Job Description:
Job Title: Data Support Manager
Corporate Title: Director
Location: London
Company Overview
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
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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.
Role Description
The Global Markets Data Management team is offering an exciting opportunity to join the global team, in this role you will establish, execute, and continuously improve the data quality framework and control processes underpinning Market Risk, this will include the Fundamental Review of the Trading book (FRTB) regulatory program and other strategic initiatives.
Global Markets Data Management is responsible for establishing and executing the data control framework for Global Markets with focus on Market Risk. The team works closely with other groups within Global Markets, Market Risk and the wider Risk organisation, Finance and Technology. The team also supports strategic initiatives and other projects aligned to data quality and control framework.
Responsibilities:
- Manage execution of time critical data quality controls by Global team, lead strategic efforts to remediate data quality issues keeping stakeholders accountable for remediation of data issues
- Establish, execute, and continuously improve the data quality framework and control processes under pinning Market Risk, including the Fundamental Review of the Trading book (FRTB) regulatory program and other strategic initiatives
- Identify opportunities and define solutions to continue to improve data quality and business processes within the Global Markets Data Management (GMDM) control framework
- Lead and drive enhancements to the Risk processes, ensuring adherence to regulatory policies, risk data aggregation standards, and enterprise-mandated standards
- Collaborate across Global Markets, Market Risk, Finance, PMO and Technology on Regulatory & Strategic Initiatives
What we're looking for:
- Experience in managing or leading a diverse team, ideally a control or data management function
- Strong analytical and problem-solving skills, critical thinking, and ability to present issues and ideas clearly
- Ability to work with large datasets using Excel or SQL
- Excellent communication both written and verbal, interpersonal, collaboration and organisational skills
- Ability to multitask and prioritise, work to tight deadlines in a diverse team spread across different geographical locations across the world.
- A flexible, hardworking and "can do" attitude, comfortable working in a fast-paced environment with frequent deliveries and rapidly changing priorities
- Understanding or experience of controls and their importance
- Knowledge in Global Markets financial products or Risk Management (VaR, Greeks, stress testing)
Skills that will help:
- Prior experience of FRTB Regulation
- Experience in Market Risk, or a control function including Operations or Business Analyst or Project management
- Advanced Excel/VBA skills or SQL or Python
- Degree in Computer Science, Finance, or a Quantitative field
- Experience in designing, testing, and implementing new data quality controls
- Writing business requirement documents and experience in writing and executing User Acceptance Testing scripts
Benefits of working at Bank of America - United Kingdom
- 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
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 dependants 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.