Director Commodities Specialist Business Controls jobs at Bank Of America in United Kingdom, London

Responsibilities:

As a core member of the UK Corporate Banking team, you will:

• Identify, target and onboard new UK clients (listed, private and primarily mid-cap)

• Develop and manage the client dialogue as the relationship manager

• Coordinate client engagement globally, and across full product suite

• Take responsibility for the origination of business across product

• Provide advice on a broad array of financing strategies to address client specific needs

• Structure, prepare and deliver content led presentations

• Partner closely with Investment Banking teams on client coverage and origination

• Work with our credit and risk partners as it relates to our client engagements

• Seek to ensure the Bank's activities are conducted in a compliant and risk-free manner

• Manage and mentor junior professionals on deal execution, marketing and general career development

What we are looking for:

• Excellent client relationships, marketing, presentation and sales skills

• Extensive knowledge of Corporate Banking product set and the UK client base (including midcap space)

• Self-motivated, tenacious and able to work with high degree of independence

• Demonstrated experience in client management and new business origination

• Meticulous attention to detail, diligence and conscientiousness

• Ambitious, with a desire to succeed

• Capable of working effectively both independently and with multiple teams/individuals

• Strong corporate finance skills and experience

• You will have the ability to manage and prioritize multiple projects simultaneously

• Able to work effectively as an individual and as part of a team

Benefits of working at Bank of America:

• 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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Job Description:

Job Title:
Valuation Controls Specialist

Corporate Title:

Responsibilities:

Performing the calculation and analysis of valuation controls including IPV,

valuation adjustments and prudent valuation adjustments, as well as ownership

for quarterly disclosures.

Working with the Global Valuation Group to ensure ongoing review &

enhancement of valuation control methodologies and practices.

Ensuring procedure documents are accurate and up to date

Assisting in the streamlining and enhancement valuation processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.

Engaging with the key stakeholders including Front Line Units, Accounting Policy

Group, Risk and Global Valuation Group to implement appropriate accounting

policies and procedures.

A strong understanding of valuation controls, regulatory rules and governance

including Independent Price Verification, Valuation Adjustments and Prudential

Skills that will help:

Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts is preferable.

• Good, recent working knowledge of Fixed Income businesses and Valuation Control

• Understands complex non-Linear products and their valuations.

• Applies Financial Accounting & Reporting Expertise

• Applies Financial Analysis and Reasoning Skills

• Demonstrates Accounting Knowledge

• Capable of devising valuation methodologies and automate using various tech tools

• Experience in a Global, Matrix Organisation preferred

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Job Description:

Job Title: Valuation Specialist

Corporate Title: up to Vice President

Responsibilities:

Performing the calculation and analysis of valuation controls including IPV,

valuation adjustments and prudent valuation adjustments, as well as ownership

for quarterly disclosures.

Working with the Global Valuation Group for the ongoing review of valuation control methodologies and practices.

Ensuring procedure documents are accurate and up to date

Assisting in the streamlining and enhancement valuation processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes.

Engaging with the key stakeholders including Front Line Units, Accounting Policy

Group, Risk and Global Valuation Group to implement appropriate accounting

policies and procedures.

Ability to build a strong understanding of valuation controls, regulatory rules and governance

including Independent Price Verification, Valuation Adjustments and Prudential

Skills that will help:

Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts is preferable.

• Good, recent working knowledge of Fixed Income businesses and Valuation Control

• Understands rates products and their valuations.

• Applies Financial Accounting & Reporting Expertise

• Applies Financial Analysis and Reasoning Skills

• Demonstrates Accounting Knowledge

• Experience in a Global, Matrix Organisation preferred

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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

Job Description:

Job Title:Product Controller - Equities

Assistant Vice President

Responsibilities:

• Day-to-day P&L, Balance Sheet and Valuation control responsibilities within the EMEA Global Financing & Futures (GFF) BFC team in London

• Identify and investigate valuation discrepancies and liaise with Front Line Units (FLUs), Risk, Operations and other finance teams to resolve issues.

• Analyse drivers of P&L and balance sheet movements, providing commentary and insight for management

• Engagement with the Accounting Policy Group to implement appropriate accounting policies and procedures.

