Job Description:
This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.
Job Title:
Compliance and Operational Risk Specialist (Equities)
Location:
London
Corporate Title:
up to Director
Role Overview:
An opportunity has arisen in our London office for a Compliance Specialist to join the Equities Compliance and Operational Risk team. The role is responsible for assisting the Compliance and Operational Risk team to execute second line of defence compliance and operational risk oversight for the Equities Business in the UK and CEEMEA, focusing on Prime Financing.
Responsibilities:
Assist in assessing risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation.
Engage in activities to provide support to the Compliance and Operational Risk team in order to provide independent compliance and operational risk oversight of Front Line Unit or Control Function performance and any related third party/vendor relationships in alignment with the Policies and the Compliance and Operational Risk Management Program and Standard Operating Procedures.
Assist in identifying and escalating problems or issues that arise and drive actions to address the root causes that lead to compliance risk issues and/or operational risk losses.
Assist with investigation of escalated trade surveillance alerts and continual enhancement of the trade surveillance program elements.
Assist in the development of independent risk management reporting for respective area(s) of coverage as input into management routines.
Conduct monitoring and provide independent review and challenge to the Front Line Unit.
Assist in responding to trading venue and regulatory inquiries and other audits and examinations.
Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory. Reviews and challenges Equities processes, risks, Single Process Inventory, and Risk and Control Self-Assessment related to themes or trends.
Attends & participates in governance forums providing advice, review, and challenge.
What we are looking for:
A versatile, confident individual with significant, relevant work experience in a similar compliance and/or operational risk role within an Equities business. Ability to engage and communicate confidently and professionally with trading and sales teams, and with other internal stakeholders.
Strong written and verbal communication skills.
Knowledge of the UK, European and US regulatory framework including (not limited to) MiFID II, MAR, EMIR, Dodd Frank, Volcker etc.
Preferably a strong understanding of Equities Prime Financing.
Confident in managing policies, procedures and guidelines.
Ability to interpret relevant laws, rules and regulations.
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 dependants 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.
#J-18808-Ljbffr
This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.
Job Title:
Compliance and Operational Risk Specialist (Equities)
Location:
London
Corporate Title:
up to Director
Role Overview:
An opportunity has arisen in our London office for a Compliance Specialist to join the Equities Compliance and Operational Risk team. The role is responsible for assisting the Compliance and Operational Risk team to execute second line of defence compliance and operational risk oversight for the Equities Business in the UK and CEEMEA, focusing on Prime Financing.
Responsibilities:
Assist in assessing risks, associated controls and their effectiveness, while driving compliance with applicable laws, rules, and regulations, adhering to policies, and developing reporting and documentation.
Engage in activities to provide support to the Compliance and Operational Risk team in order to provide independent compliance and operational risk oversight of Front Line Unit or Control Function performance and any related third party/vendor relationships in alignment with the Policies and the Compliance and Operational Risk Management Program and Standard Operating Procedures.
Assist in identifying and escalating problems or issues that arise and drive actions to address the root causes that lead to compliance risk issues and/or operational risk losses.
Assist with investigation of escalated trade surveillance alerts and continual enhancement of the trade surveillance program elements.
Assist in the development of independent risk management reporting for respective area(s) of coverage as input into management routines.
Conduct monitoring and provide independent review and challenge to the Front Line Unit.
Assist in responding to trading venue and regulatory inquiries and other audits and examinations.
Monitors the regulatory environment to identify regulatory changes applicable to area(s) of coverage and maintains a comprehensive regulatory inventory. Reviews and challenges Equities processes, risks, Single Process Inventory, and Risk and Control Self-Assessment related to themes or trends.
Attends & participates in governance forums providing advice, review, and challenge.
What we are looking for:
A versatile, confident individual with significant, relevant work experience in a similar compliance and/or operational risk role within an Equities business. Ability to engage and communicate confidently and professionally with trading and sales teams, and with other internal stakeholders.
Strong written and verbal communication skills.
Knowledge of the UK, European and US regulatory framework including (not limited to) MiFID II, MAR, EMIR, Dodd Frank, Volcker etc.
Preferably a strong understanding of Equities Prime Financing.
Confident in managing policies, procedures and guidelines.
Ability to interpret relevant laws, rules and regulations.
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 dependants 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.
#J-18808-Ljbffr
