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Transaction Management Ops Analyst

Transaction Management Ops Analyst

CompanyBank of America
LocationLawrence Township, NJ, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelJunior, 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.)