Equity Trade Control Analyst

Job Description:

Job Title:

Communications and Corporate

Title:

Up to Assistant Vice President

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. 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:

Based just a stone’s throw from the magnificent St. Paul’s Cathedral is our London MLFC office, on bustling King Edward Street. Here you will find modern work spaces and a state-of-the-art auditorium space. In addition, we are proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus that have been created with the planet in mind.

Make sure to take time for yourself and head up to our rooftop gardens and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.

Job Description:

This role requires an understanding of Equity Derivatives and experience managing mandatory and voluntary Corporate Actions within a trading or investment banking environment. The successful candidate will be degree educated in a relevant discipline such as Finance, Economics, Accounting, Mathematics, Statistics, Financial Engineering or a related field and will demonstrate the ability to work effectively with Front Office, Technology, Operations and external clients in a fast-paced, risk-controlled environment.

Responsibilities:

Corporate Action events processing (elections & bookings)
Client Swap allocations

Performing Lifecycle events on swaps

Client facing Follow the Sun extended client service for swap queries

Single Stock and Index dividend reconciliation vs hedges

Rate & price fixings

Process Dividend payments and FXInvestigating P&L discrepancies

Build robust operation controls in place for risk monitoring

Query resolution.

Projects enhancement outside day to day, constantly seeking process improvements and build strong relationship with Tech/FO/Operations and relevant stakeholders

Skills:

Demonstrated understanding of Equity Derivatives.

Processing Mandatory and Voluntary Corporate Action bookings on swap and hedge positions front to back.

Managing Voluntary Corporate Action event variation requests.

Query management with Front Office and clients.

Build and maintain effective client relationships.

Continuous improvement mindset with the ability to identify and implement process enhancements.

Build robust operational controls for risk monitoring.

Experience working on projects and process improvement initiatives in partnership with Technology, Front Office, Back Office and Operations stakeholders.

Strong written and verbal communication skills.

Ability to manage multiple deadlines and prioritise effectively.

Advanced Excel skills required; VBA and/or Python preferred.

Degree educated in Finance, Economics, Accounting, Mathematics, Statistics, Financial Engineering, Business, or another relevant discipline.

Benefits of working at Bank of AmericaUKPrivate 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…