girl looking into her desktop
Back to search results

EAC Compliance and Operational Risk Specialist

London, , United Kingdom

Job Description:

Job Title: EAC Compliance and Operational Risk Specialist

LOB: Global Risk / Compliance & Operational Risk

Corporate Title: Vice President

Location: London

A brand new opportunity has become available for an EAC Compliance and Operational Risk Specialist to join the Registrations & Licensing (R&L) team in the London office. The successful candidate will be joining a team of 8, with 7 employees based in London and 1 employee based in Ireland and will act as the R&L Lead.

The team regularly has exposure to the FLU’s and other key stakeholders such as; business controls, COO’s, HR, legal, technology etc. This role will work very closely with the global markets business (FICC & Equities).

Training and development opportunities exist within this time, with employees actively encouraged to pursue work shadowing and external education based opportunities i.e studying for the CISI capital markets programme & the CFA exams. There are also opportunities to get involved with diversity and inclusion initiatives as well as volunteering opportunities.

Responsibilities:

  • Being the R&L lead on matters pertaining to exchange registrations and the maintenance of employee data from a MiFiD II order record keeping perspective. Acting as the proxy for R&L team lead in their absence

  • Maintaining exchange access for joiners, transfers and leavers with both trading venues & CCP’s for sales and trading as well as operational staff. Maintaining short codes and personal identifiable information with exchange venues, MTF’s, OTF’s & voice brokers

  • Acting as the SME on exchange connectivity from a registrations perspective acting in an advisory capacity for the business and other key stakeholders

  • Assisting in the performance of routine exchange examinations and the completion of due diligence questionnaires from exchanges and CCP’s

  • Being the R&L on business transformation projects driven by regulatory change i.e building new workflows, enhancing internal systems, developing and maintaining procedures and processes

  • Conducting compliance monitoring and testing activities as well as performing QA/QC routines internally. Producing metrics and KPI’s to be used in management information

  • Managing the registration / certification process for in scope employees as per the requirements of the UK, French & Irish regulatory regimes

The Team:

The team is EMEA based with 7 employees based in London and 1 employee based in Ireland. The Registrations & Licensing (R&L) team sits within the central compliance function and is responsible for the management of registrations from a regulatory and exchange perspective. The team primarily covers 3 main jurisdictions; UK, France & Ireland.

The team regularly has exposure to the FLU’s and other key stakeholders such as; business controls, COO’s, HR, legal, technology etc. This role will work very closely with the global markets business (FICC & Equities).

Training and development opportunities exist; members of the team have actively encouraged to pursue work shadowing and external education based opportunities e.g. studying for the CISI capital markets programme & the CFA exams. There are also opportunities to get involved with diversity and inclusion initiatives as well as volunteering opportunities.

Core Skills:

  • An understanding of how to register / de-register individuals on exchanges used in the FICC and Equities space. A general understanding of the products covered by each desk and how connectivity works from a technology perspective

  • Experience in maintaining employee data from an order record keeping perspective on exchanges, MTF’s, OTF’s and voice brokers including a high level understanding of record keeping regulations from a MiFiD II perspective (25 and RTS 24)

  • Experience in managing projects based on regulatory change, improving operational efficiency and enhancing systems to improve processes

  • An understanding of the Senior Managers Certification Regime, Irish Fitness & Probity Standards & AMF/ACPR registrations process is desirable

  • An ability to communicate effectively with both internal and external key stakeholders including Senior LOB executives and managers

  • Experience in managing employees from an operational perspective including making key decisions, acting as a SME on exchanges & managing workload and expectations on behalf of the team

  • An ability to multitask, completing work in accurate manner whilst working to specific deadlines

  • Confident analytical skills – the ability to analyse scenarios for risk; mitigating and/or calling it out where appropriate

  • Experience in working independently, performing functions with little direction with a positive, cooperative and professional attitude

  • Computing skills for windows applications – in particular experience of using excel functions for data remediation / reconciliation e.g. building MACRO’s, using V-Lookup & pivot tables

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.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

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 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.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title: EAC Compliance and Operational Risk Specialist

LOB: Global Risk / Compliance & Operational Risk

Corporate Title: Vice President

Location: London

A brand new opportunity has become available for an EAC Compliance and Operational Risk Specialist to join the Registrations & Licensing (R&L) team in the London office. The successful candidate will be joining a team of 8, with 7 employees based in London and 1 employee based in Ireland and will act as the R&L Lead.

