Market Operations Specialist
4 days ago
About the Role
We are seeking a highly skilled Market Operations Specialist to join our team in Bank of America. The successful candidate will be responsible for supervising a team that handles Fixed Income, FX and Money Markets asset transfers, settlements, risk, and control.
The ideal candidate must have up-to-date market knowledge on key initiatives and developments within the clearing and settlement space as well as regulatory understanding. They will be the main point of contact for clients on all operational issues and will act as Client advocate within BofA to ensure all clients' needs are met.
Key Responsibilities
- Review and approve asset transfers and settlements.
- Ensure accounting entries on the back of the transactions have flowed in correctly.
- Perform approver roles and other tasks to ensure appropriate segregation of duties within the Global Markets Operations team.
- Manage the tasks and volumes ensuring that all tasks for the day are completed in a timely manner and within deadlines.
- Ensure all required MI and stakeholder queries are completed in a timely manner as per expectations.
Additional Supervisory Responsibilities
- Ensuring that the team is complying with GMO, enterprise and regulatory requirements and standards.
- Serving as a key point of contact for Front Office, Compliance, Risk & Control, Country Management, Regional GMO Management, technology, HR, internal and external Audit, and occasional regulatory engagement.
- Engage closely with Malaysia Fulfilment Servicing (Banking) Operations, and other GMO leaders from APAC branches and hub locations.
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