• Ensure adherence to accounting policies relating to repos, including sale and repurchase accounting, as well as compliance with FIN41 and IFRS netting guidance for financial instruments.

• Working with the GVG group to ensure ongoing review & enhancement of valuation control methodologies and practices. Ensuring procedure documents are accurate and up to date.

• Assist in the streamlining and enhancement of all GFF BFC processes and becoming activelyinvolvedwith system development ranging from technical enhancements and new product releases to automation of existing processes.

• Contribute to governance processes, operational error reporting and support of other internal control process, including SOX.

• Contribute to audit engagements, addressing queries on valuation, accounting treatment, and finance controls.

• Provide finance leadership on new product approvals, system implementations, and accounting policy changes affecting repo activity.

What we are looking for:

• Preferably Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts.

• Applies Financial Accounting & Reporting Expertise

• Applies Financial Analysis and Reasoning Skills

• Demonstrates Accounting Knowledge

• Demonstrates Financial Acumen

UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.

• 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.

• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs and 20 days of back-up adult care per annum.

• 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, cycle to work etc.

• Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.

• 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.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

:

Job Description:

The team specializes in Canadian and US OTC and listed options on single stocks, ETFs and indices. Maturities range from short-dated up to 5 years in term.

The new Director will be responsible to help maintain and develop our Equity Options sales franchise with clients based in Canada and worldwide with the aim of growing commission revenues, market share and our overall market presence.Daily responsibilities include evaluation of markets, development of trading strategies, client facilitation, content creation, and analysis. All these will be done within the GED-specific risk limits and policies, in the context of the wider TD Top of the House Risk Appetite and the prevailing Regulatory Framework.

Job Requirements

Responsibilities of this role include, but are not limited to, the following:

• Developing the Options Sales strategic objectives and growth strategies.

• Provides expert knowledge of market data, economic information and key industry developments as well as regulatory standards at all times to assist in client service. Position develops and maintains contacts with market participants
• Help produce relevant options market commentary, content and trade ideas
• Build interest in the Canadian and US options market domestically and internationally
• Educate our potential client base including asset and portfolio managers about the benefits of options trading
• Work closely with trading on marketing strategy, opportunistic sales to enhance trading revenue
• Maintain relationships with portfolio managers as well as option execution teams
• Optimize existing client relationships as well as pursue new clients
• Collaborate across the dealer in identifying and pursuing potential clients, that includes working with the Cash Equities, GED Structured Products, ETF and Delta One teams, among others.
• Observes strict adherence personally and at a desk level to the firm's procedures
• Understands and will comply with TD Securities Policies, regulatory and compliance requirements
• Demonstrate governance, control and risk management behaviours in alignment with TD policies and practices

Education & Experience

• Undergraduate degree in Business (Accounting or Finance) orMathematics/Economics
• Extensive related applicable industry experience
• Must be detail oriented and possess problem-solving skills
• Must be able to work independently with minimal supervision and establish priorities
• Proficient in interpersonal communication (both oral and written), and have the ability to communicate effectively with all levels of staff and management
• Successful candidate will have to complete as needed various regulatory registration courses such as CSC, CPH, Trader Training Course, Derivative Fundamentals, Options Licensing Course.

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

KEY ACCOUNTABILITIESCUSTOMER

• Lead and manage the end to end delivery of technology solutions or services for a key business line, portfolio, assigned segment or enterprise area with a clear focus on strategic planning, schedule management, scope, change / issues management, client communication and overall resourcing and financial costs on a longer term basis
• Responsible for project delivery for the set of application in their scope, commissioning projects to be executed by assigned Project Managers
• Act as an integrator of solutions; provide a flexible approach by offering and negotiating options with the clients that assure the appropriate balance between service levels, cost and risk
• Communicate business vision / goal and portfolio priorities to team members (e.g. Application Owners / Development Managers, Business Systems Analysis, Platform / Service and/or Technology Project Managers etc.)
• Develop impact assessments as it relates to LOB landscape changes / revisions / additions and manage the integrated portfolio delivery schedule and periodically perform risk assessments and manage operational processes consistent across the portfolio (e.g. time reporting)
• Monitor and manage Capacity Forecasting process compliance among Technology Project Managers and report on progress, status, and overall health of the portfolio and the individual applications
• Assess change requests and issues across the portfolio and identify key items for reporting
• Manage day to day vendor relationships and monitor progress against established work agreements for own area
• Partner with clients/ businesses in developing business cases, RFI/RFP, contracts, service level agreements, etc. consistent with business objectives and technologystandards/architecture
• Work closely with IT leadership to ensure on-going focus on reusability, scalability, and enterprise-wide solutions, to maximize returns on the suite of products
• Oversee and support the demand management process from intake through final approval and initiation of delivery execution with respective management teams / business partners / stakeholders

