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Global Collateral Operations Support Specialist - Global Markets Operations - Global Operations - Military Veterans

at Bank of America

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 a diverse and 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.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Summary:

This role is to join the Optimization team in the US within Global Collateral Operations.
The primary responsibility of the position is to provide comprehensive support of day-to-day collateral funding processes for the Americas while ensuring appropriate risk mitigation controls are followed.
In addition, the ideal candidate will support ancillary initiative work geared toward developing and implementing innovative service solutions to meet clients' needs globally.
Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm.

Responsibilities:
• 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.
• 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.
• Daily escalations and support.
• Managing client issues, meetings, or inquiries.
• Coordinate and provide updates/commentary for monthly MIS to senior management.
• Responsible for weekly breaks meeting with senior manager.
• Identify areas for improvement on client metrics or business metrics.
• Business as usual managerial support and back-up.
• Meeting with internal business partners.

Required Skills:

• A strong understanding of financial markets preferably Fixed Income and Derivative products.
• Past experience with operational processes as they relate to fixed income and derivative products.
• Strong communication skills.
• Ability to meet deadlines and work autonomously.
• Ability to handle high pressure situations.
• Proficient in Excel and PowerPoint.

Skills

• College degree or related work experience.
• Ability to juggle multiple tasks.
• Organizational skills with emphasis on the ability to prioritize responsibilities.
• Track record of working in detail oriented roles.
• An understanding of financial markets documentation (ISDA CSA, GMRA, MRA, etc.).

Shift:
1st shift (United States of America)

Hours Per Week:
40

Chicago, IL

Bank of America

You’ve led troops, now help lead your community 

As a leader in the military, you motivated troops to get the job done. We value your ability to influence change and encourage you to continue that influence here and in our communities. Our Military Affairs Team proudly supports veterans in our communities through education and volunteer events. Together, we can create better communities and a brighter future for us all. 

First you fought for the American dream, now you can guide its future

You joined the military to protect a nation and its people. Let the same passion for making a difference lead you to a new career. At Bank of America, we’re proud that more than 6,800 veterans work for us. They’ve discovered that their desire to help others didn’t end with their service. Here, you’ll help our customers and clients connect to better financial lives.

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