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:
This job is responsible for moderately complex transaction and fulfillment processing, including the movement of assets into and out of accounts. Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support for internal business partners and external clients, in accordance with established guidelines and procedures. Job expectations include handling in operational processes which may carry medium to high levels of monetary risk and assisting in training less experienced team members.

Responsibilities:

Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and proceduresResponds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client serviceResponsible for the analysis and resolution of moderately complex transactions requiring escalations and exceptionsProactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units

Skills:

Attention to DetailCustomer and Client FocusOral CommunicationsPrioritizationProblem SolvingAccount ManagementAnalytical ThinkingCoachingWritten CommunicationsMentoringResearchResult Orientation

Line of Business Job Description:

The Securities Settlement and Custody Operations group plays a significant role within Wealth Management Operations (WMO).  The organization is responsible for Clearing & Settlement for various Pierce and Private Bank distribution channels, servicing Private Bank Securities on PACE, Fund Relationship and Onboarding Mutual Fund & Alternative Investments. 

The Private Bank Security Set Up and Maintenance team supports various tasks related to servicing assets for Private Bank accounts.  The processes include but are not limited to, asset set up, maintenance, physical vault activities, and fair valuation functions for Private Bank Securities on the Private Bank Trust accounting system Profitability and Customer Enhancement (PACE). 

The candidate will be responsible for moderately complex activities supporting the assignment, sourcing, gathering, furnishing and movement of financial and client information and data. Key responsibilities include transaction processing, analyzing event details and requirements, and communicating effectively with peers, management, and business partners.  Job expectations include providing quality service and effective operations support for internal business partners and external clients.

Responsibilities include:

Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and procedures including escalation when necessaryResponds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client serviceProactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units

Required Skills:

Proficiency in Microsoft ExcelAbility to pick up new concepts and routines quicklyAbility to learn how to research more complex issues and make connections to processes across the departmentExcellent written and verbal communication skillsStrong work ethic and ability to quickly process large amounts of dataPrevious experience in financial services, especially within operationsBasic understanding of investment income 

Desired Skills:

Proactive approach to responsibilitiesOrganized with effective time managementCan analyze and process incoming payments with high accuracyComfortable balancing and reconciling large amounts of income​

Shift:

1st shift (United States of America)

Hours Per Week: 

40