Transaction Management Ops Analyst
Company | Bank of America |
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Location | Lawrence Township, NJ, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Junior, Mid Level |
Requirements
- Proficient in performing basic mathematical calculations (multiplication, division, etc.) with accuracy
- Strong working knowledge of Microsoft Office applications, including Excel, Word, and PowerPoint
- Strong organizational skills, attention to detail, and ability to work independently with minimal supervision
- Strong written and verbal communication skills in order to perform in a proactive and effective manner across all levels of the organization
Responsibilities
- Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and procedures
- Responds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client service
- Responsible for the analysis and resolution of moderately complex transactions requiring escalations and exceptions
- Proactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units
Preferred Qualifications
- College degree preferred
- Ability to interpret and effectively communicate information contained in account holdings, activity, and balances.
- Knowledge of margin and option requirements.
- Understanding of the Securities Industry and the various internal and external rules and regulations affecting the industry and department (e.g., Regulation T, Regulation U, FINRA, firm policies and procedures, etc.).
- Familiarity with processing financial transaction requests via ASAP & ATCS.
- Knowledge of Securities Based Lending products offered by ML (Margin, Options, LMA, ML Home Loans, etc.)