sensitive clients, middle office, trade control and other teams globally. • Proficiency in MS Product Suite. • Product knowledge of Equities derivative products and ISDA Definitions/Master Confirmation Agreements preferred. • Knowledge of Operational Risk, Reg W, Client Money Protection and Funding. **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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