Regulatory Relations Specialist jobs at Bank Of America in United Kingdom, London

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:

Headquartered in Toronto, Canada, with more than 85,000 employees in offices around the world, The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD offers a full range of financial products and services more than 25 million customers worldwide through three key business lines:
• Canadian Retail including TD Canada Trust, Business Banking, TD Auto Finance (Canada), TD Wealth (Canada), TD Direct Investing and TD Insurance
• U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in TD Ameritrade
• Wholesale Banking including TD Securities

Department Overview

Job Description

The successful candidate will engage global clients in the Over-The-Counter (OTC) derivatives space to ensure regulatory compliance. The role requires the analysis and review of bank and client regulatory and legal trading documentation on a daily basis. The role will involve leading new regulatory strategic initiatives and implementation across clients and the Dealer in the region.

Principal Responsibilities
• Understand the current state of legislation, regulation, and guidance with respect to OTC derivative transactions globally including Canada, the US, the EU, the UK, Singapore. This candidate will be responsible for regulations in the region.
• Communicate OTC derivative regulatory requirements to clients and their legal representatives in a business-friendly manner in order to finalize regulatory documentation;
• Prepare and thoroughly review the necessary legal documentation requirements and disclosures to ensure the Dealer's regulatory obligations are met;
• Work with the trading desks to understand client needs and prioritize high value relationships;
• Ensure support is provided to trading desks in a timely manner across several time zones including UK, North America, Europe, and Asia;
• Explain the necessity and significance of OTC derivative regulations to internal and external stakeholders
• Develop a solid understanding of the Bank’s requirements in areas of global regulatory framework, credit and documentation;
• Review and analysis of new regulations impacting the Dealer, participate in working group for new strategic initiatives in regulatory documentation
• Review and analyze the Dealer's new and existing client base to ensure regulatory compliance on a day to day basis;
• Utilize technology to track and monitor workflow and updating databases with required information;
• Produce reports and status updates as required;
• Escalate issues proactively and in a timely manner;
• Be a reliable source of reference to internal business partners;

Job Requirements
• Law degree required
• Solid legal, trading documentation, capital markets experience or related experience.
• Understanding of Dodd-Frank, EMIR/UK EMIR and Canadian regulations in derivatives area and the global regulatory environment.
• The candidate for this position will enjoy working on documentation, be able to effectively apply legal and sound regulatory risk management principles.
• Excellent written and verbal communication skills.
• Self-motivated with the ability to work independently while understanding when to involve other team members as needed and to work effectively in a team environment.
• High degree of integrity and strong work ethic. Timely follow through on commitments. Promote best practices within department and execute assigned duties and enhance control over procedures.
• The candidate has the ability to work under tight deadlines and has the flexibility to support global time zones as required.

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.

Job Description:

Job Title:Employee Relations & Policy Director, Regulatory and Controls Europe and Asia Pacific

Job Level:L11 / Director

Human Resources

Reportsto:VP, Head of HR, Europe & APAC

Corporate Profile

• Canadian RetailincludingTD Canada Trust, Business Banking, TD Auto Finance (Canada), TD Wealth (Canada), TD Direct InvestingandTD Insurance
• U.S. Retailincluding TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in TD Ameritrade
• Wholesale Bankingincluding TD Securities

TD Securities offers a wide range of capital markets products and services to corporate,

government, and institutional clients who choose us for our innovation, execution,

and experience.

With more than 6,900 professionals operating out of 32 cities across the globe, we

help clients meet their needs today and prepare for tomorrow. Our services include

underwriting and distributing new issues, providing trusted advice and industry-leading

insight, extending access to global markets, and delivering integrated transaction

banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a

growing our strong, diversified investment bank.

to deliver value for our clients every day

Position Overview

You will serve as the primary point of contact for regulatory bodies and external auditors regarding TDS HR governance, compliance, and employee relations matters. Additionally, you will partner closely with HR Business Partners, Employee Relations, and the HR Advice COE in Canada, along with HR 1B, Legal, Compliance, Risk, and both internal and external counsel.

You will maintain productive relationships with the enterprise to plan and execute on the global mandate and business critical projects and initiatives. Effective stakeholder management is critical for this role as interaction with senior leaders including partnership with control function heads will be required.

Responsibility

• Acts as practice leader and/or top level expert within Employee Relations
• Serves as key contact and the subject matter expert within Employee Relations
• Oversees programs / services / issues that are highly complex, have wide scope / impact, and require broad business knowledge
• Investigates and/or oversees the investigation of employee relations cases such as whistleblowing cases, grievances, disciplinary actions and performance management
• Facilitation of conflict resolution
• Provide support and guidance in the review of Flexible Working Applications
• Ensure all employee relations activities comply with employment law and regulations
• Ensure alignment and adherence to HR policy and any exceptions are within risk appetite
• Work closely and effectively with HR partners and other specialized areas and share expert knowledge, provide advice and counsel to business management and Human Resources teams
• Ensure business partners and Human Resources are provided with high quality advice and support in relation to employee relations matters
• Identify employee relations training needs and design and facilitate workshops / training sessions to ensure that HR colleagues have the necessary skills and knowledge to deliver appropriate advice and guidance to business stakeholders
• Identify employee relations training needs and design and facilitate workshops and training sessions to develop line manager expertise and capability
• Train selected managers to act as hearing and investigatory managers for employee relations processes
• Ensure the implementation of employee relations recommendations in conjunction with HR Business Partners and business stakeholders
• Horizon scan to remain informed of changing employment law and consider the implications and propose strategies and solutions for TDS Europe and Asia Pacific to address employment changes
• Maintain effective external networks to remain informed about industry best practices and external trends
• Collaborate and engage with external resources such as Legal advisors when necessary
• Partner with HR colleagues to support and guide organisational change initiatives
• Understand the differing needs of business units / functions and adapt advice within overall strategy and policy and ensure an appropriate risk based approach and recommendations are within risk appetite
• Identify and escalate issues that have broad corporate implications / risks
• Contributes to special initiatives and projects by representing TDS Europe & Asia Pacific internally and externally, as a subject matter expert
• Monitors and communicates the effectiveness of strategies, programs, and practices related to Employee Relations
• Ensures integration of other areas of expertise in the development and delivery of programs and policies, as appropriate
• In partnership with appropriate HR practitioners, develops implementation strategies, anticipating HR issues beyond own area of expertise
• Manage key policy review – including but not limited to Whistleblowing, Privacy, Family Friendly, Time and Attendance – ensuring the Employee Handbooks across all locations are up to date and reflective of legislative requirements.
• Develop policies, procedures and practices that are aligned with overall Human Resources strategy
• Support with the operationalization of new policies, partnering with HR Operations and HR Business Partners as required.
• Review template documents including but not limited to offer letters, international assignment letters and settlement agreements.
• Create data analytics and analyse employee relations data to identify emerging themes and areas for improvement
• Ensure accurate data is recorded for all ER cases enabling visibility, trend analysis, reporting and insights

