About the Role
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 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 FX
- Investigating 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
Requirements
- 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.
Skills
- Equity Derivatives
- Mandatory and Voluntary Corporate Actions
- Swap and hedge positions
- Client relationship management
- Process improvement
- Risk monitoring
- Project management
- Communication skills
- Time management
- Excel
- VBA
- Python
Location
- London
Work Type
- Full-time
Experience Level
- Up to Assistant Vice President
Education Level
- Degree educated in Finance, Economics, Accounting, Mathematics, Statistics, Financial Engineering, Business, or another relevant discipline.
Benefits
- Private healthcare for you and your family
- Annual health screen
- Competitive pension plan
- Life assurance
- Group income protection cover
- 20 days of back-up childcare per annum
- 20 days of back-up adult care per annum
- Flexibility to change core benefits
- Option of selecting a variety of flexible benefits
- Access to a wellbeing account
- Travel insurance
- Critical illness cover
- Use of a flex fund
- Access to an emotional wellbeing helpline
- Virtual GP services
- Access to the Peppy App
- Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub
- Donation to charities of your choice directly through payroll with bank match
- Opportunity to volunteer in your local area
About the Company
- 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!
- 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 workspaces 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.
Equal Opportunity
- We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.
