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Client Asset Oversight and QA Specialist

Chester, , United Kingdom

Job Description:

Job Title: Client Asset Oversight and QA Specialist

Corporate Title: Assistant Vice President   

Location: Chester  

Role Description:

  • Enhancing and developing the testing strategy for the Global Client Asset Programme;
  • Conducting trend analysis and providing risk based heatmaps and reporting to relevant governance committees,
  • Executing control tests and, monitoring across operational processes which impact Client Asset Compliance;
  • Reporting and escalation of incidents identified and management of resolution;
  • Tracking and closing actions that occur as a result of crystalized incidents

The Team:

The candidate forms a key part of the team which is located in Chester/Dublin and covers the testing and monitoring of client asset processes to ensure regulatory compliance for all BofAML Legal entities in scope for Client Asset protection. The candidate would be required to interact with a large number of stakeholders across the firm including operations teams, compliance, legal and internal audit. This role requires enhanced Audit skills , knowledge of investment bank operational processes and a basic understanding of Client Asset Rules.

Core Skills:

  • An understanding of the regulatory environment operated in EMEA, knowledge of the Client Asset regulations is beneficial but not essential.
  • Ability to analyze control processes to identify key issues e.g. review control processes, map out key controls, identify control gaps and make recommendations.
  • Ability to influence outside of direct team to facilitate changes to control and regulatory environment.
  • Excellent Organizational & Multi-tasking skills to support client money reporting and oversight groups.
  • Ability to deal and communicate at all levels within the organization.
  • Advanced written, verbal and presentation skills. General knowledge across investment bank operations, products, processes and the associated control environment.
     

Other Qualifications:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
  • Excels in working among diverse viewpoints to determine the best path forward
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

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 opportunity 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: Client Asset Oversight and QA Specialist

Corporate Title: Assistant Vice President   

Location: Chester  

Role Description:

  • Enhancing and developing the testing strategy for the Global Client Asset Programme;
  • Conducting trend analysis and providing risk based heatmaps and reporting to relevant governance committees,
  • Executing control tests and, monitoring across operational processes which impact Client Asset Compliance;
  • Reporting and escalation of incidents identified and management of resolution;
  • Tracking and closing actions that occur as a result of crystalized incidents

The Team:

The candidate forms a key part of the team which is located in Chester/Dublin and covers the testing and monitoring of client asset processes to ensure regulatory compliance for all BofAML Legal entities in scope for Client Asset protection. The candidate would be required to interact with a large number of stakeholders across the firm including operations teams, compliance, legal and internal audit. This role requires enhanced Audit skills , knowledge of investment bank operational processes and a basic understanding of Client Asset Rules.

Core Skills:

  • An understanding of the regulatory environment operated in EMEA, knowledge of the Client Asset regulations is beneficial but not essential.
  • Ability to analyze control processes to identify key issues e.g. review control processes, map out key controls, identify control gaps and make recommendations.
  • Ability to influence outside of direct team to facilitate changes to control and regulatory environment.
  • Excellent Organizational & Multi-tasking skills to support client money reporting and oversight groups.
  • Ability to deal and communicate at all levels within the organization.
  • Advanced written, verbal and presentation skills. General knowledge across investment bank operations, products, processes and the associated control environment.
     

Other Qualifications:

  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
  • Excels in working among diverse viewpoints to determine the best path forward
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

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 opportunity 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-22087453

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Katie Whitehead

Referral Bonus:

0

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE