Trade Control Analyst - Operations

Job Title : Trade Control Analyst

Corporate Title: Assistant Vice President

Location: London

Company Overview:

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!

Location:

Based just a stone’s throw from the magnificent St. Paul’s Cathedral is our London MLFC office, on bustling King Edward Street. Here you will find modern workspaces and a state-of-the-art auditorium space. In addition, we are proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus that have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop gardens and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.

An opportunity has arisen within Equities to join the Front office control team. The team sits within Middle Office Trade Control in EMEA and the role is based in London. It is a demanding line role to support the cash equity desks. This job is responsible for providing advanced end-to-end operational support for securities, loans, exchange traded derivatives and over the counter derivatives across multiple lines of business, and cross-business functional support through the lifecycle of a trade. Key responsibilities include ensuring trading and operational activities are completed accurately and before deadlines, researching and resolving complex issues, and simplifying client interactions. Job expectations include being customer oriented and data driven, while focusing on continuous improvement.

Responsibilities:

• Provides operational support for one or more activities within the lifecycle of a trade, including trade processing, trade settlement, accounting and reconciliation, lifecycle events, and collateral management. Supporting all cash equity traders/sales traders for UK, Europe and emerging markets across Cash equity/ portfolio/ DMA/ DSA desks.
• Provides simplified client interactions and deepens client relationships across Global Banking and Markets' clients
• Completes accurate, timely clearing and settlement of trades with internal and external counterparties including reconciliation management and governance of trade fails and breaks
• Performs tasks accurately during high volume periods in a team environment
• Improves and simplifies the client experience, reducing manual touchpoints
• Supports the implementation of new processes to improve the overall business operating model

• Identifies and flags potential risks in a timely manner. Ability to demonstrate risk awareness and escalation, both in daily operational processes and small/strategic projects. Emphasis on improving controls.

• Technical support for main cash trading system (fidessa). This includes intra-day and post trade support.

Skills:

• Knowledge of regulation and testing of new projects within the cash equity space.
• Attention to Detail: Demonstrates strong attention to detail, ensuring accuracy and consistency in all tasks and deliverables.
• Written Communications: Communicates clearly and professionally in writing, tailoring messages appropriately to different audiences.
• Data Collection and Entry: Accurately collects, inputs, and validates data to maintain high standards of data integrity.
• Oral Communications: Communicates effectively and confidently in verbal interactions with stakeholders at all levels. Interacting with stakeholders across the organization including compliance / other middle office teams and corporate actions. - Cash equity product knowledge gained from a similar role at a buy/sell side firm. Equity derivatives knowledge a bonus.
• Record Keeping: Maintains accurate and well‑organised records in line with internal and regulatory requirements.
• Recording and Organising Information: Systematically records and organises information to enable easy retrieval and reporting.
• Strategic Thinking: Applies strategic thinking to identify issues, assess options, and support informed decision‑making.
• Active Listening: Demonstrates active listening skills, ensuring understanding of stakeholder needs and concerns.
• Decision Making: Makes sound, timely decisions based on available information, judgement, and risk awareness.
• Negotiation: Uses effective negotiation skills to reach balanced outcomes while maintaining strong professional relationships

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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