Client Servicing Specialist - Global Market Operations

Bank of America

Bank of America

Posted on Wednesday, July 10, 2024

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 conducting day-to-day activities to support business and clients globally by developing a deep understanding of the organization and services offered to resolve complex client inquiries. Key responsibilities include onboarding, servicing and offboarding clients, opening, maintaining, and reconciling account information. Job expectations include ensuring all activities are performed with a high degree of accuracy and comply with all regulations and policies while driving solutions that best meet our clients’ needs.

LOB Job Description:

As a Client Relationship Manager/Client Service Representative (CSR) you will be the main point of contact for Bank of America Merrill Lynch customers dealing in Futures & Options and OTC clearing. The primary functions of this role are to provide client support with trade/position management, relationship management, and field market/product inquiries across the derivatives space. This role will be supporting top tier institutional clients, which will require outstanding customer service to enhance the overall relationship.


  • Improves and simplifies the client experience, reducing manual touchpoints

  • Ensures transactions are completed in an accurate and timely manner, managing escalations as needed

  • Supports the preparation of frequent reports and other measures of data

  • Drives operational initiatives both internally across the organization and with clients to drive efficiencies, increase revenues and reduce risk

  • Identifies and flags potential risks in a timely manner

  • Subject matter expert for client queries regarding trades, positions, lifecycle events, commission, reporting, product offering

  • Navigate the organization (central point of contact for client) by doing research and/or internal outreach to get responses to client queries and escalations

  • Escalation point for clients as well as internal teams that are looking to drive resolution on critical initiatives

  • Coordinate outreach and understand clients’ intentions around last trade date, esp. on physically settled contracts, and options expiries

  • Coordinate client requests for additional access to the Mercury portal

  • Establish frequent dialogue with the Marketing team keeping them abreast of client concerns or product asks and tracking this via internal databases

  • Establish regular meetings with priority clients to drive discussions around metric trends, outstanding issues (OILs), and strategic industry focus areas.

  • Meetings should encompass a holistic view of the operational side of the relationship (Product, Collateral, Brokerage, Clearing, etc.)

  • Meetings should have set agendas, accompanied by presentations where applicable, and should be followed up with call reports

  • Work with Client Service Relationship Managers to establish prioritization on priority client OILs, keep OILs updated in sharepoint, and ensure regular focus on moving solutions forward

  • Work with clients to move them toward self-service opportunities on the portal, reduce client accommodations, and use etask/tableau metrics to look at opportunities for reducing manual processes

  • Maintain client profiles, procedures and up to date contact information

Required Qualifications:

  • The role will demand that the candidate is a strong communicator and leader, as the function demands frequent interaction with business partners as well as clients\

  • The candidate must be able to work in a fast paced environment and be an effective multi-tasker

  • The candidate should be able to act without immediate supervision and have the ability to take ownership of tasks/processes

  • The candidate should be able to evaluate the risk elements of such a client facing role and ensure tasks are carried out in a controlled fashion

  • Candidate should be proficient in Microsoft Excel, Word and PowerPoint

  • The candidate must be well versed in client execution and clearing, for both futures and derivatives products on global markets

  • Knowledge of industry rules and regulations, as well as common street wide business practices is required

  • Candidate should have experience with GMI as well as other systems associated with cleared Futures and Derivatives

  • Experience working in a global environment with outsourced partners would also be considered as a benefit

  • Candidate should have in-depth knowledge of the margin process for futures and options


  • Active Listening

  • Attention to Detail

  • Customer and Client Focus

  • Oral Communications

  • Client Management

  • Prioritization

  • Adaptability

  • Critical Thinking

  • Innovative Thinking

  • Relationship Building


1st shift (United States of America)

Hours Per Week: