Job Description:

Job Title: Derivatives Confirmations – Issuing & Negotiation   

Corporate Title: Officer

Location:  Chester

Company Overview:

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!

Location: Chester

Be part of something special at Bank of America Chester. Part of a leading global financial institution, we are looking for high potential individuals to join us in driving our people forward. Bank of America Chester is an exciting, diverse workplace where we are committed to delivering a great client experience to the businesses and individuals who call Chester home. Join our team today and find a rewarding, global career.

Role Description:

The role is responsible for the timely issuance and execution of trade confirmations across Fixed Income and Equity products for the Global Markets business. The team will need to liaise with Trading/Sales, Legal and other operational teams as well as external clients and understand the flow of trade confirmations from trade booking to drafting the document to chasing our counterparties for execution of the confirmations. This role offers a high level of visibility as you will work with a number of other internal teams to provide seamless delivery and support to a range of stakeholders.

Responsibilities:

Identifies and flags potential risks in a timely mannerEnsure timely and accurate drafting of confirmations to our Global Markets clients.Resolve complex legal language discrepancies on Equity confirmation within a timely manner.Challenge the team’s processes and generate ideas to improve how we do things.Active involvement with our Change and Technology partners to drive forward process enhancementsAbility to adapt quickly to changes in the market, regulatory and internal business environment.Capture RCA (Root Cause Analysis) data to identify process enhancements and/or improved controlsCommunicate effectively with internal and external partners to build productive working relationships and find long term solutions to recurring issues

What we are looking for:

Analytical skills including data reconciliation and interpretationExcellent organizational skills - ability to switch between tasks and to prioritize work effectively Excellent communication skills - ability to run effective meetings and engage knowledgably and confidently with different stakeholders across the organization, building relationships with both internal and external clientsLogical approach to problem solving and a hunger for process improvementExcellent attention to detail and accuracyGood sense of judgement, knows when to escalate and how to manage senior management expectations

Benefits of working at Bank of America

UK

Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partnerCompetitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annumThe ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etcUse of a flex fund to use towards benefitsAccess to an emotional wellbeing helpline, mental health first aiders and virtual GP servicesAbility to donate to charities of your choice directly through payroll and the bank will match your contributionOpportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutionsOpportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

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.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.