דרושים Equity Swaps Client Service ב-Bank Of America ב-United Kingdom, London

Job Title:Attorney - Equity Derivatives

London

Vice President & Assistant General Counsel

The Team:

• EMEA Equities Legal is a team of 31 lawyers with 30 FTE located in London and 1 FTE in Paris
• Issuance Platforms Legal is a sub-set of this team comprised of 7 lawyers
• Platforms Legal team is a highly collaborative team with a professional working relationship, as demonstrated by the low turnover rate
• The team works closely with the Equities, Fixed Income, Credit and Commodities businesses, as their trusted advisors who work in partnership with the line of business in furtherance of achieving its goals
• Cumulatively the team has a vast amount of experience and are well placed to provide ongoing support and training, with senior members actively identifying development opportunities for more junior team members
• More broadly, the Global Markets Legal team have an internal mentoring program, connecting senior leaders across the legal department with teammates across all regions. In addition, the BofA Legal Department has an external mentoring program with its key magic circle law firms, helping to develop and support diverse lawyers and in furtherance of a creating a legal profession which represents the diversity of our communities.

Responsibilities:

• Providing legal support for the equities, fixed Income and commodities businesses in EMEA, US and LatAm in structuring and documenting securitised derivatives transactions
• The drafting of legal documentation for structured note, certificate and warrant transactions linked to equities, fixed income, credit and commodities and for reviewing term sheets for these products’ pre-trade
• Advising and assisting the securitised products business on a day-to-day basis and managing the execution process for all legal and listing documentation required for trades
• Reviewing internal policies and procedures in the light of regulation affecting structured products and advising on distribution, confidentiality, and similar arrangements
• Advise and assist the structured notes business on a day-to-day basis

What we are looking for:

• Candidates need an excellent understanding of rules and requirements for both institutional and retail offerings across the EU and in the EMEA and LatAm regions generally, and knowledge of relevant market practice in this area
• Manage the execution process for all legal and listing documentation required for issuances
• The candidate will have previous experience of drafting and negotiating legal documentation for products issued under structured issuance programmes linked to complex underlying’s including equities, fixed income, commodities, and credit
• Have a broad knowledge of relevant financial law and regulation in so far as it affects securitised products - e.g. MIFID II, Prospectus Regulation, PRIIPs. The candidate should also have a broad understanding of U.S. securities laws and exemptions and their practical application in this area
• It is essential that candidates have the ability to manage a high volume of transactions within tight deadlines
• An excellent attention to detail and accuracy in drafting is a key requirement

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:Attorney - Equity Derivatives

Vice President & Assistant General Counsel

The Team:

• EMEA Equities Legal is a team of 31 lawyers with 30 FTE located in London and 1 FTE in Paris

• Issuance Platforms Legal is a sub-set of this team comprised of 7 lawyers

• Platforms Legal team is a highly collaborative team with a professional working relationship, as demonstrated by the low turnover rate

• The team works closely with the Equities, Fixed Income, Credit and Commodities businesses, as their trusted advisors who work in partnership with the line of business in furtherance of achieving its goals

• Cumulatively the team has a vast amount of experience and are well placed to provide ongoing support and training, with senior members actively identifying development opportunities for more junior team members

• More broadly, the Global Markets Legal team have an internal mentoring program, connecting senior leaders across the legal department with teammates across all regions. In addition, the BofA Legal Department has an external mentoring program with its key magic circle law firms, helping to develop and support diverse lawyers and in furtherance of a creating a legal profession which represents the diversity of our communities.

Responsibilities:

• Providing legal support for the equities, fixed Income and commodities businesses in EMEA, US and LatAm in structuring and documenting securitised derivatives transactions

• The drafting of legal documentation for structured note, certificate and warrant transactions linked to equities, fixed income, credit and commodities and for reviewing term sheets for these products’ pre-trade

• Advising and assisting the securitised products business on a day-to-day basis and managing the execution process for all legal and listing documentation required for trades

• Reviewing internal policies and procedures in the light of regulation affecting structured products and advising on distribution, confidentiality, and similar arrangements

• Advise and assist the structured notes business on a day-to-day basis

What we are looking for:

• Candidates need an excellent understanding of rules and requirements for both institutional and retail offerings across the EU and in the EMEA and LatAm regions generally, and knowledge of relevant market practice in this area

• Manage the execution process for all legal and listing documentation required for issuances

• The candidate will have previous experience of drafting and negotiating legal documentation for products issued under structured issuance programmes linked to complex underlying’s including equities, fixed income, commodities, and credit

• Have a broad knowledge of relevant financial law and regulation in so far as it affects securitised products - e.g. MIFID II, Prospectus Regulation, PRIIPs. The candidate should also have a broad understanding of U.S. securities laws and exemptions and their practical application in this area

• It is essential that candidates have the ability to manage a high volume of transactions within tight deadlines

• An excellent attention to detail and accuracy in drafting is a key requirement

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

This job is responsible for conducting day-to-day activities to support business and clients globally by developing a deep understanding of the organization and services offered to resolve complex client inquiries. Key responsibilities include onboarding, servicing and offboarding clients, opening, maintaining, and reconciling account information. Job expectations include ensuring all activities are performed with a high degree of accuracy and comply with all regulations and policies while driving solutions that best meet our clients’ needs.

Responsibilities:

• Improves and simplifies the client experience, reducing manual touchpoints

• Ensures transactions are completed in an accurate and timely manner, managing escalations as needed

• Supports the preparation of frequent reports and other measures of data

• Drives operational initiatives both internally across the organization and with clients to drive efficiencies, increase revenues and reduce risk

• Identifies and flags potential risks in a timely manner

Essential Skills

• Experience in Equity Swaps within a Prime Brokerage or Middle Office/Trade Support environment
• Excellent communication skills – both written and verbal
• Good client service ethic, with prior experience working in a client facing environment
• Ability to manage multiple deadlines and prioritise effectively
• Skills in Excel required (VBA / Python 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 virtual tutoring 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

• Use of a flex fund to use towards benefits

• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services

• 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 programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions

• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

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

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the .

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.

Equity Derivatives Quant, Vice President

Vice President

Responsibilities

• Working on a wide range of projects including improving our fundamental pricing models

• Developing tools to help identifying trading opportunities and improve the risk management of the books

• Enhancing complex autopricing algorithms used be the firm

Skills

• Candidates educated at Master or PhD level in a STEM subject.

• 2 to 10 years in a quant role in derivatives preferably in Equity Derivatives, with both a theoretical and practical understanding of Local Volatility, Stochastic Volatility, Correlation, Dividend modelling

• Theoretical and practical understanding of numerical methods, including Finite Difference method for PDEs, Bermudan Monte-Carlo

• Products expertise desirable in Equity autocallables, issuer callables, volatility target and variance derivatives

• Experience of implementing models and analytics in C++ and Python in a production quantitative library

• Proven track record of delivering robust, scalable and rigorously tested implementations in a dynamic environment

• Excellent written and oral communication skills.

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

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the .

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.