Trading Assistant
Bank of America
Trading Assistant
London, United Kingdom
**Job Description:**
**Job Title: Trading Assistant**
**Corporate Title: up to Vice President**
**Location: London**
**Company Overview**
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
**Location Overview**
Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.
**The Team:**
Team of Trading Assistants covering initial trade bookings across multiple asset class, across EMEA FX and Emerging Markets Trading business. Ensuring all trade capture is accurately reflected within Traders live risk engine. Furthermore, investigating all front to back enquires and executing all necessary trade amendments.
**Role Description:**
We are seeking an experienced Trading Assistantto cover multiple asset class trade bookings and amendments for FX and Emerging Markets Trading desks.Sitting on our trading floor, this role is well suited to a conscientious, hardworking, and motivated candidate seeking the opportunity to work closely with Global Markets Front Office and internal/external counterparties across multiple asset classes. This role is primarily responsible for supporting the desk with all trading activities with additional focus on regulatory obligations, product enablement and ad-hoc problem solving across a broad range of FICC products and markets.
**Responsibilities:**
+ Assists the front office with trade booking and ensures trades are captured accurately within front office risk systems.
+ Responsible for trade capture & validation, adhering to the necessary regulatory framework
+ Monitors and processes time sensitive requests relating to initial trade bookings and subsequent amendments.
+ Resolves risk and P&L issues in a timely manner in collaboration with front office teams
+ Addresses client issues in partnership with sales and client management teams
+ Develops cross-asset product knowledge.
+ Partners with existing teams globally to achieve the best in class risk and controls practices
**What we are looking for:**
+ Experience of working with Fixed Income derivative products, ranging across FX, Rates and Structured products, preferably from a Trading Support or other Front Office facing role
+ Working knowledge of current regulatory landscape (SFTR, MIFID2, CSDR)
+ Inquisitive and analytical mindset
+ Ability to prioritise multiple demands
+ Client Management
+ Economic trade amendment experience
+ Trade Monitoring
+ Proactive and diligent work ethic
**Skills that will help:**
+ Excellent Operational Risk awareness & understanding of the importance of robust internal controls
+ Ability to work diligently and independently, drive to ensure necessary work is completed to a high standard
+ Technology literacy: competent user of MS Excel, Bloomberg and standard industry platforms (e.g MarketWire, TradeWeb etc)
**Benefits of working at Bank of America –** **UK**
+ Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
+ Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
+ 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
+ The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc...
+ Use of a flex fund to use towards benefits
+ Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
+ Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
+ Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
+ Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area
**Bank of America**
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.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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, 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 "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
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 America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.
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