Global Foreign Exchange Operations Manager

Posted 2 Days Ago
Be an Early Applicant
Charlotte, NC
Senior level
Big Data • Fintech • Mobile • Payments • Financial Services • Data Privacy
The Role
As a Global Foreign Exchange Operations Manager, you will oversee a team managing bank balances, support settlement instructions, ensure timely reporting to regulators, and analyze operational issues. Leadership and collaboration with global teams are key aspects of the role, demanding strong analytical skills and effective communication.
Summary Generated by Built In

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 Summary

Currency, Commodities & Derivative Operations (CCDO) provides full operational support for the FX and Commodities businesses, including Trade Control, Confirmations and Settlements, as well as supporting the FI & Equity businesses by performing confirmations and settlements for OTC derivatives.

Are you analytical? Do you enjoy working in a team, leading a team and building strong relationships? Do you have a curious mind? If so, you would fit right into the GCCDO Balance, Account and SSI Management team.

We are currently seeing a Leader to manage the team. We focus on effective bank balance management, support the set-up of client Settlement Instructions and provide support to key stakeholders. This is an excellent opportunity for a highly motivated individual to be part of a growing and evolving business. As the manager of the team, you will provide Charlotte site leadership for Balance Management and Client Account Set-up Operations. Partner with the global managers to create and deliver the global strategy for the team, providing a value add service. You will be able to apply critical thinking and an investigative mind set to review and remediate issues. This role offers a high level of visibility as you will work with a number of other internal teams to provide seamless delivery and support to a range of stakeholders.  We’re a team with a small presence in the US but are part of a global team, with teams based in APAC and EMEA.

What would your responsibilities include:

  • Prepare and submit confirmation timeliness reporting to the French regulator, ensuring accurate and timely reporting
  • Work as part of a global team monitoring bank account balances
  • Compile and anlayse data relating to bank account balances, overdrafts, fees and compensation charges
  • Oversee the settlement & confirmation static processes supported by the team
  • Review and update procedures to ensure documented processes remain current
  • Lead, develop, coach and motivate team members
  • Effective assessment and interpretation of changes to NFRR and AMF reporting requirements
  • Actively provides leadership and a senior point of escalation, with a purpose driven culture influenced across regions                                        

    Job Description

    This job is responsible for providing analytical support in a Global Markets Operations function for one or more operations product areas. Key responsibilities include analyzing and resolving highly complex operations problems and initiatives requiring exceptional handling and coordination of multiple operational and/or product specialists to resolve. Job expectations include managing projects and the introduction of new initiatives, systems, products, services, and processes and coordinating necessary expertise across multiple operations functions and product

    Required Skills

    • Proficient with MS Office – Excel, Word, PowerPoint, and Outlook
    • Recent Leadership and Coaching experience
    • Analytical skills including data reconciliation and interpretation
      Excellent organizational skills - ability to switch between tasks and to prioritize work effectively 
      Strong communication skills - ability to run effective meetings and engage knowledgably and confidently with different stakeholders across the organization, building strong relationships with both internal and external clients
    • Holds self and others accountable for high performance standards
      Logical approach to problem solving and a hunger for process improvement
      Excellent attention to detail and accuracy
      Good sense of judgment, knows when to escalate and how to manage senior management expectations
      Thrives in a team based environment, managing a team and working toward common goals, while having fun along the way
    • Comprehensive understanding of front to back operational processes and controls
    • Self motivated and able to work unsupervised

    Shift:

    1st shift (United States of America)

    Hours Per Week: 

    40

    Top Skills

    Excel
    Outlook
    PowerPoint
    Word
    The Company
    HQ: Charlotte, NC
    208,000 Employees
    On-site Workplace
    Year Founded: 1784

    What We Do

    We make financial lives better for our clients and our communities through the power of every connection. Our employees are at the heart of this purpose, and are key to driving responsible growth.

    Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

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