Senior Auditor - Global Markets Operations

Job Description:

Job Title: Senior Auditor - Global Markets Operations
Corporate Title: Assistant Vice President
Location:  London or Dublin

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection.  Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

This is a great opportunity to work within a collaborative and diverse team, covering Global Markets Operations, with teammates across the Globe.

About the role:

You will use your previous experience in Global Markets Operations to conduct audits across EMEA, with regular engagement in global work of the same nature.  This role provides a great potential for exposure to senior management across the company and opportunity to engage in interesting and impactful work.

Responsibilities

• Plan, conduct, and contribute to regional and global audit reviews of Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations), covering areas such as trade support, collateral management, asset services, non-financial regulatory reporting and settlement.
• Identify key risks, document process understandings, and evaluate the adequacy of internal controls over Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations).
• Assess compliance with enterprise standards as well as key regulatory requirements applicable to Global Markets Operations.
• Conduct root-cause analysis, document audit issues identified, and validate that remedial action and key risks have been mitigated.
• Perform continuous monitoring and risk assessments of Global Markets Operations activities (including Non-Financial Regulatory Reporting, Tax and Credit Operations)

Required Experience:

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
• Professional certifications/audit qualifications are highly desirable (e.g. CIA, CFA, CISA, ACA)
• Considerable internal audit experience within a global financial institution preferably.
• Strong understanding of operational processes (trade control, collateral management, asset services, non-financial regulatory reporting, settlement) supporting Global Markets activities (equities, fixed income, FX, commodities, etc.)

Required Skills

• Strong knowledge of internal controls and risk management principles.
• Excellent analytical and problem-solving skills with a data-driven approach.
• Team player with a solution-oriented attitude and strong risk mindset
• Strong interpersonal and communication skills, capable of presenting complex findings to senior management.
• Experience using audit project management tools and familiarity with data analytics (e.g., Alteryx, Excel, SQL).
• Ability to be proactive, work independently and manage the timely delivery of multiple tasks simultaneously in a fast-paced environment.
• Foundational knowledge of key financial regulatory requirements applicable to Global Markets Operations(e.g. MiFID II, Dodd-Frank, EMIR, Client Money/Assets and local market rules)

​Benefits of working at Bank of America:
UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

Bank of America:

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 sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents or 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.