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Bank of America · Pennington

# Transaction Management Operations Analyst - Wealth Management Operations

Pennington Full-time $25.00 - $36.92 hour Executive & Management 

Listed on Bank of America’s official careers site. Posted September 29, 2026. Check that it is still open and apply there.
[Apply on Bank of America’s careers site →](https://ghr.wd1.myworkdayjobs.com/lateral-us/job/Pennington/Transaction-Management-Operations-Analyst---Wealth-Management-Operations_26034547)

[OpenNash Jobs](https://jobs.opennash.com/) / [Bank of America](https://jobs.opennash.com/companies/bank-of-america/) / Transaction Management Operations Analyst - Wealth Management Operations

## Job description

### 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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success.

This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences.

These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact.

Join us!

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.

### Line of Business Job Description

The Institutional Retirement Payroll, Benefits, and Disbursements Team within Wealth Management Operations is responsible for payroll and benefits processing, money movement, participant-level maintenance and tax reporting support for 401(k) Defined Contribution, Non-Qualified Deferred Compensation (NQDC), Institutional Trust and Custody, Defined Benefit and Health Benefits Solutions (HBS) products. The 401(k)

### Benefits

Processing team is responsible for administering 401(k) plans for a large number of employers, including many Fortune 500 companies. Products supported include 401(k) defined contribution. The Beneficiary Review Services team is responsible for overseeing Beneficiary Review Services product offered to select 401(k) plans. This includes the communication to beneficiaries, document review, and qualification of rightful beneficiary(s).

This role will report directly to a beneficiary service manager and work closely with Call Center Representatives, Customer Service Managers and Plan Sponsor to support 401(k) beneficiary service functions. The Transaction Management Analyst should expect to learn the 401(k) product as well as the skills needed to build a strong foundation for a career in financial services. The candidate must demonstrate a cooperative and professional work attitude, while displaying the ability to work effectively in a team environment.

### Responsibilities
- 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 Required Qualifications: Highly organized Self-starter attitude and demonstrates initiative
- Ability to multi-task and handle multiple projects in a short time period Exceptional attention to detail and the ability to hold others accountable without direct supervision Flexibility with ability to handle a variety of tasks and projects independently
- Strong written and verbal communication skills; able to influence/challenge and negotiate to keep all parties engaged in the process
- Proven ability to provide comprehensive solutions to complex needs and/or problems
- Ability to prioritize and meet established deadlines Proficient Microsoft Excel and Word skills
- Excellent verbal and written communication skills
- Ability to adapt to a changing environment ​ Desired Qualifications: ​Bachelor's degree or 3+ years of experience in Financial Services is preferred Advanced Microsoft Excel and Word skills
- Familiarity with 401(k) product and MLII/iGate applications​​ Skills: Attention to Detail Customer and Client Focus Oral Communications Prioritization Problem Solving Account Management Analytical Thinking Coaching Written Communications Mentoring Research Result Orientation Internal employees who are currently working from home are still eligible to apply.

However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

### Shift

1st shift (United States of America)

### Hours Per Week

40 Pay Transparency details US - NJ - Pennington - 1400 American Blvd - Hopewell Bldg 4 (NJ2140) Pay and benefits information Pay range $25.00 - $36.92 hourly pay, offers to be determined based on experience, education and skill set. Predictable pay This role is compensated with a base salary and is not incentive eligible.

### Benefits

This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

## At a glance
- Posted by the employer: Sep 29, 2026
- First seen by OpenNash: Oct 11, 2026
- Last checked: Oct 18, 2026
- Listed for: 19 days
- Location: Pennington
- Employment type: Full-time
- Pay: $25.00 - $36.92 hour[Apply on Bank of America’s careers site →](https://ghr.wd1.myworkdayjobs.com/lateral-us/job/Pennington/Transaction-Management-Operations-Analyst---Wealth-Management-Operations_26034547)

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