Job Description:

Job Title: Fixed Income Operations - Markets Specialist

Corporate Title: Up to VP

Location: Dublin

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: Dublin

Find us at our Central Park office, Leopardstown, where you will find our state-of-the-art facilities based in Dublin’s premium business park. With an onsite gym, staff restaurant and coffee shop, all your daily needs are conveniently catered for. There are also a range of travel options available to staff, including the LUAS network and the Central Park shuttle service between Dublin City Centre and Central Park, which means getting to work has never been so easy.

Job Description:

EMEA Fixed Income Operations provide support for fixed income and securities trading partners for all post-trade operations and are responsible post-trade activities (trades processing, clearing and settlement) within Global Markets Operations and provide cross-functional support to Global Markets Lines of Business including, Repo, Rates, Credit, Mortgages, Frontier Markets (LCT) businesses. The department offers operational support and expertise to Sales and Trading Desks as a team of specialists responsible for the implementation of client trade allocations, exception management, breaks reconciliation, clearing and settlement, and platinum client service. Internal business partners include Front Office (Sales/ Trading/ COO), Technology, Compliance, and Global Markets Transformation & Change. FICC Operations are key contributors to strategic change (Ops Simplification), regulatory change (EMEA UK T1), and technology change.

As a senior member of the department, and part of the leadership team, key responsibilities include identifying and resolving complex problems, acting as an escalation point for technology, operations, and business partners, and identifying opportunities to improve process performance and operational efficiency through continuous improvements. You will provide support to the regional FICC executive, as well as guidance to regional associates, driving the identification and implementation of process control standards, strategic change, and risk remediation opportunities. You will be a key contributor to the risk culture of the regional and global department by supporting the risk framework governance (SPI) and monitoring of process health. You will have the opportunity to lead and execute strategic change and participate in industry and operations- led initiatives. Business support and engagement is a critical part of this role, and you will enjoy regular interaction with front office partners, gaining exposure to markets rules, business strategy, and the diverse range of fixed income products. Knowledge and experience within securities operations and process ownership/ management experience would complement the scope of role.

Responsibilities:

Identification and implementation of process improvements, working independently or partnership with technology for delivery
Input into and support of strategic work, regulatory change and supporting projects that impact the team.
Relationship management for front office
Develops and implements procedures to enhance productivity and efficiency and manage business change
Serves as an escalation point to resolve broad and complex operational issues
Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.

What we are looking for:

Escalation of potential risk, understanding of key controls to monitor risk
Verbal and written communication skill
Attention to detail
Data Collection & Entry
Interpret Relevant Laws, Rules, and Regulations
Recording/Organizing Information
Problem Solving
Quality Assurance
Ability to work under pressure and work with tight deadlines

Skills that will help:

Excellent organisational and prioritisation skills
Decision Making
Strategic Thinking

Benefits of working at Bank of America
Ireland

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 because of a disability or health reasons
20 days of back-up childcare including virtual tutoring and 20 days of adult-care per annum
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, specified illness cover etc
Use of a flex fund to use towards benefits
Access to free counselling through an Employee Assistance Programme and virtual GP services
Opportunity to donate to charities of your choice directly through payroll and the bank will match your contribution
Opportunity to join 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.