Jobs at Bank of America in United Kingdom

Job Description:

Job Title: Global Markets COO, Global Sustainable Finance Group

Corporate Title: Vice President or Director

Location: London

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. 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.

Role Description:

We are seeking a highly motivated, results-driven individual to join the Global Markets COO team supporting Global Sustainable Finance Group (“GSFG”) in London. The role will play a critical part in implementing the International GSFG business strategy, optimizing governance frameworks, driving regulatory implementation, and enhancing business performance. The successful candidate will work closely with a senior COO team in the US and various business lines to drive GSFG strategic initiatives that improve overall efficiency and effectiveness of the Global Markets franchise. You will form part of a well-established and high performing GSFG COO team based in the US.

Responsibilities:

1. Support senior leadership in executing Global Markets strategic initiatives, launching new products and business expansion strategies, and enhancing controls and governance frameworks for GSFG.
2. Represent First Line Unit (FLU) in regional governance routines, internal audits, regulatory reviews, and remediation efforts.
3. Ensure adherence to regulatory requirements, collaborate with LOB and Enterprise stakeholders, and manage regulatory reporting requirements.
4. Partner with Global Compliance and Operational Risk (GCOR), Risk, Finance, Business Controls, Technology and Operations to maintain business continuity and meet regulatory expectations.
5. Identify expense optimization opportunities, drive efficiency improvements, and enhance manage reporting frameworks.
6. Manage BAU processes, including risk attestations, Self-Identified Audit Issues (SIAIs), SPIs, access controls, and policy and procedures.
7. Lead multiple high-profile projects with precision, ensuring timely execution and effective communication with stakeholders.

What we are looking for:

1. Proven experience in financial services, with a preference for Global Markets or regulatory risk projects.
2. Strong written and verbal communication skills, with the ability to simplify complex concepts for senior leadership.
3. Ability to build and maintain strong relationships across business, risk and control functions.
4. Ability to synthesize large volume of data and information, identify trends, develop and execute actionable plans.
5. Experience identifying control gaps and implementing sustainable solutions.
6. Ability to navigate shifting priorities and business needs, manage competing deadlines, and thrive in a high-performance environment.
7. Robust MIS and presentation skills with advanced knowledge of Excel, PowerPoint, and Word.

Skills that will help (optional):

1. Understanding of Global Markets products and regulatory frameworks.

Benefits of working at Bank of America – UK

1. 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.
2. 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.
3. 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum.
4. 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.
5. Use of a flex fund to use towards benefits.
6. Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
7. Ability to donate to charities of your choice directly through payroll and the bank will match your contribution.
8. Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions.
9. Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area.

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.