Emea Credit Trading Assistant - London, United Kingdom - Bank of America

Bank of America
Bank of America
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

Job Title:
EMEA Credit Trading Assistant

Corporate Title:
Assistant Vice President

Location:
London

Role Description:


Bank of America is hiring a Trader Assistant that supports the EMEA & CEEMEA Credit desks within the Global Credit business.

The TA will be responsible for numerous support tasks such as booking trades, trade validation, trade maintenance, portfolio review, break investigation & resolution, report preparation as well as control and query work.

The role is well suited to a conscientious, hardworking and motivated individual. The successful applicant will work closely with Front Office & other stakeholders across a variety of asset classes.


The Team:


The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.

Within FDCO, the teams provide multiple services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.


Core Skills:


  • Responsible for trade capture, validation and exception monitoring, adhering to the necessary regulatory framework and legal entity strategy
  • Supporting both the flow and structured credit businesses
  • Work with support partners to make necessary amendments to trades
  • Monitor and process time sensitive requests relating to trade bookings, settlement issues and/or downstream feeds
  • Work with the desk to monitor and minimize FX exposure
  • Submit house and client orders in CDS Credit Event Auctions
  • Resolve Risk and P&L issues
  • Work closely with Front Office, Risk and P&L to resolve issues in a timely manner
  • Monitor news flow and where relevant, advise support partners of upcoming events
  • Resolving client issues working with sales and client management teams to ensure that client issues are addressed and resolved.
  • Resolve queries for the trading desk and related support partners
  • Cooperate with trading, sales, COO teams and often other LOB partners to enable the business
  • Build and maintain relationships across senior business leads and support partners
  • Involvement is various initiatives across both the business and the trade control organisation

Other Skills:


  • 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.

Bank of America


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.


In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank.

We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.

Learn more about our benefits here.

Good conduct and sound judgment are crucial to our long-term success.

It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk.

Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.


  • As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment._

Job Band:

H5


Shift:


Hours Per Week:

0


Weekly Schedule:


Referral Bonus Amount:

0
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