Bank of America

Regulatory Reporting Operations Professional

Bank of America

full-time

Posted on:

Location Type: Office

Location: New York City • New York • 🇺🇸 United States

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Salary

💰 $66,300 - $127,800 per year

Job Level

Mid-LevelSenior

Tech Stack

SQLTableau

About the role

  • Responsible for ensuring delivery of trusted, timely and secure information for the business.
  • Ensures compliance of enterprise data management standards and data quality and control practices for the authorized data source.
  • Leads remediation of any data control incidents in a timely manner.
  • Establish credible, collaborative and influential relationships with key regional stakeholders across Operations, Technology, FLU and Compliance.
  • Ensure smooth transition and cut over of the regional NFRR reports in target state including appropriate hand over and staff transfer.
  • Execution of controls for reports and administer reporting workflow.
  • Key contact for respective regulatory agency inquiries regarding filings and submissions.
  • Participate and represent the reporting function to control partners (e.g., Audit and Compliance).
  • Responsible for the identification, tracking, and remediation of data issues and control enhancements that impact the respective reports.
  • Partner with the NFRR Regulatory Interpretation team on all changes to regulatory requirements.
  • Partner with technology team in providing requirements and user acceptance testing (UAT). Identify strategic sourcing of data (via Authorized Data Source (ADS)) and enhance controls.
  • Assist with NFRR Report Onboarding which includes performing current state assessments, understand the effectiveness of controls, determination of process risks, and executing plans to incorporate the reporting process into the NFRR organization.

Requirements

  • Bachelor’s Degree with minimum 5+ years of Banking experience; Professional qualifications (e.g., ACA, ACCA, CIMA) preferred
  • Consumer, Risk/Compliance Operations and regulatory reporting experience
  • Data management tool experience (excel, SQL, Tableau, JIRA, etc.)
  • Ability to provide clear oral and written communication to business and technical audiences.
  • Regulatory Reporting and analytics experience within FLU/CF, Finance or Operations
  • Hands on approach with controls and process excellence mind set
  • Ability to influence and drive progress across key business partners
  • Ability to work independently and under pressure to meet regulatory submission deadlines
  • Ability to prioritize work and adapt to changing needs in a dynamic work environment
  • Self-starter, takes initiative and a driver of change
Benefits
  • industry-leading benefits
  • access to paid time off
  • resources and support to employees to make a genuine impact and contribute to the sustainable growth of the business and the communities served

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
data managementregulatory reportingdata qualitydata controluser acceptance testingprocess risk assessmentanalyticscontrols executionreporting workflowdata sourcing
Soft skills
communicationinfluencingcollaborationindependenceadaptabilityinitiativeproblem-solvingleadershiptime managementrelationship building
Certifications
Bachelor's DegreeACAACCACIMA
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