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Enterprise Area of Coverage Compliance and Operational Risk Specialist (Control Room)

London, , United Kingdom

Job Description:

Job Title: Enterprise Area of Coverage Compliance and Operational Risk Specialist (Control Room)

LOB: Global Risk / GBAM Compliance & Operational Risk  

Corporate Title: Vice President

Location: London  

GBAM Compliance & Operational risk have an opportunity available in the London office for an Enterprise Area of Coverage Compliance and Operational Risk Specialist (Control Room. This position is critical to ensure the proper functioning of information flow between private and public side of the firm without which the firm would be exposed to regulatory, financial and reputational risk. The team cover the EMEA region and form part of a continuous coverage model provided by the Global Control Room and work volumes are therefore high throughout the year.

This is a fantastic opportunity to gain exposure to multiple business lines including Investment Banking, Research and Global Markets (both Equity and Fixed Income) and to gain an understanding of the full range of products and services a global bank offers.

As this is a role with global coverage, there will be a requirement for the successful candidate to work 1 or 2 early shifts per week from 6:30am – 3:30pm.

Responsibilities:

  • Execution of the Global Compliance Policy and the Compliance Risk Standards as applicable for the Enterprise Information Wall Compliance Program

  • Provide subject matter expertise and training on information wall policies and procedures to the business and other key stakeholders

  • Review private side transactions and perform analysis to understand potential impacts on the Watch List and/or Restricted List

  • Review  equity and fixed income Investment Research reports

  • Review non-deal roadshows  organised and/or hosted by BofA

  • Pre-clear trade requests in restricted stocks, pre-clear large trade requests and perform firm holding checks

  • Manage the firm’s wall crossing processes, providing challenge where necessary

  • Contribute to global technology projects and other targeted assessments to improve processes and mitigate risk

Team:

A team of six provide Control Room coverage for the EMEA region and are based in BofA’s London office. We operate a flat structure so a new joiner will have the opportunity to experience all tasks performed within the Control Room.

We have an open and supportive working environment and the team are actively encouraged to identify and pursue opportunities to improve our processes. We support team members to build networks across the firm and seek training and development opportunities to progress their careers.

Required Skills:

  • Analytical and problem solving skills

  • Ability to work under pressure

  • Ability to prioritise tasks effectively 

  • Confident interpersonal skills

  • Ability to challenge and appropriately assess risks

  • Works effectively as part of a team

  • Minimum of 2 Years of business & functional experience

  • Bachelor’s degree or equivalent experience

Preferred Skills:

  • Understanding of US Securities Laws

  • Understanding of UK and Irish Takeover Panels

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: Enterprise Area of Coverage Compliance and Operational Risk Specialist (Control Room)

LOB: Global Risk / GBAM Compliance & Operational Risk  

Corporate Title: Vice President

Location: London  

GBAM Compliance & Operational risk have an opportunity available in the London office for an Enterprise Area of Coverage Compliance and Operational Risk Specialist (Control Room. This position is critical to ensure the proper functioning of information flow between private and public side of the firm without which the firm would be exposed to regulatory, financial and reputational risk. The team cover the EMEA region and form part of a continuous coverage model provided by the Global Control Room and work volumes are therefore high throughout the year.

This is a fantastic opportunity to gain exposure to multiple business lines including Investment Banking, Research and Global Markets (both Equity and Fixed Income) and to gain an understanding of the full range of products and services a global bank offers.

As this is a role with global coverage, there will be a requirement for the successful candidate to work 1 or 2 early shifts per week from 6:30am – 3:30pm.

Responsibilities:

  • Execution of the Global Compliance Policy and the Compliance Risk Standards as applicable for the Enterprise Information Wall Compliance Program

  • Provide subject matter expertise and training on information wall policies and procedures to the business and other key stakeholders

  • Review private side transactions and perform analysis to understand potential impacts on the Watch List and/or Restricted List

  • Review  equity and fixed income Investment Research reports

  • Review non-deal roadshows  organised and/or hosted by BofA

  • Pre-clear trade requests in restricted stocks, pre-clear large trade requests and perform firm holding checks

  • Manage the firm’s wall crossing processes, providing challenge where necessary

  • Contribute to global technology projects and other targeted assessments to improve processes and mitigate risk

Team:

A team of six provide Control Room coverage for the EMEA region and are based in BofA’s London office. We operate a flat structure so a new joiner will have the opportunity to experience all tasks performed within the Control Room.

We have an open and supportive working environment and the team are actively encouraged to identify and pursue opportunities to improve our processes. We support team members to build networks across the firm and seek training and development opportunities to progress their careers.

Required Skills:

  • Analytical and problem solving skills

  • Ability to work under pressure

  • Ability to prioritise tasks effectively 

  • Confident interpersonal skills

  • Ability to challenge and appropriately assess risks

  • Works effectively as part of a team

  • Minimum of 2 Years of business & functional experience

  • Bachelor’s degree or equivalent experience

Preferred Skills:

  • Understanding of US Securities Laws

  • Understanding of UK and Irish Takeover Panels

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-21056467

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Gail Danvers

Referral Bonus:

0

Street Address

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