Job Description

: Your background

• Candidate must have a minimum 2-3 years of experience in derivatives confirmation, preferably on Equity Derivatives products.
• Knowledge of ISDA Definitions, ISDA Master Confirmations Agreements and OTC Equity Derivatives products such as Options, Swaps and Accumulators/Decumulators.
• A good team player, fast learner and ability to work under pressure in a team environment.
• Good organizational skills and a basic understanding of Backoffice Operations responsibilities and processes.
• Strong interpersonal and communication skills and is proactive in nature
• Degree qualification in Business, Finance, Accounting or Law preferred.
• Proficiency in MS Product Suite

Other qualifications

• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

What you can expect The Global FCO (FX & Commodities Operations) and DCS (OTC Derivative Confirmation & Settlement) team perform end to end confirmation and settlements processes. Within APAC FCO and DCS, our team provides multiple services such as trade control, Foreign Exchange (FX) electronic matching and settlement, Over-the-Counter (OTC) derivative confirmation and settlement, and commodities operations. The APAC Equity and Commodity Derivative Operations team is currently looking for an associate for the Team. The candidate will be responsible for supporting the Equity Derivatives Confirmation functions in APAC region. This is a highly challenging role which provides an opportunity to work in a dynamic and diverse team, and learning the processes for Equity derivative confirmations. This role is based in Singapore and the candidate will be working with the documentation team in Singapore. The candidate will draft and execute ISDA legal confirmations relating to Equity derivative products for Accumulators and Decumulators and also actively participates in team projects and initiatives. This is a highly challenging role which provides an opportunity to work in a dynamic and diverse team. Team and Individual goals are set within a target and volume-based environment requiring leadership and motivational skills to work collectively to achieve them.
What you will do
Daily duties will be comprised of the following but are not limited to:

• Drafting and review of legal confirmations issued in accordance with ISDA Definitions.
• Due diligence in verifying the economic and legal terms of the ISDA legal confirmation against the trade booking and term sheet.
• Liaise with Legal, Credit, and Front Office teams in resolving documentation related queries and creating confirmation templates.
• Constant review and enhancement of work processes.
• Participate in both internal projects and industry-driven projects relating to documentation.
• Build and develop excellent client relationships.

About Bank of America Our purpose as a firm is to make financial lives better, through the power of every connection. Across the world, we partner with leading corporate and institutional investors through our offices in more than 35 countries. In the U.S. alone, we serve almost all of the Fortune 500 companies and approximately 67 million consumer and small-business clients. We provide a full suite of financial products and services, from banking and investments to asset and risk management. We cover a broad range of asset classes, making us a global leader in corporate and investment banking, sales and trading. Connecting Asia Pacific to the world Our Asia Pacific team is spread across 19 cities in 12 markets. We are focused on connecting Asia to the world and the world to Asia, using our global expertise to ensure success is shared between us, our clients and our communities. Our regional footprint covers 12 currencies, more than a dozen languages and five time zones, placing us firmly among the region’s leading financial services companies. Job Band: H6 Shift: Hours Per Week: 40 Weekly Schedule: Referral Bonus Amount: 0