The role within the Industry and Market Solutions Team provides a unique opportunity for an individual to move into a role responsible for managing our existing routines with internal/external market partners which we have in place, gather information on new products and services and building cases to deploy within the operating framework. We are part of the Transformation and Process Development Team sitting within FICC and Derivatives Core Operations groups that ultimately rolls up to global Technology and Operations led by Cathy Bessant. We are responsible for sharing industry solutions and updates across our internal network providing a set of centralized resources which educate and drive a cultural shift towards digital solutions both internal and externally originated. We are ultimately helping drive the organization in adopting the best in class options to improve efficiency and workflow in the post trade service space that allows us to better service our clients.
The Market solutions team has been established for over a year focusing on the foundations and governance framework across our work streams, this opportunity will take the team to the next level adding value to the Market Operations teams by both helping understand the industry landscape and providing opportunities to move away from our legacy process onto a more efficient and digital landscape which benefits the organization as a whole.. Our small team of four will be responsible for the strategy which is split into the following streams:
External Industry Partnership - These manage existing relationships with out CCPs, Affirmation Partners and Industry Standard Agency memberships while also developing our emerging relationship with Fintech and Industry Utility providers
Internal Industry Partnership - critical to the success of this role is managing our internal partnerships within FICC Core Operations but also our wider partnerships across the Operations, Business and Investment Strategy Teams
Work drivers and Opportunities - This is the part of the role which really stands out as building the opportunity statements and matching these to our internal work drivers
News, update and resources - This is our conduit to the stakeholders of the wider program updates, available learning resources, industry news headlines and artefacts.
The successful candidate would benefit from having the following skills:
Understanding of Global Markets trade flow process
Be up to speed with current market solutions, ideally in the post trade space
Able to establish connections across our organizations to bring our objectives to a wider audience
Strong influencing skills to help teams understand the benefits
Strong business planning, articulation and benefits cases building
Senior leadership interaction
Excellent communication Skills
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.
1st shift (United States of America)
Hours Per Week:
Internal Number: 20048838
About Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.