LOB: CFO - Global Financial Control
Corporate Title: Vice President / Director
Bank of America provides comprehensive market, industry, product and advisory expertise to more than 140,000 businesses around the globe. With unrivalled insight and access delivered by dedicated relationship teams, we connect clients with the right opportunities in more than 150 countries throughout Europe, the Middle East and Africa, Asia Pacific and the Americas.
The EMEA Chief Financial Office acts both as a control function and a valued business advisor by providing expertise in the following areas:
Business Unit Finance
Legal Entity Control
Financial Planning and Analysis
Capital Planning / Regulatory Reporting
We are committed to the development of our people through:
Career progression and internal mobility
Internal targeted training as well as assisted study for professional qualifications
Work life balance
Special interests such as volunteering and the environmental working group
With your ambition, we will constantly build your skills to enable you to reach your full potential. Bank of America Merrill Lynch offers a number of excellent career opportunities designed to attract and retain all skill levels – a chance for both personal and professional development as well as a salary and benefit package designed to reflect the individual’s contribution.
Working within the Finance team, the Senior Financial Controller will be responsible for meeting the internal and external regulatory reporting requirements for our firm. You will provide oversight, review and challenge of regulatory returns along with implementation of the strategic regulatory reporting infrastructure. You will also ensure that existing key processes and controls are adhered to and upgraded as appropriate in line with changing business demands and regulatory requirements.
The Finance department operates very much on an integrated basis with the business and a key part of the broader CFO team. This position provides you with exposure to all elements of the Bank’s business in terms of its products, risks and regulations. Responsibilities include:
Heading the Regulatory Reporting for BofASE in Paris covering all regulatory submissions to ACPR and Banque de France, including regular reporting of CoRep and Statistical returns, as well as FinRep as the licence changes in the future
Providing support on addressing ad hoc regulator requests as well as a number of initiatives in the development of the regulations (e.g. report suite following the licence change) and entity
Supporting for the broader CFO group activities in Paris and, in particular the BofASE CFO (including deputising)
Join a small local team in Paris and leveraging resources across the European Regulatory Reporting team located in London, Dublin and India
Interactions with teammates across the whole of EMEA CFO group and frequent interactions with CFOs of other EMEA entities, as well as Front Office, Risk partners and Technology
Role is a key part of Paris and EMEA CFO team, especially given growing importance of entity
Qualified accountant, familiar with French GAAP
Extensive experience of European regulatory reporting and prudential regulation essential
Comfortable interacting with regulators and Board level leaders
Strong governance and control discipline, able to continuously assess and improve operating environment
Knowledge of Technology implementation, supporting specification, development and implementation both for strategic systems and interim emerging technology tools
Ability to drive action and motivate team with achieving operational excellence in step with daily tasks
Team management experience, particularly in influencing and developing a high performing team through direct and indirect line responsibility
Holds a fact based rigour to their thought and decision processes, as well as taking account of relevant context
Takes responsibility and feels accountable for their and team actions
Bank of America
Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.
Good conduct and sound judgement 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 mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.
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