Bank Of America Product Control Lead 

United Kingdom, England, City of Westminster 

643306420

Job Description:

Job Title:Product Control Lead

Corporate Title:VP / Director

The wider Equities - Prime Financing team comprises around 40 dedicated Product Controllers across our Chester and London locations who together support the broad array of businesses which make up this key component of our Equities markets franchise. The team range from newly graduated individuals starting their chartered accountancy qualifications through to fully Chartered accountants with up to 20 years of industry experience.

Responsibilities:

Key responsibilities as part of Global Markets CFO supporting EMEA Equities- Prime Financing as London Lead:

• Deputising for London based EMEA Prime Financing CFO and Chester based Swaps and Prime Product Leads and assisting in supporting, coaching and development of the broader Prime Financing team.

• Building strong local business engagement at a Business Head level to support all aspects of BFC:

  • Control oversight on new products and initiatives by Trading Desks

  • Working with Front Office to explain and challenge their P&L and Valuations metrics

  • Significant transaction reviews

  • Business initiative partnership

• Representing Prime Financing with senior stakeholders across Legal Entity Control, Accounting Policy, Enterprise Capital Management, Regulatory Reporting, Liquidity and Treasury

• Continuous focus on challenging and improving controls, processes, applications and data sources across the team.

• Lead role in supervisory review and governance processes and ownership of a range of SEC and Regulatory disclosures.

• Supporting the team in aspects of P&L and Balance Sheet substantiation and delivery of financial metrics regarding business performance to senior management.

• Collaborate across the team/s on projects and initiatives

• Production and monitoring of Daily and Monthly KPI’s

What we are looking for:

• Ability to review, debate and challenge “the work”

• Lead by example and set high controls standards for the team

• Strong analytical and communication skills (both written and verbal to senior stakeholders)

• Ability to respond appropriately to time-sensitive requests

• Professional Qualification preferable

• Exposure to Equity products

• Proven experience of providing process improvements

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.