Global Markets Operations and Middle Office Analyst
Bank Of America / Merrill Lynch
January 11, 2018
Job Title: Global Markets Operations and Middle Office Analyst About Bank of America Merrill Lynch:
Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 40 countries. In the U.S alone, we serve almost all Fortune 500 companies and approximately 59 million consumers and small-business customers. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading. Connecting Asia Pacific to the World Our Asia Pacific team is spread across 23 offices in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region's leading financial services companies.
Bank of America Merrill Lynch is committed to attracting, recruiting and retaining top diverse talent from across the globe. Our diversity and inclusion mission is to actively promote an inclusive work environment where all employees have the opportunity to achieve personal success and contribute to the growth of our business. Each of our global Employee Networks bring together employees, create dialogue and awareness in support of our Diversity and Inclusion mission.
Bank of America Merrill Lynch is an equal opportunities employer.
Position Description Global Banking and Markets Operations (GBAM Operations) organization in Asia, provides end-to-end operations solutions and support to GBAM businesses, including oversight of the Global Technology & Operations regions.
The Global Markets Operations and Middle Office Analyst is working closely with the front office sales to ensure that the client's experience is as seamless as possible, whilst not compromising on our internal AML policies, or the country regulations we must adhere to.
The main product in scope is Equity with both on and offshore equities.
Ensure the accuracy of the trades booked by the traders - verification & reconciliation and follow up with trader for changes in case of discrepancy
Ensure Settlements for all the trades flowing into the system and liaise with local partners including the Middle Office, the Traders, the counterparties, etc. in case of any discrepancies, thereby ensuring no ledger-breaks post settlement.
Passing of Settlement Entries
Timely Confirmation/Settlements as per the regulatory cut-offs
Maintain strong internal control and productivity standards
Be conversant with internal and external policy guidelines relating to products handled, promptly identify deviations and exceptions and resolve/escalate in a timely manner.
Participate in various process/productivity improvement initiatives and new products / system implementations
Responsible for the analysis and resolution of operations problems and initiatives requiring exception handling
Evaluate and mitigate operational risk
Able to demonstrable awareness of operational risks
Detail-oriented, with excellent time management skills
Excellent communication skills, as you will need to contact both external & internal customers
Self-motivated and highly ambitious for professional development
Team work spirit - Willingness to participate as a full member of team
Fluent in English and native Japanese to communicate effectively with stakeholders
Desired Skills (if any)
Between 1 to 3 years of experience in financial services industry is preferable
Basic knowledge of the Equity business would be an advantage
Strong PC skills, notably Microsoft excel. Knowledge of macro programming will be considered an advantage
Posting Date: 10/01/2018 Location: Tokyo, , 4, 1, - Japan