Job Title: Electronic Trading Governance and Controls Manager – EMEA EQ
Corporate Title: Up to Director
Location: London
The Platform and Electronic Trading Governance and Controls Team (ETGC) is a global team that reports to the Global Head of Electronic Trading. This team sits within the business and works alongside Electronic Trading Product Development and serves as the subject matter expert (SME) for all matters related to governance and controls. They are a key driver of business while maintaining a strong controls framework.
Key responsibilities
* Act as EMEA EQ lead and own EMEA Equities governance across algorithms, Direct Electronic Access (DEA), platforms, and trading venues.
* Lead approval and change governance processes (new, significant change, re‑approval). Ensure end‑to‑end governance coverage for all new launches, changes, and decommissions (algos, venue connectivity, platform changes).
* Apply and enforce the Electronic Trading Risk Framework, ensuring 1LOD accountability for effective risk management. Define and maintain controls, policies, and standards across the ET lifecycle (design, testing, deployment, monitoring).
* Oversee limit frameworks (inventory, calibration, periodic review) for algos, DEA, and platforms. Ensure real‑time monitoring, supervision, and issue escalation mechanisms are in place per ET risk taxonomy.
* Govern Internal trading platforms, External vendor platforms, Trading venue connectivity for EMEA EQ. Oversee access paths including onboarding, reviews, and periodic attestations.
* Act as primary SME for EQ MiFID II electronic trading obligations and related regional regulation (PRA/FCA). Lead responses to Regulators, Internal audit, 2LOD risk & compliance (ET compliance, market risk)
* Drive regulatory remediation programs (e.g., MRAs, thematic reviews) across EMEA EQ in alignment with global ETGC mandate.
* Partner across trading, technology, and control functions (1LOD–3LOD)
* Identify opportunities to centralize governance processes globally, improve efficiency and automation, enhance control effectiveness without impeding revenue generation
* Contribute to strategic initiatives such as governance tooling, workflow digitization, data standardization
Required Qualifications
* Demonstrated experience at Senior VP/entry level director level
* Prior experience in electronic trading, either in trading, product development or 2nd line risk/control function at a tier 1 bank
* EMEA EQ experience needed, technology experience preferred
* Understanding of Regulatory aspects: MiFID2, PRA, FCA
* Excellent communication skills
* Ability to navigate a diverse array of stakeholders across 1st, 2nd and 3rd LOD
* Strong team player
Benefits of working at Bank of America
* 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.
* 26‑weeks paid maternity leave, 16‑weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back‑up childcare including access to school holiday clubs 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, cycle to work etc.
* Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan.
* 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 program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
* Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
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.
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