Control Initiative Jr Analyst/Program Manager Trade Support

If interested, must apply at www.bankofamerica.com/careers and reference job # 1000008756.

As part of the Bank of America Merrill Lynch Equity Control Initiative Group, the candidate will serve as an integral part of a multi-disciplinary team whose mandate is to ensure that project deliverables are implemented in an efficient manner. The candidate will act as a change agent, will focus on Trade Capture initiatives at every phase of the project life cycle. The individual will use his/her knowledge of processes and best practices to assist in the identification, assessment and resolution of complex issues/problems relating to Trade Capture.

The role of this analyst will require the candidate to have working knowledge of "front to back" processes within Derivative Operations and Mid Office. Strong communication skills are a prerequisite as this role will have direct exposure to senior global management within Equity Derivatives Business and extensive communication with various stakeholder groups. Sound knowledge of the control environment is also critical as process improvements will be continually implemented.

Department summary:
The mandate of the Global Equity Strategic Initiatives & Finance Integration team is:

• To own all change activities relating to the Equity middle office, be they transition, process optimization, revenue generation or cost reduction.
• To work across Lines of Business to harmonize operational controls, sub-ledger, P&L Reporting and touch points with regulatory and risk partners.

The team work on all stages of the project lifecycle, from inception through post-live control and partners closely with the Front Office, line Middle Office, Operations, Risk and Finance to deliver optimal business solutions.

The ideal candidate has middle office operations experience supporting trading desks and P&L processes and is looking to impact the business by managing change initiatives. He/She will have the desire to advance their skills in project management, reporting and oversight in order to affect change and promote improvements in the overall support environment.

Responsibilities:
The successful candidate will be able to demonstrate strong analytical skills relating to process and workflow deliveries in the Front or Middle Office.

• Analyze and document current process and workflow's.
• Contribute to high level business requirement gathering with global stakeholders.
• Document detailed business requirements.
• Discuss, explain, and negotiate business requirements with business users and stakeholders.
• Propose solutions and address and resolve issues raised by stakeholders.
• Responsible for hands-on problem resolution, business requirement documentation, and UAT.

Provide detailed, accurate reporting relating to project requirements and deliverables.
Responsible for the execution of individual project activities. May include documentation of business processes and business requirements, execution of user testing and project implementations. Liaises with technology, line and other partners at the working level. Theoretical product knowledge/knowledge of financial instruments accounting relevant to their area. Awareness of project management skills and strong desktop application skills (Excel, Access). BA preferred or substantially equivalent experience. Typically 1-3 years of applicable experience.

Requirements:
The successful candidate will possess the following qualifications:

• College Degree required.
• Trade Capture or project management background; experience in a financial services mid office processing or controller function desirable.
• Strong understanding of Trade Capture processing scenarios and flows.
• Ability to drive change. Strong collaboration and relationship management skills. High sense of urgency with ability to drive results.
• Business Analyst Ability. 4+ years performing business analysis/definition and related work supporting projects and business change. Have experience in requirement gathering, process definition and documentation skills, with ability to handle diverse workload and tight schedules. Strong problem solving, negotiation and problem resolution skills.
• Strong Understanding of financial processes. Equities, Derivatives or related Middle office experience a strong plus. Experience in Middle Office/Finance/Operations re-engineering initiatives. Must have ability to apply strategic thinking to organizational and business issues, ability to translate into practical plans for project execution.
• Must be able to operate in an exceptionally detail oriented manner.
• Excellent verbal and written communication/presentation skills. Ability to bridge communication amongst diverse stakeholder groups. Ability to work across global business groups and in a team environment. Strong inter-personal and negotiation skills.
  
  In return for your talent, Bank of America offers outstanding career opportunities and advancement and promotes a healthy work/life balance through special benefits and programs.
  
  Bank of America is an Equal Opportunity Employer M/F/D/V.