Transaction Management Ops Analyst

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for moderately complex transaction and fulfillment processing, including the movement of assets into and out of accounts. Key responsibilities include reconciliation, settlement, and trade and transfer support, and providing quality service and operations support for internal business partners and external clients, in accordance with established guidelines and procedures. Job expectations include handling in operational processes which may carry medium to high levels of monetary risk and assisting in training less experienced team members.

Responsibilities:

• Performs moderately complex transaction processing and reconciliation with medium to large monetary impact according to the established written guidelines and procedures
• Responds to moderately complex client inquiries via numerous channels to support operational efficiency and quality client service
• Responsible for the analysis and resolution of moderately complex transactions requiring escalations and exceptions
• Proactively identifies risk and opportunities for process improvements based on an understanding of how the work impacts other operational units
• Maintains current tax lots and for unrealized and realized gains/losses
• Resolution of escalations and all issues related to Cost Basis and Tax Reporting
• Overtime may be offered to support business needs, especially during Tax Season (Jan - Apr)
• Be able to adhere to the industry and IRS rules and regulations
• Research and resolve transactional breaks that result in inaccurate cost basis that requires manual update.
• Provides quality service and effective and efficient operations support for the assigned area's internal business partners and Branch Offices
• Cost Basis Team handles branch inquiries and update requests received from clients to Front Line Units submitted via Service Request Portal and email in regard to updates and research of cost basis reflecting in our Global Tax Lots system

Skills:

• Attention to Detail
• Customer and Client Focus
• Oral Communications
• Prioritization
• Problem Solving
• Account Management
• Analytical Thinking
• Coaching
• Written Communications
• Mentoring
• Research
• Result Orientation

Required Qualifications:

• Experience working with financial statements and records with an emphasis on attention to detail.
• Ability to update tax lot records accurately and efficiently is required.
• Proficient with Microsoft Office, Outlook, Word and Excel.
• Strong understanding of rules and regulations, policies and standards.
• Overtime may be offered to support business needs, especially during Tax Season (Jan - Apr).
• Excellent interpersonal skills.
• Proven ability to effectively service/resolve client inquiries.
• Strong oral and written communication skills.
• Ability to work effectively and efficiently as an individual contributor in a team environment.
• Positive and professional attitude in a team oriented fast paced work environment.
• Strong analytical and problem-solving skills.
• Be able to adhere to the industry and IRS rules and regulations.

Shift:
1st shift (United States of America)

Hours Per Week:
40

Pay Transparency details

US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140)

Pay and benefits information

Pay range

$24.44 - $37.12 hourly pay, offers to be determined based on experience, education and skill set.

Predictable pay

This role is compensated with a base salary and is not incentive eligible.

Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Client-provided location(s): Pennington, NJ

Job ID: BankOfAmerica-JR-25033190

Employment Type: FULL_TIME

Posted: 2025-08-14T18:59:02