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!
Job Description:
This role is critical to support the Singapore FX trading desk to ensure all trades are timely and correctly captured for desk. The role is responsible for also resolving all operational queries. This includes trade reconciliations, coordination with trading, Sales, Ops and Finance teams. Filling this role is essential for maintain BAU for the trading desk.
Responsibilities:
Trading Assistants (TA) give direct support to the Front Office. This support broadly encompasses activities involving:
- Trade capture
- Funding
- Amendment
- Sales workflow
- Auctions
- Ad-hoc miscellaneous business support such as NPR's / NST, MIS, data gathering, acting as a tech liaison, projects and change management.
- Ensure all trades are timely and correctly captured for the trading desk (bonds, futures, FX, OTC derivatives, etc.)
- Resolve all associated operational queries. This includes trade reconciliations, coordination with trading, Sales, Ops and Finance teams
- Timely response to internal client queries regarding trades bookings
- Liaising with other internal departments to ensure timely resolution to feeding and other risk issues
- Involvement in ad hoc projects for new processes or initiatives
- Real time coordination and interaction exists between Trader and Trade Assistant through the trade capture, risk validation, other portfolio activity. It is the TA responsibility to ensure applicable TO completeness and accuracy controls are performed in a timely and accurate manner.
- The Trader/ TA engagements continue through the trade lifecycle with Control Partners. The TA will be responsible as a first point of contact for queries related to Trade bookings, PnL/Risk exceptions, or any ad-hoc requirements of the other teams
Requirements:
We are seeking a dynamic candidate who is quantitative, analytical, proactive, a team player, able to work under pressure and to tight time constraints and has excellent attention to detail. This position requires daily liaison with many different groups across the organization and so, candidates must have a high level of communication and interpersonal skills. The candidate must have good knowledge on Rates derivatives products and demonstrate maturity, sense of urgency and have a good understanding in the derivatives sales and trading flows.
- 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
