Bank of America Managing Director – Global Markets COO / Product COO in New York, New York
The Product COO organization is primarily responsible for partnering with FICC management and LOB heads to define and implement business strategy . Product COO also works within GBAM COO to define and implement COO organization strategy, deliver on FICC-wide projects (e.g., regulatory, audit, etc.), and to ensure compliance with enterprise requirements.
The COO organization partners with senior sales, trading and banking, all support and control organizations, including enterprise functions and COO colleagues to ensure implementation of strategy as well as the effective and efficient operation of the business on an ongoing basis. A key facet of this is responsibility for efficiently executing initiatives through cost-benefit analysis, prioritizing, designing the solution and removing bottlenecks. FICC COO is actively involved in all facets of business operations other than actively trading, selling and structuring/origination. This group works with central and enterprise functions to drive initiatives and enable new business, products, transactions and enterprise mandated requirements in a controlled and timely manner. This group is instrumental in developing and administering many governance activities for the LOB.
Key Responsibilities / Areas of focus:
Business Strategy and Financial Performance: planning and strategy development, expense analysis, management and control, business planning and presentations
Business and Platform Management: people and process management, business head representation, execution of LOB and enterprise business initiatives, business and operational infrastructure, legal entity management
New Products and Strategies and Transaction Management: Involvement in transaction approvals, management of approvals process, facilitate the definition of strategy and new product ideas and viability
Controls and Governance: Development of new policies, procedures and controls, chairing governance routines, business specific regulatory compliance, regulator interaction and presentations
Other Business Functions and External Interactions: supervision of Administrative Assistants, managing in business risk teams, Serving on Board of Directors or operating committees of BAML legal entities, communication/coordinate market utilities, coordinate periodic reviews, agreements, and new service for electronic trading platforms and related data, etc. – As needed.
Broad product and operational knowledge and industry experience
Ability to communicate, influence, and project manage
Key communication skills include translating front office needs into an executable plan and then delivering on the plan. Also includes translating COO, Support, Regulatory, etc. demands on the business into digestible front-office actions.
- Ability to combine product, market, regulatory, infrastructure and enterprise knowledge to facilitate LOB and enterprise objectives
Posting Date : 03/12/2018
New York, NY, BANK OF AMERICA TOWER, ONE BRYANT PARK,
- United States
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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