Confirmation Analyst - Markets

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for providing standard research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

LOB Job Description:

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

Within GFICCO, the teams provide multiple services such as GFICCO trade control, settlement, Over the Counter (OTC) derivative confirmation and settlement, and commodities operations.

The Commodities Confirmations Team is seeking a Confirmation 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.

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:

• Drafting Commodities confirmations vs ISDA legal confirmation based on trade bookings from the system of records (SOR).
• Affirmation of trade economics and chasing outstanding confirmations.
• Liaison with multiple stakeholders including Legal, Trade Control, and Front Office Trading and Sales.
• Review and resolve discrepancies on incoming confirmations from counterparties and electronic matching platforms.
• Measure trending client behaviors to identify candidates for automated confirmation processes.
• Review incoming confirmations.
• Collaborate with team members across all regions to develop and maintain globally consistent documentation process.

Required Qualifications:

• 1-3 years of experience in Financial Services
• 1 year of Microsoft Excel experience
• Must be client focused with a proven track record of excellent communication and interpersonal skills
• Ability to mitigate operational risk by demonstrating excellent attention to detail and having a control mindset
• Ability to adapt quickly to changes in the market, regulatory, and internal business environment
• Must be self-motivated and able to work independently
• Excellent organizational skills are required with the ability to prioritize daily responsibilities while working accurately in a fast-paced environment
• Logical approach to problem solving - taking ownership and offering practical solutions

Desired Qualifications:

• Bachelor’s Degree
• Commodities Operations experience
• Knowledge of Endur Openlink a plus
• 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

Skills:

• Attention to Detail
• Critical Thinking
• Research
• Problem Solving
• Adaptability
• Customer and Client Focus
• Prioritization
• Process Effectiveness
• Strategic Thinking
• Written Communications

Shift:

1st shift (United States of America)

Hours Per Week: 

40