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.
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Job Description:
This job is responsible for overseeing the Operations team and ensuring they meet deadlines, execute, and coordinate tasks. Key responsibilities include identifying, analyzing, and resolving complex problems, ensuring adherence to operations procedures, providing guidance to employees, handling exception requests, and referring more complex problems to a senior manager. Job expectations include having an understanding of foundational operations and familiarity in a specific product line.
Responsibilities:
- Resolves day-to-day problems and executes deliverables within the business unit
- Applies knowledge of the end-to-end processes and ensures adherence to bank and regulatory policy and procedures when making decisions that impact various operations and product lines
- Manages team workload and provides oversight and direction to team
- Evaluates efficiencies and identifies areas of improvement and growth to the overall process and implements process improvement opportunities
- Maintains internal, operational, and financial controls and works within risk appetite of the business unit
Managerial Responsibilities:
This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.
- Opportunity & Inclusion Champion: Creates an inclusive team where members are treated fairly and respectfully.
- Manager of Process & Data: Demonstrates and expects process knowledge, data driven decisions, simplicity and continuous improvement.
- Enterprise Advocate & Communicator: Delivers clear and concise messages that motivate, convey the "why" and connects contributions to business results.
- Risk Manager: Leads and encourages the identification, escalation and resolution of potential risks.
- People Manager & Coach: Knows and develops team members through coaching and feedback.
- Financial Steward: Manages expenses and demonstrates an owner's mindset.
- Enterprise Talent Leader: Recruits, on-boards and develops talent, and supports talent mobility for career growth.
- Driver of Business Outcomes: Delivers results through effective team management, structure, and routines.
Line Of Business Job Description:
The Alternative Trading and Operations team is a part of Wealth Management Operations. The Alternative Investments Trading and Operations Team is responsible for transactional exception processing for Alternative Investments (Hedge Funds, Managed Futures, Private Equity, Exchange Funds and Precious Metals), review, approval, execution of subscription, redemption, dividend, Registration and Transfer orders.
The GWIM Associate Team Ops Manager is responsible for monitoring and assisting in the team's accuracy on trade reporting and execution. Ensure adherence to fund schedules. Perform quality checks/verification, is the point of contact for escalations and trade corrections, Audit Requests. The associate Team Ops Manager works to provide the team guidance and help the team run smooth while managing new projects and initiatives and conducts regular one on ones with their direct reports.
Required Skills:
- 1+ years' of leadership, preferably with in Wealth Management Operations (WMO) or relevant work experience.
- Exhibits excellent judgment and decision-making skills
- Collaborative mindset with an ability to partner with others to address exceptions
- Intellectually curious with a desire to identify and implement innovation
- Ability to work under pressure and balance multiple assignments
- Proficient PC skills and applied experience with MS Word and Excel
- Exhibit strong written and verbal communication skills
- Perform in a proactive and strategic manner
- Must be able to give clear examples of past successes in teamwork, use of analytical skills, time and organizational self-management, and flexibility to a changing environment
Desired Skills:
- Advanced Excel Skills
- Alternative Investment Trading experience
- Reporting experience
Skills:
- Leadership Development
- Performance Management
- Process Management
- Process Performance Management
- Talent Development
- Account Management
- Client Management
- Customer Service Management
- Relationship Building
- Business Operations Management
- Policies, Procedures, and Guidelines
- Risk Management
Shift:
1st shift (United States of America)
Hours Per Week:
40