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Director/VP - Global Markets E-Trading Business Controls

Employer
Bank of America
Location
Lambeth, UK
Salary
Competitive
Closing date
Oct 21, 2019

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Job Role
Finance Director/Head of Finance
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description:This individual will be responsible for developing and executing the Business Controls framework for Electronic Trading ("E-Trading") across the Global Markets FICC and Equities lines of business. This includes creating, enhancing and overseeing the e- trading controls and processes that form the basis of the business operating environment. The role will ensure that the e-trading business is in compliance with applicable with local laws, rules and regulations and is also implementing industry best practices. The individual will partner closely with the E-Trading Desks, E-Trading Risk Management, COO and other support functions (e.g., Compliance, Operational Risk, Technology, etc.) in this effort.The candidate will need to have an understanding of e-trading for FICC and Equities products and experience in executing strategic concepts from inception to implementation. The ideal candidate should have strong communication, analytical, technical, data and project management skills with previous exposure to Front Office, Middle Office/Trade Control and/or Compliance. Additionally, the candidate should have the capability to navigate the overall enterprise and leverage the formal and informal organizational structure to access information, influence decision-making, and achieve results effectively.Position Description: Ensure consistent e-trading controls across Global Markets Lines of BusinessRepresent Business Controls at e-trading governance meetings, including providing first line challengeDeveloping framework and processes to review and monitor e-trading client-based supervisory surveillance alerts; Formalize and integrate existing self-run daily supervisory e-trading reporting used for monitoring the business into the frameworkWork with the E-Trading Desk heads to prioritize and remediate control or supervisory related issues and requests from E-Trading Risk Management, Audit, Model Risk Management, and ComplianceMaintaining e-trading awareness of key regulatory focus areas, including creation of Written Supervisory Procedures (WSPs) and updating through changing environmentsProactively prepare for and participate in audit and regulatory examinations, including creating and presenting documentation of controls and supervisory processes to audit and regulatorsProfile/Skills:Minimum 5 years of experience in an Electronic Trading-related role, with significant experience in Front Office ControlsStrong technical and analytical skillsAbility to make recommendations and provide guidance to effectively advance projects across a globally integrated enterpriseExcellent verbal and written communication skills with knowledge of and proficiency in the use of systems, technology and case management terminology, and the ability to translate technical terms into plain EnglishPartnering - Ability to build broad-based business relationshipsSelf-motivated, operates with a sense of urgency and strong attention to detailAbility to multi-task and prioritize work in a deadline-intensive environmentStrong MS Word, Excel and PowerPoint skillsRelated regulatory experience or general knowledge of securities laws, rules, or regulationsSelf-starter with the ability to identify an issue, initiate a solution, and see it through to completionEffective presentation skills including the ability to explain results of complex analysis at a level that resonates across many different audiencesComprehensive understanding of FICC and Equity products Series 7 and 24 licenses preferred for US-based role (Candidates without Series 7 and 24 will be asked to obtain these licenses in a reasonable amount of time)Apply:If you are interested in this opportunity please send your details to us by applying online with your CV.Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employmentWe are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.Full time

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