The team regularly has exposure to the FLU’s and other key stakeholders such as; business controls, COO’s, HR, legal, technology etc. This role will work very closely with the global markets business (FICC & Equities).

Training and development opportunities exist within this time, with employees actively encouraged to pursue work shadowing and external education based opportunities i.e studying for the CISI capital markets programme & the CFA exams. There are also opportunities to get involved with diversity and inclusion initiatives as well as volunteering opportunities.

Responsibilities:

  • Being the R&L lead on matters pertaining to exchange registrations and the maintenance of employee data from a MiFiD II order record keeping perspective. Acting as the proxy for R&L team lead in their absence

  • Maintaining exchange access for joiners, transfers and leavers with both trading venues & CCP’s for sales and trading as well as operational staff. Maintaining short codes and personal identifiable information with exchange venues, MTF’s, OTF’s & voice brokers

  • Acting as the SME on exchange connectivity from a registrations perspective acting in an advisory capacity for the business and other key stakeholders

  • Assisting in the performance of routine exchange examinations and the completion of due diligence questionnaires from exchanges and CCP’s

  • Being the R&L on business transformation projects driven by regulatory change i.e building new workflows, enhancing internal systems, developing and maintaining procedures and processes

  • Conducting compliance monitoring and testing activities as well as performing QA/QC routines internally. Producing metrics and KPI’s to be used in management information

  • Managing the registration / certification process for in scope employees as per the requirements of the UK, French & Irish regulatory regimes

The Team:

The team is EMEA based with 7 employees based in London and 1 employee based in Ireland. The Registrations & Licensing (R&L) team sits within the central compliance function and is responsible for the management of registrations from a regulatory and exchange perspective. The team primarily covers 3 main jurisdictions; UK, France & Ireland.

The team regularly has exposure to the FLU’s and other key stakeholders such as; business controls, COO’s, HR, legal, technology etc. This role will work very closely with the global markets business (FICC & Equities).

Training and development opportunities exist; members of the team have actively encouraged to pursue work shadowing and external education based opportunities e.g. studying for the CISI capital markets programme & the CFA exams. There are also opportunities to get involved with diversity and inclusion initiatives as well as volunteering opportunities.

Core Skills:

  • An understanding of how to register / de-register individuals on exchanges used in the FICC and Equities space. A general understanding of the products covered by each desk and how connectivity works from a technology perspective

  • Experience in maintaining employee data from an order record keeping perspective on exchanges, MTF’s, OTF’s and voice brokers including a high level understanding of record keeping regulations from a MiFiD II perspective (25 and RTS 24)

  • Experience in managing projects based on regulatory change, improving operational efficiency and enhancing systems to improve processes

  • An understanding of the Senior Managers Certification Regime, Irish Fitness & Probity Standards & AMF/ACPR registrations process is desirable

  • An ability to communicate effectively with both internal and external key stakeholders including Senior LOB executives and managers

  • Experience in managing employees from an operational perspective including making key decisions, acting as a SME on exchanges & managing workload and expectations on behalf of the team

  • An ability to multitask, completing work in accurate manner whilst working to specific deadlines

  • Confident analytical skills – the ability to analyse scenarios for risk; mitigating and/or calling it out where appropriate

  • Experience in working independently, performing functions with little direction with a positive, cooperative and professional attitude

  • Computing skills for windows applications – in particular experience of using excel functions for data remediation / reconciliation e.g. building MACRO’s, using V-Lookup & pivot tables

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.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

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 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.

Learn more about this role

Full time

JR-21049460

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Adrian Michal Zuber

Referral Bonus:

0

Street Address

Primary Location:
2 KING EDWARD ST, London, EC1A 1HQ