GMI Next Gen Migration Technology Lead

Bank of America; Bromley; On-site; GBP 120,000 - 180,000; Full time

Job summary

Bank of America in Bromley is seeking a GMI Next Gen Migration Technology Lead to drive the replacement of the legacy Back Office platform. You will lead technology teams within the Cleared Derivatives and Collateral Technology group.

The role requires solid GMI experience, front-to-back Futures & Options clearing knowledge, and a proven ability to deliver large migration projects with vendor partners. You’ll ensure a scalable, compliant architecture and high SDLC standards.

Qualifications

• Solid experience of GMI knowledge.
• Futures & Options Clearing front to back knowledge.
• Experience leading technical delivery teams.
• Understanding of functional architectures within Clearing Technology space.
• Ability to work with vendor SMEs to develop technical architecture/solutions.

Responsibilities

• Provide direction to GMI Technology teams on migration.
• Plan and prioritize technology focused items with Programme Managers.
• Technically coordinate GMI migrations with other work streams.
• Ensure non-functional requirements are met in the new solution.
• Develop a clear, efficient and clean ecosystem architecture.
• Maintain the technology ecosystem around GMI and its replacement.
• Maintain the highest SDLC standards at all times.
• Be proactive, enthusiastic, and results-driven.

Skills

GMI knowledge

Futures Options

Clearing workflow

Vendor SMEs

Technical architecture

GMI migration

Tools

FIS

Job description

Job Description

Job Title: GMI Next Gen Migration Technology Lead Corporate Title: Up to Director Location: Bromley

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, recognising 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.

Location Overview

Join our bustling Bromley office, situated in one of London’s greenest boroughs. Here you’ll find plentiful and easy commuting routes, with central London just 15 minutes away by train.

The Team

The Cleared Derivatives and Collateral Technology group sits within the Global Markets Technology division. The group is responsible for the delivery of a wide range of technology solutions which support Middle and Back Office markets operations for the firm across Futures, Options and Cleared OTC products. You will be joining the Back Office (GMI) EMEA team within Cleared Derivatives and Collateral Technology. This is a long‑established team with experienced professionals which forms part of Cleared Derivatives Technology globally.

Role Description

The GMI Next Gen programme is looking to replace the current legacy Back Office platform and a Technology lead is required to drive the technology aspects of the migration programme.

Responsibilities

• Providing direction to GMI Technology teams working on the migration programme
• Working with Programme Managers to plan and prioritise technology focused items
• Technical co‑ordination of GMI Technology migration projects with other work streams within the overall programme
• Ensuring all non functional requirements are met in new solution
• Developing a clear, efficient and clean eco‑system architecture
• Maintaining a working eco‑system around GMI and its replacement platform at all times
• Maintain the highest technology SDLC standards at all times
• Attention to detail and accuracy are essential; must be pro‑active, enthusiastic, flexible, and results driven

What we are looking for

Solid experience of GMI knowledge Solid experience of Futures & Options Clearing front to back knowledge including client allocations, clearing workflow, Fees & Commissions, margins and Regulatory Reporting Experience leading technical delivery teams Good understanding of functional architectures within Clearing Technology space Ability to work with vendor SMEs to develop technical architecture/solutions Ability to work under pressure and remain focussed on targets to hit delivery dates Clear, logical thinker.

Skills that will help

• Prior experience of BofA GMI ecosystem strongly preferred
• Prior experience of large‑scale migration projects
• Prior experience of working with vendors on technology projects especially FIS

Benefits of working at Bank of America

Benefits of working at Bank of America: Ireland At Bank of America, we strive to prioritise employees’ health and wellness – it’s what makes us a Great Place to Work. 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. We offer 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, TaxSaver tickets etc. Access to an Employee Assistance Program for confidential support and help for everyday matters. 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 and the bank will match your contribution. Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of Ireland’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 judgement 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 gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio‑economic background, family status 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. At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi‑faceted approach for flexibility, depending on the various roles in our organisation. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Partnering Locally

Learn about some of the ways Bank of America is making a difference in the communities we serve.

Global Impact

Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates.

Opportunity and Inclusion

Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success.

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