Sales Assistant, Fixed Income Sales, Hong Kong

  • Competitive
  • Hong Kong
  • Permanent, Full time
  • Bank Of America / Merrill Lynch
  • 16 Aug 17

Sales Assistant, Fixed Income Sales, Hong Kong

Job Description:
Overview
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Requirements

We are looking for a candidate with a good attitude, good work ethic, and a high accuracy rate. We are looking for someone one that has the ability to work independently, can prioritize and multi task daily responsibilities, and at the same time deal with ad-hoc issues. This Candidate would be able to cope with high intensity work load, work under stress and pressure, and be able to focus in a fast paced dealing room.

Responsibilities

Assist with Onboarding

  • Submit LEO for BANA KYC for GCI # and submit CPW for MLIB KYC for Coper #.
  • Request for Sierra/Altair mnemonic and Harmony set up for Altair in COB. Sierra Harmony set up follow up with EClient FX team.
  • Liaise with US Doc/operations on give account request DN
  • Check docs ISDA, submit ISDA request, follow up
  • Check HKPI, HKTR, DF, UMR, EMIR & MIFID checks.
  • PC tracking, mapping, manual upload and investigate missing PC in Compass - Due to multiple trade books and traders, several steps required in addition to sales responsibilities to ensure proper EV booking to accounts and sales people

Trade bookings and trade related admin issues
  • Help book trades for Sales in Sierra/Altair when necessary, Dodd Frank regulations and reporting requires quick actionable deal booking
  • Help allocate/split trades and correct or amend trades for Sales (Bulk transactions, allocations into multiple funds)
  • Add credit code/credit margin booking in Altair
  • Investigate trade discrepancies with back office and client's fo/mo/bo
  • Run daily reports - Option expiry, NDF expiry, Thb expiry, onshore funding reports (need maintain and update macro files)
  • Able to price/quote/execute FX/FX FWD/ FX SWAP/ NDF/ Options for internal accounts some smaller external clients. Able to communicate with clients in a professional manner.
  • Pro-active with IT on new systems to provide feedback and ways to improve our daily roles.
  • Assist on manual tracking of equity prime brokerage FX transactional flows with custodian bank to ensure proof of FX is valid adhering to onshore FX regulations, and process transactional flows
  • As current technology does not support some of the corporate GTS payments work flow, manual entries of up to 50 tickets a day on average need to be booked
  • Assist sales management on revenue and budget reports and solve errors with Compass
  • Take on ad hoc projects to improve daily routine and team efficiency

Posting Date: 07/07/2017
Location: HK--Hong Kong

Full / Part-time: Full time
Hours Per Week: 40