Team Lead - F&O Deliveries Senior Specialist

Recruiter
Bank of America
Location
Chester
Salary
Competitive
Posted
30 Nov 2018
Closes
27 Dec 2018
Contract Type
Permanent
Hours
Full Time

Corporate Title: Assistant Vice President

Location: Chester

Line of Business: EMEA Futures & Options and OTC Clearing Operations


Are you a hardworking, motivated individual? Can you act with integrity to contribute to the continued success of our diverse team? We are currently seeking a highly motivated, industry-established professional within the EMEA Deliveries Team, who is looking to further expand and build a career in this growing area. You will act as the day to day supervisory support within the team; helping to lead and perform general oversight and mentorship duties for junior team members.

Our team has a Market Operation which comprises of, Clearing, Deliveries, Regulatory / Exchange and Process Control, Strategy, and Middle Office oversight Teams. This structure is replicated regionally in Chicago and Singapore processing trading activity over 60+ Exchanges.


What will your key responsibilities include?


*Acting as the day-to-day team leader - Providing supervisory support to junior team members
*Management of the Expiry processes including physical Delivery (inclusive of Corporate Actions and position management)
*Coordination of all Settlement activity post Expiry working with cross asset business partners
*Management of Static Data to ensure timely and accurate processing at Expiry
*Responding to exceptions and enquiries raised by Client Service teams and Front Office
*Contribute to daily, weekly and month metrics and KRIs/KPIs
*Liaise with internal F&O teams in the resolution of exceptions and management of lifecycle events
*Support of ongoing Exchange mandated upgrades, and testing in relation to changes to our trade processing infrastructure due to regulatory change
*Provide analysis and resolution of issues raised by the Transaction Reporting teams


What skills and competencies will you ideally possess?


Skills:
*Previous team lead or supervisory experience
*Demonstrate deep knowledge of exchange traded derivative (ETD) products and processes
*Working knowledge of GMI, Clearvision, European Exchange User Interfaces
*Excellent communicator at all levels / able to digest and clearly articulate complex process / product change / implementation issues
*Knowledge of Client Assets rules and an appreciation of current regulatory change agenda (EMIR/MiFID/Brexit)
*Excellent numerate and analytical skills via Microsoft applications


Competencies:
*Excellent time management
*Excellent communication skills; able to build and maintain relationships with peers and senior management
*Skill in identifying and implementing solutions for process improvement
*Self-starter with the ability to prioritise tasks within a high pressured, team environment


About Bank of America Merrill Lynch


Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.


The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.


Apply


If you're interested in this opportunity please send your details to us by applying online.


Good conduct and sound judgment is 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 mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.


We are an equal opportunities 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 dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.


As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.