• 10+ yearsleadership experience in employee relations and HR governance within a highly regulated, multi-national organization (preferably within financial services, investment banking, or related industries).
• Demonstrated ability to work with internal and external legal counsel. Knowledge of the attorney-client privilege and what must be done to preserve the privilege in investigations.
• Proven track record of managing complex employee relations issues and leading HR investigations across multiple regions (Europe and Asia Pacific), ensuring compliance with local and global regulations.
• Strong understanding of regulatory frameworks (e.g., GDPR, SOX, SMCR) and the ability to manage governance and control functions within a matrixed organization.
• Exceptional interpersonal and communication skills, with the ability to influence senior leaders and manage sensitive employee relations matters with discretion.

• University degreein Human Resources, Law, or Business Administration required;
• Degree or certifications in employment law, employee relations, HR governance or compliance.
• 10+ Years of related experience

Executives promote

• Think like a customer; provide legendary experiences and trusted advice
• Act like an owner; lead with integrity to drive business results and contribute to communities
• Execute with speed and impact; only take risks we can understand and manage
• Innovate with purpose; simplify the way we work
• Develop our colleagues; embrace diversity and respect one another

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.

Job Description:

Job Title:Regulatory Reporting Controller II

Corporate Title:Vice President

Global Regulatory Reporting is part of Global Financial Control and is located in the US, UK, Ireland, France and India. The EMEA team for capital reporting currently consists of over 50 people in Europe and India and we are expanding the team. In addition to our regulatory deliverables, we are involved in various activities such as providing capital adequacy impact analysis to various Front Office groups on new products/transactions, client migrations and other strategic projects with the key stakeholders being GRR EMEA country heads, Griffin data ops, IT, front office traders, Data Management, Change Management.

Responsibilities:

This is a role in EMEA Regulatory Reporting team. The role will deepen your knowledge of financial products and provide a great opportunity to build knowledge of prudential regulation. Responsibilities include:

• FRTB - Involved in implementation of FRTB rule changes/updates for capital requirements and external reporting scheduled for 2026, including model and system testing and development of the reporting capabilities

• Preparing and reviewing the UK and EU capital calculations and reporting of 3 prudentially regulated entities. The team carries out all standardised and internal model RWA calculations and reporting across UK, France and Ireland

• Daily capital calculations/analysis - Review daily RWA calculations to be incorporated in the daily capital adequacy status sent out to senior managers to support management of UK and EU entities

• Business Partnering – Collaborate with Front Office, market risk, model developers and other groups on capital management and RWA efficiencies

• Stakeholder interaction - Deal with ad-hoc requests from external regulators and partnering and internal stakeholders such as Risk, Internal Audit and Compliance

• Issue management – leading the team in identifying and remediating process and other issues impacting the Capital Reporting process

• System development (BAU) – Initiation of technology change to support changing rules, and our continuing process to improve efficiency and controls. Review of business requirements, help with data sourcing and carry out UAT and post deployment testing

• System development (Strategic) – As a user help to define data/ calculation/reporting requirements for an in-flight infrastructure project including analysis tools.

• Helping to oversee the UK and EU capital calculations and reporting of 3 prudentially regulated entities

• External Regulatory Reporting and Disclosures – Produce the quarterly COREP and other disclosures including manual adjustments, reconciliations, period on period variance analysis for UK and EU entities, presenting these results to management

What we are looking for:

• Qualified Accountant, CFA or equivalent or a relevant degree or experience

• Experience in a prudential regulatory reporting function in an international financial institution

• Knowledge of the EU and UK regulatory framework, specifically on elements of FTRB market risk and/or CVA

• Experience in CoRep and Pillar 3 disclosures

• Understanding of basic Market risk management concepts (e.g., diversification, hedging, payoff profiles, etc.)

• Good product knowledge including payoff types and product features (KI/KO, structures, futures vs forwards, etc.)

• Basic understanding of market conventions, underlying’s, and impact of reference data on calculations

• Basic understanding of pricing models and impact on the calculation of FRTB/CVA inputs

• Ability to understand implications of regulatory requirements on technical implementation of the calculations

• Ability to perform risk drivers’ analysis and provide commentary on variance in capital requirements

• Ability to communicate clearly on technical topics with risk management and front office

• Control focused mentality

• Highly proficient in Excel, including the ability to work with large datasets

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.