Job Details

Equities Trading Compliance and Operational Risk Manager

Company name

Bank of America Corporation

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Jun 17,2019

Valid Through

Sep 30,2019

Posted on

May 30,2019

Years of Experience

Min 10 yrs required

Location

New York City, NY, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Corporate >> Corporate - Securities and Capital Markets
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Equities Trading Compliance and Operational Risk Manager
The candidate will take an active leadership role in maintaining and communicating regulatory changes, advising and directing business leaders to ensure that regulatory requirements are addressed in their respective process and controls so that their day-to-day activities operate in a compliant manner. Engage other COR officers, Enterprise Areas of Coverage roles, and horizontal function roles to provide oversight of Front Line Unit ("FLU") and CF activities. Develop and maintain relationships with key subject matter experts in Global Banking and Markets (institutional trading desks and operations), Merrill Lynch Wealth Management lines of business and control partners to facilitate timely responses to ISG Secondary Equities Trading Desks. Provide independent review and challenge of the Process, Risk and Control inventory (“PRC”). Identify aggregate, report and escalate compliance and operational risks, issues and control enhancements. Conduct and develop monitoring and testing the effectiveness of Secondary Equities Trading Desk and related product business and associated compliance and operational risk controls. Conduct compliance and operational risk assessments of the Secondary Equities Desk and associated control functions. Develop and administer policies and procedures unique to the Secondary Equities Desk as necessary. Participate in and facilitate necessary governance and management routines. Identify compliance training needs, provide subject matter expertise to support development of training curriculum, and inspect FLU/CF and third party participation. Assist business leaders in preparations for regulatory exams and audits for FLU/CF and related Enterprise Areas of Coverage. Escalate regulatory relations concerns to the C&OR Executive. Should have 10+ industry experience. Should have 2+ years’ experience in secondary equities trading coverage. Must have familiarity with capital markets, institutional or retail related equity trading facilitation , wealth management/broker-dealer model. Should have working knowledge of relevant FINRA, SEC (Securities Act, Exchange Act) regulations. Prior institutional trade desk compliance, trading (e.g., OTC, NMS, 144 restricted and prospectus shares), risk management, supervision or legal coverage experience a plus. JD or MBA a plus.

Additional info

ob number: 19037019

Company info

Hiring Coordinator
Bank of America Corporation
318 Grand St
New York City, NY 10002

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