What are the responsibilities and job description for the Global Commodities Trade Control Manager position at Bank of America?
Job Description:
Job Description
The Fixed Income, Currency and Commodities (FICC) & Derivative Core Operations (FDCO) team perform end to end trade control, confirmation and settlements processes across FICC businesses and provides utility OTC derivative confirmation and settlement services for non FICC businesses.
This role will lead the Commodities Trade Control Team and be responsible for all associated processes across the Commodities Trade Control Teams globally. The role will have direct management responsibility for associates in AMRS and will have matrix management responsibility for associates in EMEA and APR. The role will work with senior Commodities business leaders and Operations Leadership as well as many other functional groups such as Technology and Market Risk. You will be expected to improve efficiency in processes and identify areas where there may gaps in processes. In addition, as new products are onboarded, you will have the ability to influence the front to back processes for the new products.
Responsibilities
Manage Commodities Trade Control team in AMRS and matrix manage Commodities Trade Control teams in EMEA and APR.
Manage all Commodities Trade Control Processes globally.
Review processes for efficiency improvements.
Communicate with senior product desk heads across Commodities.
Understand front to back processes and review and recommend efficiency and control improvements.
Required Skills
Middle Office Operations or Finance experience. Preferred 5 years experience in Middle Office Operations or Finance Role.
Recent Management and Leadership Experience
Experience with Senior Leader Communications
Fixed Income, Currency and Commodities & Derivative Core Operations
Ability to communicate well across many stakeholders.
Comprehensive understanding of front to back Commodities processes.
Commodities Industry background in Energy, Metals and other products preferred. Strong understanding of front to back controls.
Other Qualification
∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
∙ Excels in working among diverse viewpoints to determine the best path forward
∙ Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
∙ Commitment to challenging the status quo and promoting positive change.
∙ Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
∙ Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world
Shift:
1st shift (United States of America)Hours Per Week:
40
