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Markets Support Analyst

Process and reconcile corporate action events for diverse client portfolios
Jacksonville, Florida, United States
Junior
12 hours agoBe an early applicant
Bank of America

Bank of America

One of the largest financial institutions in the United States, offering banking, investing, and financial services to individuals and businesses.

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Job Title

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 an 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. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Responsible for the processing of US and International Mandatory Corporate Action event types on behalf BOFAS/MLPFS client tiers & trading desks. Role includes but not limited to: identifying, reviewing and analyzing all Corporate Action event information related to Mandatory & Redemption events; timely and accurate completion of payments; reconciliation and clearance of ledger balances and breaks; Interface with DTCC, International Custodians, Depots, Transfer Agents and external counterparties/ Brokers.

Requirements:

  • Knowledge of Banking / Financial Services Industry; Asset Services or Operations experience a plus. Minimum Years Of Experience 2 years
  • Excellent communications skills and ability to present to an audience
  • Ability to work under pressure in a team environment
  • Timely response to internal/external queries regarding mandatory event processing
  • Works effectively with others by establishing and maintaining positive working relationships built on mutual respect and trust
  • Escalate issues that demonstrate risk to customers/clients and/or the company
  • Self-motivated and able to work unsupervised. Candidate will be able to manage own time and know when to escalate
  • Liaising with other internal departments to ensure timely resolution of breaks, payables and receivables
  • Involvement in ad hoc projects for new processes or industry initiatives
  • Seeks to advance knowledge and improve skills

Other Qualifications:

  • 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

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Markets Support Analyst
Jacksonville, Florida, United States
Technical Support
About Bank of America
One of the largest financial institutions in the United States, offering banking, investing, and financial services to individuals and businesses.