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Equities Trade Control Professional

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Paris, France Bank of America Temps plein

**Job Title: Equities Trade Control Professional**

**Corporate Title: Assistant Vice President**

**Location: Paris**

**Role Description**:
Life Cycle Management
- Coupon, Early Calls and Expiry calculations for Equity Derivatives
- Corporate Action processing and review on Vanilla and Exotic Equity Trades and re-weighting of custom baskets
- Listed option exercise/assignment bookings
- Swap Resets for both Interest Rate and Equity Swaps
- Fixing Exception Reports

Reconciliations and Reporting
- Intercompany reconciliations
- Reviewing front to back and exchange reconciliation breaks
- Swapswire reconciliation and exception review
- Fails investigation/follow up on stocks, listed products and cash breaks.
- Expiry and Risk reports production for Front Office

They will also be a critical business partner for sales, trading, business supervision, business management, documentation team, dividend team, operations and finance teams with an expected input into bank initiative’s and project work.

The Equity Derivatives Trade Control group provides lifecycle management and reconciliation support for the Exotics Derivatives Trading Desk’s.

Product scope - Exotic Equity and Hybrid Derivatives. Vanilla options, Interest and Equity Swaps, Futures and Securities.
- Provide support to the Exotic and Flow Derivative Trading desks and equivalent sales teams
- Lifecycle Management: - Monitoring and booking of Derivatives payment events, barrier monitoring, corporate actions, fixings and swap resets. Provide calculation sheets for complex payoffs
- Trade Maintenance, reviewing queries and performing amendments on OTC Exotic Derivatives and vanilla products
- Review market data and ensure that it is accurate.
- Represent the group and face off to partner groups

**The Team**:
The role provides trade support across Exotic Equity Derivatives desk’s and assists with all the operational queries and bookings that are required in order to ensure client service excellence and satisfaction. The team provides a centralised contact point for the desk, sales, clients, settlements and documentation areas to go to for resolution of operational issues that may arise.

**Core Skills**:

- Equities Experience preferred
- Strong Excel Skills.
- Degree or equivalent
- Good attention to detail
- Strong 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

**Bank of America**:
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

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 mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

**Job Band**:
H5

**Shift**:
**Hours Per Week**:
35

**Weekly Schedule**:
**Referral Bonus Amount**:
0