Emea Credit Controller - London, United Kingdom - Bank of America

Bank of America
Bank of America
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

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Tom O´Connor

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Description

Job Title:
EMEA Credit Controller

Corporate Title:
Assistant Vice President

Location:
London

Role Description:

  • A member of the EMEA Credit BFC team within London covering Financial control, P&L and balance sheet controls, valuation controls and regulatory and audit interactions
  • Performing the calculation and analysis of valuation controls including IPV, valuation adjustments and prudent valuation adjustments, as well as ownership for quarterly disclosures such as FAS157 and CCAR scenario reporting
  • Working with the GVG group to ensure ongoing review & enhancement of valuation control methodologies and practices. Ensuring procedure documents are accurate and up to date
  • Assisting in the streamlining and enhancement of all BFC processes and becoming actively involved with system development ranging from technical enhancements and new product releases to automation of existing processes
  • Leading business forecast routines and new product reviews
  • Engaging with the Accounting Policy Group to implement appropriate accounting policies and procedures
  • Contributing to governance process, operational error reporting and support of other internal control process, including SOX
  • Performing supervisory review over work performed by the product control team in India

The Team:


FICC Business Finance & Control forms part of the GBAM CFO Group and is a control and business advisory function to the business.

The team's work primarily covers P&L, balance sheet and valuation controls with a dynamic book of work providing opportunities to make improvements to our work through varied project work.

This role is supporting the EMEA Credit business, which is primarily market making in Credit Products such as CDS, Bonds and CDS Index within the EMEA and CEEMEA regions.

This team works closely with the trading desk, the global valuations group (GVG), market risk, legal entity controllers and many other support functions.


The team is also encouraged to take part in employee engagement and diversity and inclusion initiatives to help continue to make Bank of America a great place to work.


Key skills:

  • Applies Financial Accounting & Reporting Expertise
  • Applies Financial Analysis and Reasoning Skills
  • Demonstrates Accounting Knowledge
  • Demonstrates Financial Acumen
  • Preferably Qualified Accountant (ACA, ACCA, CIMA or equivalent) or CFA with good working knowledge of accounting concepts

Bank of America:


Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team.

A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.


In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank.

We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work.

Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success.

It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk.

Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.


Job Band:

H5


Shift:


Hours Per Week:

35


Weekly Schedule:


Referral Bonus Amount:

0
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