Capital Management – Finance Manager

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Bank of America Merrill Lynch
  • 21 Aug 18 2018-08-21

Capital Management – Finance Manager

Job Description:
Corporate Title: Director
Location: London
Line of Business: Treasury

Want to join a high profile role within the Bank? Want exposure to senior EMEA Management where you can build dedicated relationships?

International Capital Management and Advocacy is an international function within the treasury Group, responsible for ensuring efficient and dedicated management of regulatory capital. You will join the Legal entity capital management team, to manage capital management initiatives. The team works closely with the key partners within EMEA and Internationally including US, and requires solid working relationships across all ranks and functions to operate effectively.

What will your responsibilities include?

  • Building and supporting the strategic management of legal entity capital across International, with specific focus on EMEA
  • Lead Programme of new regulations in the international region, with specific emphasis on EMEA regulations
  • This includes overall project management of CRR2/CRDV
  • Building an appropriate governance CRR2/CRDV framework including chairing CRR2/CRDV working group
  • Where required provide interpretation and rules based mentorship for new and existing regulations
  • Prepare business requirement documents for each new regulatory change
  • Review test results and handle the compliance process
  • Communication and training of the new regulations
  • Support the preparation of the materials for various Board or Board delegated committee, management meetings and senior management Supporting overall capital management initiatives as scoped within EMEA or from the US, this includes capital optimisation programmes, for example IMM and IRB
  • Monitor and handle communication prudential regulation updates for in-scope BAC entities

What skills/competencies will you possess?

Skills:
  • Good general project management skills (for example, ability to help partners meet deadlines)
  • Good written and verbal communication and presentation skills
  • Ability to develop effective presentations and reports in PowerPoint
  • Ability to produce reports using Word and be comfortable performing calculations and aggregate data using Excel
  • Good organisational skills and ability to prioritise & run multiple tasks
  • The need to raise in a timely manner and ensure adequate resolution of issues
  • A deep understanding and practical application of CRR rules and future regulatory changes (CRR2/CRDV,Basel) and oversight of supervisory governance approaches in EMEA preferred
  • Knowledge of market risk, credit risk, operational risk

Competencies:
  • Dedicated in every approach and the ability to work under stress in a dynamic environment
  • Flexibility - can adapt to changing environments and priorities
  • Adapting your behaviour to build relationships with a wide range of people at different levels
  • You will need to be highly persuasive to get the information at the right time
  • Monitoring progress against objectives/deliverables and responding to unforeseen events

About Bank of America Merrill Lynch

Bank of America is one of the world's leading financial institutions, serving individual consumers, small- and middle-market businesses, large corporations and governments with a full range of financial and risk management products and services. Bank of America Merrill Lynch is the marketing name for the global banking and markets businesses.

The company has had a presence in EMEA since 1922. With offices in 23 countries on three continents, it offers an integrated and comprehensive set of products and services across Global Corporate and Investment Banking, Global Markets and Consumer Card, serving the needs of individual, corporate, institutional and government clients, combining the best of local knowledge and global expertise. Developing solutions for social and environmental challenges is at the core of Bank of America Merrill Lynch's responsibility platform. In more than 90 countries around the world, we partner with employees, clients and stakeholders to help make financial lives better.

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As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.