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 role is critical to support the Hong Kong FICC FX LCT trading desk to ensure all trades are timely and correctly captured for desk. The role is responsible for also resolving all operational queries. This includes trade reconciliations, coordination with trading, Sales, Ops and Finance teams. Filling this role is essential for maintain BAU for the trading desk.
Responsibilities:
Trading Assistants (TA) give direct support to the Front Office. This support broadly encompasses activities involving:
Trade captureFundingAmendmentSales workflowAuctionsAd-hoc miscellaneous business support such as NPR's / NST, MIS, data gathering, acting as a tech liaison, projects and change management. Ensure all trades are timely and correctly captured for the trading desk (bonds, futures, FX, OTC derivatives, etc.)Resolve all associated operational queries. This includes trade reconciliations, coordination with trading, Sales, Ops and Finance teamsTimely response to internal client queries regarding trades bookingsLiaising with other internal departments to ensure timely resolution to feeding and other risk issuesInvolvement in ad hoc projects for new processes or initiativesReal time coordination and interaction exists between Trader and Trade Assistant through the trade capture, risk validation, other portfolio activity. It is the TA responsibility to ensure applicable TO completeness and accuracy controls are performed in a timely and accurate manner.The Trader/ TA engagements continue through the trade lifecycle with Control Partners. The TA will be responsible as a first point of contact for queries related to Trade bookings, PnL/Risk exceptions, or any ad-hoc requirements of the other teamsRequirements:
We are seeking a dynamic candidate who is quantitative, analytical, proactive, a team player, able to work under pressure and to tight time constraints and has excellent attention to detail. This position requires daily liaison with many different groups across the organization and so, candidates must have a high level of communication and interpersonal skills. The candidate must have good knowledge on Rates derivatives products and demonstrate maturity, sense of urgency and have a good understanding in the derivatives sales and trading flows.
Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutionsExcels in working among diverse viewpoints to determine the best path forwardExperience in connecting with a diverse set of clients to understand future business needs – is a continuous learnerCommitment 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 baseBelieves in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world