Description
Finance Graduate
London
This role is responsible for monitoring Bank of America's positions for the purpose of regulatory shareholder reporting in all EMEA jurisdictions, including, but not limited to, Large Shareholder Reporting (LSR), Takeover Panel Reporting (ToP), Short Selling (SS) Reporting in appropriate jurisdictions, and responses to issuer requests where applicable. In addition, the team is responsible for monitoring firm holdings against regulatory hard limits, eg, in sensitive industries, for each jurisdiction. Failure to properly report or breaches of regulatory limits can lead to regulatory fines, sanctions, and loss of business opportunity.
Key Responsibilities:
- Perform daily monitoring and disclosure of positions held by the firm
- Take an active part in the sourcing and validation of data and functionality for the firm's new large shareholder and short selling databases.
- Close liaison with the Line of Business and Compliance officers to confirm positions and any other issues arising from the holding of stock in a timely manner.
- Prepare LSR, ToP, and SS disclosures as necessary.
- Liaise with compliance technology group on all matters of system enhancements.
- Engage in the analysis of new rules and regulations pertaining to the monitoring and reporting of holdings in equity as needed.
- Perform testing of shareholder reporting processes.
Required candidate skills/qualifications:
- Good knowledge of Financial Markets, Banking Industry and products.
- Demonstrate strong verbal and written communication skills.
- Previous experience of large shareholder reporting or significant exposure to equities products within a similar environment.
- The ability to work under pressure and within tight deadlines to a consistently high level of accuracy
- Show initiative and react quickly to changes in priorities with the ability to quickly learn new procedures.
- Strong technical skills ( ie Excel, MS Access and other similar applications) with experience in analysing, manipulating and reporting from large sets of structured data (eg books and records data)
- A clear and logical thought process with a propensity to question facts and data.