Vice President, Compliance Officer – Equities, Global Risk recruitment
Overview
Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
Responsibilities
- Providing day-to-day compliance advisory services to the Equities business regarding the Firm's policy, relevant regulatory requirements, and industry best practice
- Advising business on new rules and regulations which affect their business
- Coordinate with different teams to ensure the appropriate controls, policies and procedures are in place for current and new businesses
- Identify and resolve any compliance risks attached to the Equities business
- Deal with ad hoc compliance issues and provide support to both front office and back office staff;
- Investigate and handle investigations as well as handle regulatory inquiries, examinations and audits
- Analyze surveillance reports and conduct investigations when necessary
Requirements
- Good knowledge of regulatory and compliance requirements, especially those related to Cash Equities
- Possess at least 5 years of relevant Compliance experience gained within a global investment bank, preferably with a focus on Cash Equities products.
- Experience in working closely with country compliance coverage to deal with equities issues.
- Good analysis and interpersonal skills to evaluate difficult subject matter and advise the business appropriately
- Ability to work independently