Equities Valuation Specialist jobs at Bank Of America in United Kingdom, London

Job Description:

London - UK

Job Title: Senior Java Engineer

Corporate Title: Director

The Equities Cash Technology team is a global team with a good presence in every region (AMRS, EMEA and APAC). We aim to maintain a global perspective while recognizing and responding to specific regional requirements that make each market unique.

Role Description:

This job is responsible for functionally leading a team. The team is working on number of algorithmic engines that support benchmark algos, smart order routing and internal crossing, serving the EMEA as well as global electronic business. Apart from a continuous stream of strategy container enhancements and regulatory requirements, the team is also working on number of framework related items. The underlying platform has been built on a Java framework with next generation low latency and high throughput at the heart of the application. There is a high degree of business and quants interaction.

The main responsibilities of this role include:

Delivery of key functional changes to the ETT strategy engines

• Delivery of core framework-level changes
• Interaction with quantitative trading group / quantitative traders to capture core requirements.
• Being involved with all aspects of the development lifecycle (gathering requirements, developing code, writing unit tests, reviewing patches, performing 2nd level support

The following skills are required:

• Excellent communication skills
• Demonstrated experience in developing modern systems using modern software development practices and an automation first mindset across the software development lifecycle, particularly around shift-left testing.
• In depth understanding of core Java API’s (collections, concurrency, NIO )
• Understand and have experience with multithreaded systems, working knowledge of the Java garbage collector, familiar with low latency I/O.
• Demonstrable experience of front office system design and architecture (algo trading plant and topology)
• Business Knowledge – Understanding of equities and/or derivatives markets.
• Understanding of benchmark algo and/or smart routing strategies (VWAP, TWAP, Arrival Price etc.)
• Understanding of and experience with design patterns (Observer, Factory, Singleton )
• Development practices - Should be able to use test focused development and be familiar with UML and OO design. Should have experience with Eclipse or IntelliJ, GIT, continuous build servers and Maven / Gradle.
• Should be able to work with and help more junior members
• Can demonstrate ability to work in a multi-faceted role (development with some testing, support, and analysis).

The ideal candidate will also have:

• Business Knowledge – Understanding of Futures, FX and/or FI.
• Experience working with agile methodologies.
• Knowledge of FIX (heart beating, login, sequence numbers, message types etc.)

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

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

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:

London - UK

Job Title: Senior Technology Manager

Corporate Title: Director

The Equities Cash Technology team is a global team with a good presence in every region (AMRS, EMEA and APAC). We aim to maintain a global perspective while recognizing and responding to specific regional requirements that make each market unique.

Role Description:

This job is responsible for functionally leading a team. The team is working on number of algorithmic engines that support benchmark algos, smart order routing and internal crossing, serving the EMEA as well as global electronic business. Apart from a continuous stream of strategy container enhancements and regulatory requirements, the team is also working on number of framework related items. The underlying platform has been built on a Java framework with next generation low latency and high throughput at the heart of the application. There is a high degree of business and quants interaction.

The main responsibilities of this role include:

Delivery of key functional changes to the ETT strategy engines

• Delivery of core framework-level changes
• Interaction with quantitative trading group / quantitative traders to capture core requirements.
• Being involved with all aspects of the development lifecycle (gathering requirements, developing code, writing unit tests, reviewing patches, performing 2nd level support

The following skills are required:

• Excellent communication skills
• Demonstrated experience in developing modern systems using modern software development practices and an automation first mindset across the software development lifecycle, particularly around shift-left testing.
• In depth understanding of core Java API’s (collections, concurrency, NIO )
• Understand and have experience with multithreaded systems, working knowledge of the Java garbage collector, familiar with low latency I/O.
• Demonstrable experience of front office system design and architecture (algo trading plant and topology)
• Business Knowledge – Understanding of equities and/or derivatives markets.
• Understanding of benchmark algo and/or smart routing strategies (VWAP, TWAP, Arrival Price etc.)
• Understanding of and experience with design patterns (Observer, Factory, Singleton )
• Development practices - Should be able to use test focused development and be familiar with UML and OO design. Should have experience with Eclipse or IntelliJ, GIT, continuous build servers and Maven / Gradle.
• Should be able to work with and help more junior members
• Can demonstrate ability to work in a multi-faceted role (development with some testing, support, and analysis).

The ideal candidate will also have:

• Business Knowledge – Understanding of Futures, FX and/or FI.
• Experience working with agile methodologies.
• Knowledge of FIX (heart beating, login, sequence numbers, message types etc.)

