-Ops Professional MKTS - Loan Trading Desk - Charlotte, NC

Company: Disability Solutions
Location: Charlotte
Posted on: October 11, 2024

Job 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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Description:This job is responsible for providing advanced end-to-end operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business, and cross-business functional support through the lifecycle of a trade. Key responsibilities include ensuring trading and operational activities are completed accurately and before deadlines, researching and resolving complex issues, and simplifying client interactions. Job expectations include being customer oriented and data driven, while focusing on continuous improvement.Responsibilities:

• Provides operational support for one or more activities within the lifecycle of a trade, including trade processing, trade settlement, accounting and reconciliation, lifecycle events, and collateral management
• Provides simplified client interactions and deepens client relationships across Global Banking and Markets' clients
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties including reconciliation management and governance of trade fails and breaks
• Performs tasks accurately during high volume periods in a team environment
• Improves and simplifies the client experience, reducing manual touchpoints
• Supports the implementation of new processes to improve the overall business operating model
• Identifies and flags potential risks in a timely mannerJob SummaryThe Global Markets Loan Operations Credit Information Group (CIG) primarily supports the Global Credit Trading Desk (GC). The desk trades in a variety of products such as syndicated loans, bilateral loans, bonds, private equity and aircraft. CIG maintains the Information Wall, prepares and executes confidentiality agreements, provides borrower information to clients and manages the credit event process for loan products. Credit events can include amendments, waivers, bankruptcies and corporate restructurings. Responsibilities--- Coordinate the credit event process for the desks, support partners and clients--- Interpret legal documentation and other materials related to complex credit events--- Perform due diligence required by flood regulations--- Confidentiality agreement preparation and execution--- Due diligence package preparation and distribution --- Manage the go private process and access to informationRequirements--- Prior Global Markets experience--- Presentable, confident and client focused.--- Excellent communications skills and proficiency with excel.--- Ability to work under pressure in a team environment.--- Ability to liaise with all levels of the firm and people with different experiences and backgrounds.--- Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate.--- Previous experience within secondary loan tradingSkills:
  • Attention to Detail
  • Written Communications
  • Data Collection and Entry
  • Oral Communications
  • Record Keeping
  • Recording/Organizing Information
  • Strategic Thinking
  • Active Listening
  • Decision Making
  • NegotiationShift:1st shift (United States of America)Hours Per Week: 40

Keywords: Disability Solutions, Burlington , -Ops Professional MKTS - Loan Trading Desk - Charlotte, NC, Accounting, Auditing , Charlotte, North Carolina