Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location Overview:

Our London office is based just a stone's throw from the magnificent St. Paul's Cathedral on bustling King Edward Street. Here you'll find modern workspaces and a state-of-the-art auditorium space. In addition, we're proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Team:

This is a great opportunity to work within a collaborative and diverse team, covering Global Markets, with teammates in New York, Paris and APAC.

About the role:

This role will use expertise gained auditing Global Markets or closely related areas (i.e. market risk management, product control or GM specific compliance or business controls) to execute audit work with a focus on FICC or Equities front line units. This experience may not come from a traditional audit background, but rather from transferrable skills from a first- or second-line function associated with Sales and Trading desks. This role will build on a good working knowledge of the functions of a market making, or debt origination and lending linked to GM products (e.g. securitization markets), for example, while working in a trading capacity, as part of a risk management function, or as a Global Markets product controller or GM Finance role.

Responsibilities:

• Responsible for executing multiple areas of test work during audit activities.
• Use analytical skills and/or technical expertise to execute assigned audit testing responsibilities and identify opportunities to automate testing or create continuous monitoring.
• Independently execute audit test work on assigned audits in a timely manner and with high quality.
• Identify control deficiencies, discusses with line management and initiates control matter recommendations in assigned test areas.
• Demonstrate project management skills.
• Raise issues and concerns and make recommendations for severity ratings.
• Assess issues for impact to business processes, controls and strategies; recommends severity ratings and escalation of broad themes or trends, engages in discussions about risk and demonstrates business knowledge.
• Establish business partner relationships; primary engagement is with line management.
• Exercise critical thinking and judgment to effectively influence management to improve the control environment.
• Strive to improve processes
• Supports employee development efforts, teamwork and a positive and inclusive work environment.

Required Skills and Experience:

• Experience in Audit, Risk, Business Control, Compliance, Finance.
• Ability to plan, execute and evaluate audit test plans within a risk based audit methodology.
• Sound organizational, analytical, oral, and written communication skills.
• Ability to successfully communicate to influence management and lead change in both strategic and tactical initiatives.
• Self-starter, desire to learn able to teach others, positive attitude, exhibits flexibility and intellectual curiosity.
• Strong analytical skills. Ability to analyze large amounts of data and turn it into usable information.
• Ability to work in a very detailed manner as well as to look broadly across a population and develop connections and themes identifying risk and concerns.
• Ability to juggle multiple work efforts and to quickly change direction, as needed.
• Proficiency in Microsoft Office Products
• Ability to converse with management on all levels.
• Excellent written and oral communication skills, ability to converse with management on all levels.
• Bachelor's degree or relevant experience

Skills that would help:

• Familiarity with Global Markets lines of business, including trading and hedging strategies, supervisory procedures, P&L attribution, risk management, operational processes and regulatory landscape.
• Audit or risk control risk/controls background in financial services
• CPA professional designation.

Benefits of working at Bank of America:

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.

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependents or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

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