Bank Of America Job - Transaction Reporting Operations Analyst , London, United Kingdom
TR Ops is responsible for ensuring the completeness, accuracy and timeliness of the Bank's transaction reporting obligations across multiple global regulatory jurisdictions. The global team, which is based in the UK, US and India, currently covers 30+ transaction reporting obligations.
To help strengthen control standards and provide scalability to cope with existing and new regulatory requirements, we are currently hiring for several teams:
Enhanced Quality Assurance: The team carries out dip tests and thematic deep-dives for quality assurance purposes.
Remediation: The team operates cross-functionally. Any issues identified are remediated and where required, affected transactions will be back-reported.
Initiatives: The team operates cross-functionally and considers any potential impact of changes resulting from new trades, products or regulation on their transaction reporting obligations.
Governance: The team provides a centralised risk, control and governance framework.
We are looking to recruit and develop talented people who could bring the following skills:
Regulatory Background: Familiarity with key regulations covered by TR Ops: EMIR, MIFID (desired: REMIT, SMMD, MIFID II)
Industry Experience: Experience of working in Banking Middle Office, Operations or other relevant functions
Stakeholder and Client Management: Experience in managing cross-functional senior stakeholders
Role specific skills: Business Analysis, Project Management, Governance, Change Management experience
If you are a Transaction Reporting professional considering your next challenge in a rapid and ever evolving regulatory landscape please send your details to us by applying online with your CV. If suitable our recruitment team will discuss your skills and experience with you and either put you forward for a live role or retain your details for upcoming vacancies.
Career Development and Learning
At Bank of America Merrill Lynch, your success is important to us. Internal resources and access to external expertise support your career growth. You're encouraged to have regular conversations with your managers about career aspirations. We partner with you to support success in your current role while building the skills necessary to position you to meet your goals
Bank of America Merrill Lynch
Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.
The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.
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 mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
At Bank of America Merrill Lynch, we are committed to attracting and retaining top talent across the globe to ensure our continued success. Along with taking care of our customers, we want to be a great place for people to work and are intent on creating a work environment where all employees have the opportunity to achieve their goals.
Diversity and Inclusion
At Bank of America Merrill Lynch, we realise the power of our people and value our differences - in thought, style, sexual orientation, gender identity, culture, ethnicity and experience - recognising that our diversity makes us a stronger company. Diversity and inclusion are central to our company's values, and we are proud to be widely recognised for our progressive workplace practices and initiatives that promote inclusion.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.