Bank of America Career Opportunities for Graduate Entry Level role | 0 – 4 yrs

The Bank of America Corporation is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded in San Francisco, California.

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If you are interested in growing a long term career in finance, passionate about developing strong relationships with clients, the opportunity to enhance your professional credentials by earning an industry license and want the ability to learn more about markets, trading, and investments, the below given roles  is ideal for you.

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!

Current Entry Level Careers Opportunities 2024

Consumer Investments – Investment Specialist Trainee – Europe

Job Description:

• Identifies clients’ needs and find proper solutions to meet those needs by referring sales opportunities to specialist and sales teams
• Receives training through the licensing/study program, ultimately earning SIE, S7 and S66 certifications
• Focuses daily on service to sales with existing Merrill clients
• Provides exceptional client care, growing client relationships, and guiding clients with needs-based solutions that will support their financial goals

Required:

• Is client-focused with a passion for excellence and a positive team attitude.
• Is self-motivated, goal-oriented, and has the ability to multitask in a fast moving, performance –based environment.
• Has the ability to identify clients’ needs and find proper solutions to meet those needs by referring sales opportunities to specialist and sales teams.
• Is an effective communicator with an aptitude for sales and relationship management
• Has strong computer skills
• Is prepared to pass licensing exams – Security Industry Essentials (SIE) and Series 7 and Series 66.
• Wants to establish a long-term career in the financial services industry at a fast-growing company that rewards hard work and dedication.
• Is ambitious, disciplined, hardworking, resilient and willing to learn.

Desired:

• A bachelor’s degree, or 1-2 years of experience in a performance-based environment.
• The Security Industry Essentials (SIE) or other financial services licenses and interest in pursuing the Series 7, and/or the Series 66 licenses.
• Leadership capabilities.

For more details to apply, Click here!

Operations Control Analyst – Global Operations – USA

Job Description:

Delivers and maintains a commitment to high customer service excellence utilizing relationship-building and problem-resolution skills in a call center environment.

Exceeds monthly efficiency objectives and maintains high call quality standards. Required to navigate and use various internal systems to research, review, update and confirm customer profile details during conversation (inbound or outbound calls) with customer.

Ensures complete and efficient customer interactions by taking ownership to proactively identify opportunities to enhance customer experience.

Interprets and analyzes information gathered from numerous applications and third party sources and identifies issues that prompt further inquiry

Identifies and analyzes problems related to product lines or functions and develops and implements process improvements to address and resolve issues

Ensures quality service and effective and efficient operations support for the assigned area’s internal business partners and external clients

Performs day-to-day activities aligned to the team’s common goals, strategy, and metrics and works on improving capabilities through learning and development

Supports special projects that represent significant risk exposure and identifies and escalates risks accordingly with a sense of urgency

Qualifications:

Minimum of 1 year customer service experience in call center environment, preferably in the Banking/Financial industry

Ability to tactfully handle customer concerns

Ability to work within the operating hours and days for this position as outlined in the posted job requisition as well as overtime as needed

Excellent verbal and interpersonal communication skills

For more details to apply, Click here!

Trade Control Analyst – Central Funding Desk – USA

Job Description:

Exception identification and liaising with particular LOB associate to understand the root cause.
• Review of pre-submission and post-submission control queues (Rejections and Unmatched) to ensure accuracy.
• Monitoring of all exception queues including follow-up of all issues in Unmatched TRACE Queue.
• Documentation of all issues including timeliness with root cause analysis in appropriate platform to be identified.
• Review of pre-submission and post-submission control queues (Rejections and Unmatched)
• Understand various idiosyncrasies and conventions of Structured Notes/Linear Rates products, Treasuries, FX and commodities and their related hedges in order to provide SME(Subject-Matter Expert)-level support.

Required

Solid understanding of basic financial concepts such as time value of money, interest rate, mark-to-market, and time series modeling.
Excellent Excel reporting-related skills
Detail-oriented to operation trade flow, data entry, and data reconciliation
Ability to liaise across multiple functional teams to resolve issues
Ability to operate autonomously without direct supervision
Ability to quickly analyze and make decisions in the event of a problem
Ability to quickly grasp new industry practices and create/document new processes
Strong organizational skills and ability to effectively prioritize multiple tasks

Desired:

•Macro/VBA Knowledge
•Knowledge of financial processing systems and accounting
•Understanding of the “Best Practices” and front-to-back product flow to manage Operational Risk
•Relevant industry product knowledge
•Proactive thought leadership to identify and deliver process improvements and efficiencies
•Knowledge of industry regulatory frameworks such as Volcker Reporting, DTCC Real-Time, TRACE Reporting.

For more details to apply, Click here!

Officer – Operations Team Lead – AML Refresh – Global Banking Operations – India

Job Description:

This role is responsible for Operations team oversight, ensuring the team meets deadlines and executes role aspects along with team co-ordination tasks. These individuals support continious business improvements. They review operations procedures, implement changes and ensure adherence to operations procedures. Also, they provide guidance to staff and may handle exception requests, referring more complex problems to a senior-level manager. The role requires basic operations knowledge with work experience in a specific product line. More than 50% of time is spent doing actual production work.

Job Responsibilities:

• Responsible for day to day resolution of problems and execution of deliverables within the business unit
• Provides functional expertise knowledge to projects or initiatives relating to the business unit
• Manages team workload and provides general oversight and direction to team
• Maintains internal operational and financial controls and works within risk appetite of the business unit
• Reviews processes to ensure they are efficient and implements process improvement opportunities

Skills:
• Business Knowledge
• Time Management
• Data Entry
• Problem Solving
• Organization
• Risk Management
• Overcoming Objections
• Workflow Management
• Strategic Thinking
• Procedure Development
• Planning
• Teamwork
• Oral Communication
• Microsoft Excel

For more details to apply, Click here!

Quantitative Finance Analyst, Model Developer – Global Financial Crimes – USA

Job Description:

As a Quantitative Finance Analyst on the Enterprise Risk Analytics team, your main responsibilities will involve:
Applying quantitative methods to develop capabilities that meet line of business, risk management and regulatory requirements
Maintaining and continuously enhancing capabilities over time to respond to the changing nature of portfolios, economic conditions and emerging risks
Understanding and executing activities that form the end-to-end model development and use life cycle
Clearly documenting and effectively communicating quantitative methods as part of ongoing engagement with key stakeholders, including the lines of business, risk managers, model validation, technology

Qualification:

Graduate degree in quantitative discipline (e.g. Mathematics, Economics, Engineering, Finance, Physics)
2+ years of experience in model development, statistical work, data analytics or quantitative research or PhD
Strong Programming skills e.g. R, Python, SAS, SQL or other languages
Strong analytical and problem-solving skills

Desired Skills:

Knowledge of predictive modeling, statistical sampling, optimization, machine learning and artificial intelligence techniques
Strong technical writing, communication and presentation skills and ability to effectively communicate quantitative topics with non-technical audiences
Experience with large data sets
Effective at prioritization/time and project management
Broad understanding of financial products

For more details to apply, Click here!