• Job Description

  Req#: 24018675

  Job Description:

  At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.

  One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

  Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

  Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

  Job Description:
  This job is responsible for moderately complex activities supporting the assignment, sourcing, gathering, furnishing and movement of financial and client information and data. Key responsibilities include fund setup, client identification data, pricing, and cost basis reporting. A Job expectations include providing quality service and effective operations support for internal business partners and external clients.

  
  Responsibilities:

  Performs moderately complex activities supporting the assignment, sourcing, gathering, furnishing and movement of financial and client information and data according to the established guidelines and procedures
  Responds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client service
  Reviews and approves required account documentation
  Identifies risk and opportunities for process improvement based on an understanding of how the work impacts other operational units
  Maintains knowledge of operational processes and assists in training less experienced team members

  The employee in this role is responsible for the initial setup and maintenance of Mutual Funds, Alternative Investments, Unit Investment Trusts, and various other product types for Merrill Lynch Wealth Management and US Trust. There are over 1,400 system indicators supporting more than 31,000 cusips. This role includes the participation in evaluations and subsequent scoring of the fund company's performance in accordance with operating standards at Merrill Lynch. Also, the role provides an opportunity to liaise with fund companies and transfer agents to acquire knowledge related to document requirements, fees and billing as well as trading, regarding adherence to the fund company's attributes. Through this position, the employee will gain the knowledge of financial risks and proprietary program skills with an understanding of the direct impact on Merrill Lynch Wealth Management and US Trust.

  
  Duties of this role include but are not limited to:
  Review of documents received from fund companies which provide instructions for the setup of Mutual Funds, Alternative Investments, Unit Investment Trusts, and various other products. Analysis of received data to ensure system supportability. Data entry to add products to the proprietary platform. Quality review of data entered. Testing of system enhancements based upon business initiatives. Frequent communication with internal and external business partners. Assist with project work as needed .

  Required Skills:

  Proven history of effective ownership and accuracy with an emphasis on attention to detail. Intellectually curious with a desire to identify and implement innovative solutions. Ability to prioritize and handle multiple job-related duties including day to day tasks and project work in a deadline oriented environment. Ability to think critically while effectively managing and finding resolutions to complex situations independently. Acts proactively to identify, control, and mitigate risks. Excellent follow-up and organizational skills. Provide outstanding personalized service and exhibit professionalism in all situations. Proficient in Microsoft Office Suite with a strong background in Excel

  Shift:

  1st shift (United States of America)

  Hours Per Week:

  40

• About the company

  Bank of America is one of the world's largest financial institutions, serving individuals, 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.

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