UK FICC Compliance and Operational Risk Manager

Job Description:

Job Title: UK FICC Compliance and Operational Risk Manager

LOB: Global Risk / Global Compliance & Operational Risk

Corporate Title: Director

Location: London

The UK FICC Global Compliance & Operational Risk team have are recruiting for a Compliance & Operational Risk Manager to join the London office. This role will help with either coverage of the Rates or Credit and Mortgages business lines in the UK (depending on experience of candidate). Rates and Credit are two of the main FICC business lines and so we require a permanent, full-time member of the team to help provide sufficient GCOR coverage to one of these business lines.

The successful candidate will require knowledge of FICC LOBs. As an experienced VP or Director, we would expect the candidate to have solid experience in LOB Compliance roles.

Overview of the Role:

This individual will help to deliver the Compliance and Operational Risk programme through:

• Understanding the UK FICC  business lines

• Answering queries from the business

• Reviewing new product reviews

• Reviewing escalations of potential market abuse

• Reviewing surveillance alerts

• Reviewing transactions that have required escalation

• Challenging operational loss events over USD100,000

The Team:

The individual will get to join the UK FICC GCOR team in London and be one of the experienced members of the team. The overall team will consist of 13 team members (once all open headcount hired). The team also work closely with the Electronic Trading GCOR team and Surveillance Strategy GCOR team in the region.

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 opportunities 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:

H4

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0