Regulatory Reporting Operations Professional

At Bank of America, you will be guided by a common purpose to help make financial lives better through the power of every connection.

This job is responsible for providing analysis for one or more operations product areas in the delivery of moderately complex regulatory reporting and/or regulatory processing.

The Regulatory Reporting Operations Professional is part of the Enterprise Position Monitoring and Disclosure team and is responsible for position monitoring and preparation of non-financial regulatory disclosures under the relevant regulatory reporting laws across multiple regimes.

Responsibilities:

• Delivers highly complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, quality, and timeliness.
• Defines and executes control practices, including compliance with all regulatory and policy requirements, including data quality standards.
• Ensures that key risks, performance indicators, and desktop procedures are fully documented, in line with enterprise standards, reviewed on a regular basis and challenged and escalated where necessary.
• Responds to inquiries from regulatory agencies and internal control partners, and provides reporting, as needed.
• Establishes credible, collaborative and influential relationships with key senior stakeholders, including FLU and Front Office partners.
• Identifies, tracks, and remediates errors, breaches, data issues and control enhancements that impact the respective reports.
• Coordinates the partnership with upstream process owners and data providers to improve data quality of regulatory reports, and with Non Financial Regulatory Reporting Interpretation and Technology teams to review and maintain data dictionaries for completeness of business requirements and ensure completeness of all operational and reporting requirements.

Requirements:

• Experience in Equity Aggregation monitoring and disclosures.
• Strong knowledge of financial markets, banking industry, equities and derivative products.
• High level understanding of global markets and wealth management business divisions.
• Strong technical and data analytical skills.
• Able to produce accurate work output and reports under tight deadlines.
• Communicates effectively in both oral and written formats and tailors message appropriately to audience.
• Demonstrated intellectual curiosity and operational excellence experience.
• Able to think critically to quickly analyze and resolve issues.
• Influences and delivers results through collaborative relationship with key partners and stakeholders.
• Works independently to prioritize work and deliver against regulatory deadlines and a dynamic environment.
• Able to demonstrate a high level of integrity with a mature approach to work.
• Discrete when handling confidential information.

Desired Skills:

• Regulatory reporting experience.