Director, Global Markets E-Trading Business Controls (Syracuse)

Bank of America in Syracuse, NY

  • Industry: Financial Services - Banking/Investment/Finance - Financial Analyst/Examiner
  • Type: Full Time
  • $149,173.33 - 194,070.00
position filled

Director, Global Markets E-Trading Business Controls

This individual will be responsible for developing and executing the Business Controls framework for Electronic Trading (E-Trading) across the Global Markets FICC and Equities lines of business for the AMRS (US, Canada, Latin America) and EMEA (Europe, Middle East, Africa) regions. This includes creating, enhancing and overseeing the e- trading controls and processes that form the basis of the business operating environment. The role will ensure that the e-tradingbusiness is in compliance with applicable with local laws, rules and regulations and is also implementing industry best practices. The individual will partner closely with the E-Trading Desks, E-Trading Risk Management, COO and other support functions (e.g., Compliance, Operational Risk, Technology, etc.) in this effort.

The candidate will need to have an understanding of e-trading forFICC and Equities products and experience in executing strategic concepts from inception to implementation. The ideal candidate should have strong communication, analytical, technical, data and project management skills with previous exposure to Front Office, Middle Office/Trade Control and/or Compliance. Additionally, the candidate should have the capability to navigate the overall enterprise and leverage the formal and informal organizational structure to access information, influence decision-making, and achieve results effectively.

Position Description:

  • Ensure consistent e-trading controls across Global Markets Lines of Business
  • Represent Business Controls at e-trading governance meetings, including providing first line challenge
  • Developing framework and processes to review and monitor e-trading client-based supervisory surveillance alerts; Formalize and integrate existing self-run daily supervisory e-trading reporting used for monitoring the business into the framework
  • Work with the E-Trading Desk heads to prioritize and remediate control or supervisory related issues and requests from E-Trading Risk Management, Audit, Model Risk Management, and Compliance
  • Maintaining e-trading awareness of key regulatory focus areas, including creation of Written Supervisory Procedures (WSPs) and updating through changing environments
  • Proactively prepare for and participate in audit and regulatory examinations, including creating and presenting documentation of controls and supervisory processes to audit and regulators


  • Minimum 5 years of experience in an Electronic Trading-related role, with significant experience in Front Office Controls
  • Strong technical and analytical skills
  • Ability to make recommendations and provide guidance to effectively advance projects across a globally integrated enterprise
  • Excellent verbal and written communication skills with knowledge of and proficiency in the use of systems, technology and case management terminology, and the ability to translate technical terms into plain English
  • Partnering - Ability to build broad-based business relationships
  • Self-motivated, operates with a sense of urgency and strong attention to detail
  • Ability to multi-task and prioritize work in a deadline-intensive environment
  • Strong MS Word, Excel and PowerPoint skills
  • Related regulatory experience or knowledge of electronic trading related laws, rules, or regulations (e.g., 15c3-5, MiFiD II RTS 6)
  • Self-starter with the ability to identify an issue, initiate a solution, and see it through to completion
  • Effective presentation skills including the ability to explain results of complex analysis at a level that resonates across many different audiences
  • Comprehensive understanding of FICC and Equity products
  • Series 7 and 24 licenses preferred for US-based role (Candidates without Series 7 and 24 will be asked to obtain these licenses in a reasonable amount of time)

Enterprise Job Description

Oversee supervisory controls for a line of business or region. Enhance, design, implement and provide ongoing oversight to front-office supervisory programs. Serve as subject matter expert on supervision structure, risk controls and policy implementation. Partner closely with senior management, Compliance and other control partners to develop strategies, tools and reporting capabilities to strengthen current processes associated with supervision and control. Work with Compliance and Legal, as appropriate to update policies and procedures to reflect changes in regulatory rules. As appropriate, assume formal delegations of supervisory responsibilities on behalf of the line of business. Requires a qualified registered principal (as defined by regulatory bodies), a deep understanding of the business units products, services and processes, extensive industry experience, and strong analytical, communication and management skills.

Located in midtown Manhattan, were right across from Bryant Park and a short walk to Times Square, Broadway theaters, Grand Central Station, excellent shops and world-class restaurants.

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

To view the "EEO is the Law" poster, CLICK HERE .
To view the "EEO is the Law" Supplement, CLICK HERE .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE .

Associated topics: analysis, analyst, business finance, business intelligence, consult, financial reporting analyst, government, investment fund, market, refine

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