Job Description
Job Description:
Job Title: Global Mobility - Service Delivery Consultant
Corporate Title: Vice President
Location:Camberley
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. 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 organization.
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!
About the Team:
With presence in New York, Charlotte, London/Camberley and Hong Kong, the Global Mobility team partners with the Line of Business HR partners, as well as Finance, Corporate Tax, Compensation and Benefits, Pay Services Delivery, Legal and Talent Acquisition functions to ensure operational excellence and support to the bank’s mobile employees.
Role overview:
As part of the Global Mobility Team, you would be responsible for assisting employees who are relocating both within their Country and Internationally. Services include support with the entire relocation experience from the assistance with work visa/permits or other immigration-related documentation required in the country of arrival/ departure, to the relocation logistics and benefits including tax compliance program and advisory about working and living in another country.
Responsibilities:
• Managing EMEA immigration guidelines, visa processes, regional vendor management and issue escalations, as well as support regional/global immigration projects and processes with respect to changing regulatory environment and related risk and compliance requirements
• Supporting international secondments and transfers and advising on the implementation and optimization of the mobility policy
• Provide day to day support with BAU, including cost estimates and managing external relationships with providers.
• Provision of advisory support regarding tax related implications of mobility, including tax equalisation and treatment of trailing liabilities (e.g., departure cash bonus, equity and other deferred compensation)
• Provide program recommendations and guidance to LOB partners based on facts and business circumstances to enable decision making within the business.
• Facilitate due diligence with corporate functions and advise LOBs on assignment/transfer structure (e.g., social tax set-up, timing of transfer, tax residency status and impact of inter-company re-charges and taxation of trailing income)
• Act as primary point of contact for assignee and HR partners in designated business units during all the phases of the assignment life cycle
• Ensure that Global Mobility programs are administered in compliance with relevant legislative requirements.
• Counsel on immigration and tax considerations related to short-term assignments and frequent business travel.
What we are looking for:
• Experience in Global Mobility specifically with immigration within EMEA
• Experience in managing third party relocation vendors (immigration, tax, relocation services)
• Strong project management skills, with acute attention to details and the ability to prioritize work and meet deadlines.
• Excellent communication skills both verbal and written; ability to articulate complex concepts to a non-specialist audience.
Skills that would help:
• Highly organized and numerate and is comfortable with high-volume/ fast paced transactions.
• Proactive and focused on continuous improvement.
• International experience; accustomed to work in a global team across time zones.
• Proficient with Microsoft office products (Outlook, Excel, PowerPoint)
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 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 etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• 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 dependents 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 candidates to tell us about any adjustment requirements.