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

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

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 Title:Trade Product Sales Specialist

: Vice President or Director

Global Payments Solutions Group

Do you want to be part of our award-winning team? We are proud to:

• Be a leading provider of treasury and cash management solutions

• Deliver for over 100,000+ clients globally, including over 73% of the Global Fortune 500

• Be at the forefront of delivering treasury solutions across all segments and all industries, from middle-market businesses to the world’s largest corporate and financial institutions

• Provide a personalised service for our clients, backed with high-tech for their liquidity management, payments and receipts, trade and supply chain finance and FX and commercial card services

We want to hear from you if you are:

• A highly-motivated individual

• Has a client-centric focus who can advocate on their behalf

• Can challenge the status quo

• Collaborate with peers as well as having the ability to influence the conversation with diverse points of view

• Innovative with forward-thinking ideas

You will have the opportunity to:

• Work in a dynamic growing part of the GPS and wider Global Banking and Global Markets franchise

• Interact with the largest global corporations in EMEA

• Gain exposure to senior business partners and leaders in the broader EMEA region

• Deliver growth in a core transaction services product

Responsibilities

Key role activities and responsibilities of the position may include:

• Developing a business strategy to grow Trade revenues in selected markets

• Working closely with GPS Sales and Corporate Banking to ensure complete alignment in client planning, opportunity targeting, deal progression and revenue growth

• Owning and managing Trade pipeline and P&L for select group of clients

• Understanding customer needs. Being the voice of the clients and provide input for new trade products development

• Coordinating internally to drive timely and flawless execution. Working closely with Operations and Client Servicing to improve client experience

• Strong collaboration with peers in other parts of EMEA and globally to ensure that cross-regional opportunities and multi-regional / global opportunities are appropriately managed

• Ensure all activities are managed within the appropriate risk, controls, and regulatory parameters of the bank

• Actively engage in the local marketplace, including industry and peer engagements to demonstrate strong market presence

What we are looking for

• Proven & extensive track record in Trade Finance and/or transaction services more broadly

• Excellent knowledge of the core Trade Finance product suite including traditional trade products, supply chain finance, trade receivables finance and Export Credit Agency finance

• Strong relationship management skills

• Strong communication skills, both written and verbal

• Background managing complex RFPs within a large global financial institution

• Background managing large Corporate clients

• Proven ability to sell Trade Finance products

• Deep knowledge of Trade Industry trends and regional specifics

• Customer centric approach while balancing risk, profitability and responsible growth

• Strong grasp of critical principles of risk management and compliance / anti-money laundering

• Comfortable interacting with senior management and strong presentation skills

• Ability to work in a high pressure, deadline orientated environment

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 fosters client interactions by engaging client representatives to obtain KYC information in a timely manner. Team acts as a stop gap for dealing with queries, issues and any other challenges related to client and country specific requirements whilst carving out a solution that ensures regulatory deadlines are not breached and the client is not impacted negatively.

Role Responsibilities

• COS will be assigned a portfolio of clients and tasked with the responsibility of managing the end-to-end process independently whilst completing cases in a timely manner.

• Act as primary client liaison ensuring requirements issued to them are concise, unambiguous, adequate and are communicated timely in line with prescribed SLA.

• Conduct document collection, flawless review of client documentation, providing timely client feedback and ensuring overall document submission To Ops partners merits a “first time pass”.

• Establish own governance routine that ensures risks are identified early whilst following established escalation protocols to mitigate any inherent risks.

• Raise process issues, gather client’s constructive feedback, and identify areas where improvements could be made to ensure better client experience.

• Partner and co-ordinate with relevant stakeholders in sales, COO, business controls, KYC support function, Operations team etc. to ensure smooth internal processing which in turn guarantees a happy client experience.

• Invest time and effort towards familiarizing with the policies and procedures thereby becoming an SME and benefiting from efficiency of scale.

• Monitor and understand risks and the impact of non-compliance with KYC processes/timelines has on client and sales as it relates to restrictions, closures and other associated business expansion.

• Review client’s profile to establish relevant activity, relationship and ownership whilst collaborating with sales in making relevant decision as to keep the relationship active or close.

• Ensures all performance metrics are adhered to and any exceptions are resolved within the required timeframe.

• Adhere to bank privacy policies in securing non-public information obtained as part of KYC activities.

• Ensures accuracy of data/status into the reporting tool is conducted real-time for management information and consumption.

• Support all other ad-hoc function that may be assigned by the team Manager.

What we are looking for

• At the minimum, a bachelor’s degree in relevant field or equivalent

• End-to-end KYC experience

• Previous experience in a client facing role within the financial services or a related industry.

• ACAMS certification is preferred

• Self-starter and strong ability to work independently with minimal supervision.

• Passion for managing and maintaining key relationships with relevant stakeholders.

• Problem solving and decision making. Thinking analytically, using diverse research skills and applying past experiences to problem solving.

• Ability to Identify process improvements and a willingness to work as a team player.

• Strong organizational skills, ability to manage competing priorities without compromise on quality and great attention to detail.

• Proficiency in the use of Microsoft office products, particularly PowerPoint and Excel.