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:
The Currency, Commodities & Deriviative Operations (CCDO) team perform end to end trade control, confirmation and settlements processes across CCDO businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses. Within CCDO, the teams provide multiple services such as CCDO trade control, settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations. The Commodities Trade Control Team is seeking a Trade Control Analyst to join our growing team. This role supports the expanding Global Commodities business covering multiple products, and instruments. Full technical training will be provided our role is focused on supporting the trading desk, and being responsible for trade validation/ reconciliation, trade amendments, regulatory & management reporting, process and risk improvement and issue resolution. We are looking for an enthusiastic individual who is intellectually curios, keen to develop, and has a great attention to detail all whilst working in a fast paced, diverse and rapidly evolving environment.
Responsibilities
• Trade Validation – reconciling trades to ensure trades are booked accurately in the system.
• Performing trade amendments to correct booking errors.
• Investigating and resolving breaks – Working closely with Sales, Trading and Operations to resolve breaks.
• Prepare regulatory reports for the Commodities Reporting Team
• Ensure breaches for completeness, accuracy, and timeliness are appropriately escalated and reported.
• Produce metrics on Commodities reporting
• Work on ad-hoc requests.
Required Qualifications:
• Keen desire for learning and intellectual curiosity
• Detail oriented
• Good controls mind set and risk appetite
• Experience working to tight deadlines
• Good communication and negotiation skills and the ability to build relationships across all levels of seniority
• Excellent organizational skills are required with the ability to prioritize daily workload whilst working accurately in a high-energy environment
• Keen analytical skills including data reconciliation and interpretation
• Logical approach to problem solving - taking ownership and offering practical solutions
• Must have 2-3 years of Power & Gas Commodities experience
Desired Qualifications
• Knowledge of ETRM system (Endur Openlink) a plus
• Commodities Mid-Office/Trade Control experience preferred
• 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
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• 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
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Shift:
1st shift (United States of America)
Hours Per Week:
40
Bank of America Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bank of America and has not been reviewed or approved by Bank of America.
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Fair & Transparent Compensation — Pay practices are framed as structured and backed by regular pay-equity analysis, which creates a sense of consistency even when higher pay is desired.
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Pay Growth & Progression — A high U.S. hourly pay floor of $25/hour is positioned as a meaningful baseline for frontline and support roles, improving perceived competitiveness at the lower end.
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Parental & Family Support — Parental leave, family-planning reimbursement, backup care, and “Life Event Services” are presented as substantial supports that strengthen the overall rewards package.
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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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