Assistant Vice President

2 weeks ago

Chester, United Kingdom Bank of America Full time

**Job Title**:Assistant Vice President - EMEA Precious Metals Commodity Settlements

**LOB**:Global FCO & DCS

**Corporate Title**:Assistant Vice President

**Location**:Chester

The Global FCO & DCS teams, within the Bank of America, provide a range of services such as FICC trade control, Foreign Exchange (FX) electronic matching and settlement, Over the Counter (OTC) derivative confirmation and settlement, and Commodity Operations.

**Responsibilities will include but are not limited to**:

- Responsible for the settlement of physical precious metals and financial derivative trades for all indexes.
- Analyzing accounts receivable and payable ageing, working with counterparties, sales, traders, third parties and the confirmation team to resolve discrepancies.
- Maintain internal control processes and procedures within an operational aware and risk culture environment.
- Some industry regulatory reporting tasks
- Fully understand the front to back trade cycle process and add value by challenging the current “status quo” through idea generation and the potential implementation of process improvements to the existing settlement cycle, system infrastructure or control environment.
- Communicate updates and escalation to senior management.
- Involvement in projects and ad-hoc testing.
- Build and nurture relationships with applicable parties to include internal/external clients and third party service providers.
- To act as point of contact in manager’s absence, for department lead and other senior managers.

**Core Skills**:

- Excellent organizational skills - ability to switch between tasks and to prioritise work effectively.
- Effective communication skills - ability to run effective meetings and engage confidently with different stakeholders across the organization, building strong relationships with both internal and external clients, influence decisions and outcomes through effective communication.
- Ability to learn and drive own self development in a fast paced, high volume environment
- Logical approach to problem solving and a hunger for process improvement and adding value to the business.
- Analytical skills and excellent attention to detail and accuracy.
- Be competent with MS Office products: Word, Excel, PowerPoint and Outlook
- Good sense of judgment, knows when to escalate and how to manage expectations.
- Drives “Operational Excellence” - demonstrates a bias for action and a commitment to achieving sustainable results, holds self and others accountable for high performance standards
- Demonstrates and encourages collaboration, connection, and teamwork within and beyond his/her team

**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**:
0

**Weekly Schedule**:
**Referral Bonus Amount**:
0

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