SHAREHOLDER

• Lead the development of total cost of ownership estimates for applications / services across the portfolio and monitor and track to established plans in partnership with Finance and Business Management team
• Measure and monitor progress at clearly defined points in the process for all ongoing projects within the portfolio to ensure projects are delivered on time, within budget, and meet or exceed expectations
• Assess work plans and schedule impacts across portfolio and identify key schedule issues for reporting, escalate further as necessary
• Comply with well-defined enterprise technology delivery practices and standards and project management disciplines - including creation of project documentation of system requirements, estimates of scope and cost
• Track major project deliverables; communicate up-dates; support initiatives intended at reducing time-to-market and containing costs
• Ensure operational, reputational, and intellectual risks are understood, and provide advice towards minimizing risk and escalate where appropriate
• Maintain proficient knowledge of the competition, customer / industry trends and technology innovation; identify opportunities for research and suggest solutions as appropriate
• Maintain high level of customer service and ensure commitments are met; recommend appropriate actions to enhance service levels, through effective service level management practices/ agreements
• Keep informed of technology solutions initiatives and IT direction across TDBG in order to provide strong support to the businesses
• Ensure a full understanding of business requirements and apply knowledge to escalate/prioritize delivery of new and existing projects
• Ensure that new capabilities required by the business are supported by appropriate service delivery departments
• Ensure integration between TS LOB team across processes, technology and data for all solutions defined

EMPLOYEE / TEAM

• Prioritize and manage own workload and support workload of team members in order to deliver quality results and meet timelines
• Support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Work closely with other groups, sharing knowledge of client and customer issues, needs and expectations, and contributing to sound decisions
• Establish and maintain open and effective communication with clients, the businesses, and other team members
• Contribute to the ongoing development of the team and business partners by sharing information, knowledge and lessons learned on a regular basis
• Identify and recommend opportunities to enhance productivity, effectiveness and operational efficiency of the business unit and/or team
• Participate in knowledge transfer within the team and business units
• Establish effective relationships across multiple business and technology partners, program and project managers

BREADTH & DEPTH

• Role generally supports a significant business area, product group, Enterprise Platform, Service or Capability under a Segment CIO or technology functional area.
• Sets work direction at an operational level, works autonomously in the management of the unit and collaborates with other business or technology leaders to establish and execute on common goals with a medium to longer term business perspective
• Expert knowledge of the business and bank technology standards (e.g., infrastructure, architecture, processes, applications) from a strategic perspective and managing/ directing teams and projects
• Sound knowledge of external competition, emerging, industry and/or market trends in relation to own business
• Integrator role that oversees various technology functions / resources to deliver business technical solutions or shared service
• Directly or indirectly oversees a sizeable and varied team of technology professionals (e.g., up to 50+ consisting of Application Developers, Solutions Designers, Business Systems Analysts, Specialists, and/or Project Managers) in the end to end delivery of complex projects, system enhancements / applications and/or application or service management
• Directs/manages large-scale applications/ projects across multiple product lines/ businesses, involving significant scope and complexity
• Understands strategic direction (including financials) and champions alliances to benefit the Bank and/or department; advocates for operational improvements to enhance the division’s value to the organization
• Role typically reports to an Executive role

EXPERIENCE & EDUCATION

• Undergraduate degree or Technical Certificate
• Graduate degree, preferred
• 10+ years relevant experience

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.