Job Information

Bank of America Transaction Management Ops Analyst - Uncovered Private Bank Derivative Products Analyst in Dallas, Texas

Transaction Management Ops Analyst - Uncovered Private Bank Derivative Products Analyst

Dallas, Texas

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 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.


  • 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


  • Attention to Detail

  • Customer and Client Focus

  • Oral Communications

  • Prioritization

  • Problem Solving

  • Account Management

  • Analytical Thinking

  • Coaching

  • Written Communications

  • Mentoring

  • Research

  • Result Orientation

​The Private Bank Security Set Up and Maintenance team supports various tasks related to servicing assets for Private Bank accounts. The processes include but are not limited to, asset set up, maintenance, physical vault activities, and fair valuation functions for Private Bank Securities on the Private Bank Trust accounting system Profitability and Customer Enhancement (PACE). The candidate must be able to transition between functions including adding positions on PACE, processing cost basis adjustments, submitting price updates and other functions as required. All activities must be performed in a timely manner focusing on accuracy.

Required Skills:

  • Ability to pick up new concepts and routines quickly.

  • Excellent written and verbal communication skills.

  • Flexibility to work in an evolving environment

  • Organizational and time management skills to meet intraday deadlines

  • Demonstrate logical, systematic approach to problem solving

  • Communicate in concise, clear, and professional manner

  • Working knowledge of Security Market Data information and or Securities Operations functions are required.

  • Exposure to Bloomberg, FT Interactive, DTC and Bank of New York Mellon are preferred.

Desired Skills:

  • Previous experience in financial services, especially within operations

  • A good working knowledge of all Asset Types

  • Securities Industry experience is preferred.


1st shift (United States of America)

Hours Per Week:


Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE ( .

To view the "EEO is the Law" Supplement, CLICK HERE ( .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free workplace and alcohol policy, CLICK HERE .