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Bank of America

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Job Title: Global Collateral Operations Professional

LOB: Collateral Operations

Corporate Title: Vice President

Location: London

One of the world’s leading financial institutions, we have 66 million customers ranging from individuals to businesses to governments and we are committed to growing responsibly. We’ve been building meaningful connections in Europe, the Middle East and Africa for 90 years, and you’ll find our 200,000-strong workforce in more than 35 countries worldwide.

Here in our London office we are looking to recruit for a Global Collateral Operations Professional. You will act as an ambassador of the risk culture to partner the Collateral Operations LOB focusing on all aspects of Operational Risk and Control


  • Execution of risk items and operational events – partnering the LOB to identify and assess control gaps and ensure timely remediation of risks, including building out action plans and milestones
  • Supporting and partnering the LOB in risk routines (co-ordination of audit reviews, regulatory exams, RCSAs, control assessments etc.)
  • Deep dive risk reviews of existing BAU processes in response to incidents or in support of planned functional changes
  • Support the implementation of QA/QC processes
  • Managing risk items and events to meet enterprise-wide standards
  • Identifying, debating and escalating areas of potential risk or control improvements for remediation
  • Proactive promotion and improvement of the departmental operational risk and control framework and culture

Core skills

  • Extensive experience in financial operations. Preferably including Collateral Operations and/or Ops Risk and Control experience
  • Risk awareness and the ability to challenge the status quo and drive change by developing practical solutions to complex challenges
  • Ability to interact effectively with various internal and external stakeholders (Traders, Credit, Risk, Middle Office, Finance, IT, Regulators)
  • Excellent IT skillset (Excel, word)
  • High level of communication skills (written & Verbal)

We offer a competitive Salary and Benefits package.

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.

For more information on our commitment to ESG, visit about.bankofamerica.com

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

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

Posting Date: 13/09/2019

Location: 5 Paternoster Square - Warwick Court - United Kingdom

Full / Part-time: Full time

Hours Per Week: 35

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