Bank of America - GLOBAL CLIENT ASSETS - OS - Operations MKTS - H5 Jax, FL in Jacksonville, Florida

Job Description:

Ensuring the accurate designation of customer accounts for the purposes of 15c3-3 is critical to ensuring compliance with the Firm's regulatory commitments. The associate in this role will be responsible for implementing the requirement process enhancements in regards to customer account designation in regards to 15c3-3. This will include leading efforts to complete key risk issues already identified including building tactical and strategic reconciliation solutions, along with working with key stakeholders to define and implement long term strategic technology solutions to enhance the existing control environment. The role will also require an associate to proactively identify and document further areas for improvement and executing remediation plans accordingly. The role will also include responsibilities to implement 'BAU' processes and supporting the transition of those processes into a 'Business as Usual'state, including documentation, procedures, and training. Role will require close work with a number of key business partners including Finance, Technology, Legal, On-boarding teams, and Compliance. Associate will be required to foster close collaborative relationships with key stakeholders to ensure success. Associate must be well organised and be able to manage a large book of work to a defined time frame. Associate should also be able to produce regular management update materials and be able to present effectively to a senior level. Associate should show a willingness and ability to challenge existing processes, be able to define potential solutions and effectively communicate those ideas to stakeholders. The role requires a good understanding of 15c3-3 regulations, particularly in regards to customer designation requirements. A good understanding of Possession or Control and Reserve computations is also key."

Provides technical and analytical support in a global markets operations function for one or more operations product areas. Responsible for the analysis and resolution of complex operations problems and initiatives requiring exceptional handling and/or coordination of multiple operational and/or product specialists to resolve. May manage projects and/or the introduction of new initiatives, systems, products/services and processes, coordinating necessary expertise across multiple operations functions and/or products. As a technical expert, may also function as an informal team lead, providing work direction and technical guidance to less experienced employees in resolving complex transactions and operational problems. Requires extensive experience in an operations support function with thorough working knowledge of fundamental business structure and operational aspects for specific transactions and products. As a technical expert, will consult on a wide variety of topics across functional and business support lines. To be used for employees in Global Markets only.

Posting Date : 04/16/2018

Location :

Jacksonville, FL, JACKSONVILLE 3, 4804 DEER LAKE DR E,

  • United States

Travel : Yes, 5% of the time

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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