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VP, Audit Supervisor

London, , United Kingdom

Job Description:

Job Title:  Vice President, Global Market Audit 
Corporate Title:  Vice President
Location:  London

Role Description: 

1.    Participation in risk assessments of auditable businesses specific to Electronic Trading (ET) (these results drive audit coverage cycles for businesses)
2.    Participation and support in the execution of ET planned audits (per audit cycle) and targeted/ ad-hoc audits (e.g. in response to emerging risk), providing assurance to senior management over the effectiveness of the controls environment in the region. 
3.    After successfully settling within the team and gaining knowledge of the audit methodology and the operating environment, the candidate will start leading audits.  
4.    Validating the closure of significant findings/ issues 
5.    Coaching the less experienced audit associates in the team
6.    Monitoring Industry and emerging risks analysis and following up on unusual trends or significant risks.


The Team:

The Electronic Trading GM Audit team currently comprises of 7 auditors across the various regions with diverse experience and skills. The team is well diversified in relation to gender and ethnicity with a strong focus on ensuring the physical and mental wellness of associates,  maintaining team spirit, sharing knowledge and experience, valuing every associate’s contribution, helping associates to develop and progress their careers and well as ensuring that associates enjoy the work environment (whether working virtually or in the office). We also offer internal and external training opportunities to associates to develop their technical/ product and soft skills.  

The team remains well connected to other regional audit teams (US and APAC) through joint engagement in global audits, global mentoring initiatives as well as engagement in global Diversity and Inclusion initiatives. 


Core Skills:
This role requires the candidate to have some quantitative skills as well as detailed experience and knowledge of GM FICC and Equities Electronic trading system and flows relating to:

1.    Algo types and associated risk
2.    Expected controls across the electronic trading flows / Algos. 
3.    Good understanding of DEA and Algo trading including Internal Matching Engines

The candidate is also expected to have some knowledge of key UK and EU Regulations that apply to GM trading (e.g. MAR, MIFID II). Data analytics and programming language skills are also preferable. 

Key competencies that will enable the candidate be successful in the role include:
1.    Financial services industry acumen.
2.    Ability to deliver high quality work within deadlines.
3.    Ability to process information and change audit focus quickly in line with risk assessments
4.    Strong team player skills and ability to work in a multicultural environment. 
5.    Good communication skills (verbal and written)
6.    Proactive / critical thinking and willingness to learn.
7.    Solution oriented attitude
8.    Independent thinker
 

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:  Vice President, Global Market Audit 
Corporate Title:  Vice President
Location:  London

Role Description: 

1.    Participation in risk assessments of auditable businesses specific to Electronic Trading (ET) (these results drive audit coverage cycles for businesses)
2.    Participation and support in the execution of ET planned audits (per audit cycle) and targeted/ ad-hoc audits (e.g. in response to emerging risk), providing assurance to senior management over the effectiveness of the controls environment in the region. 
3.    After successfully settling within the team and gaining knowledge of the audit methodology and the operating environment, the candidate will start leading audits.  
4.    Validating the closure of significant findings/ issues 
5.    Coaching the less experienced audit associates in the team
6.    Monitoring Industry and emerging risks analysis and following up on unusual trends or significant risks.


The Team:

The Electronic Trading GM Audit team currently comprises of 7 auditors across the various regions with diverse experience and skills. The team is well diversified in relation to gender and ethnicity with a strong focus on ensuring the physical and mental wellness of associates,  maintaining team spirit, sharing knowledge and experience, valuing every associate’s contribution, helping associates to develop and progress their careers and well as ensuring that associates enjoy the work environment (whether working virtually or in the office). We also offer internal and external training opportunities to associates to develop their technical/ product and soft skills.  

The team remains well connected to other regional audit teams (US and APAC) through joint engagement in global audits, global mentoring initiatives as well as engagement in global Diversity and Inclusion initiatives. 


Core Skills:
This role requires the candidate to have some quantitative skills as well as detailed experience and knowledge of GM FICC and Equities Electronic trading system and flows relating to:

1.    Algo types and associated risk
2.    Expected controls across the electronic trading flows / Algos. 
3.    Good understanding of DEA and Algo trading including Internal Matching Engines

The candidate is also expected to have some knowledge of key UK and EU Regulations that apply to GM trading (e.g. MAR, MIFID II). Data analytics and programming language skills are also preferable. 

Key competencies that will enable the candidate be successful in the role include:
1.    Financial services industry acumen.
2.    Ability to deliver high quality work within deadlines.
3.    Ability to process information and change audit focus quickly in line with risk assessments
4.    Strong team player skills and ability to work in a multicultural environment. 
5.    Good communication skills (verbal and written)
6.    Proactive / critical thinking and willingness to learn.
7.    Solution oriented attitude
8.    Independent thinker
 

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-21074858

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Peter Brown

Referral Bonus:

0

Street Address

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