Description
At Bank of America, you will play a critical role in ensuring compliance with regulatory reporting requirements as a GPS NFRR COE Report Owner. You will develop and maintain business requirements, procedures, and processes to ensure accurate, complete, and timely submission of regulatory reports.
Responsibilities:
- Ensure accurate, complete, and timely submission of NFRRs in conformance with regulatory instructions.
- Develop and maintain business requirements, procedures, and processes to ensure accuracy and efficiency of all regulatory reporting activities.
- Partner with risk function colleagues to identify, understand, and implement new regulatory reporting requirements.
- Collaborate with governance team on governance procedures, error escalation, and issue management process.
- Troubleshoot and drive the resolution of issues related to regulatory reporting.
- Participate in audit/regulatory exams/compliance assessments/key governance forums.
Requirements:
- University degree with 5+ years working experience in banking or finance industry.
- Proficiency in English and Korean languages.
- Good knowledge in Transaction Banking products offered by global financial institution.
- Excellent professional skills, including verbal and written communication, presentation, time management, and stakeholder management.
- Experience in interacting with regulatory agencies, internal audits, and/or reg exams.
- Demonstrate critical-thinking and problem-solving skills.
- Prior experience in Transaction Banking and knowledge in Tax regulations/reporting will be a plus.
- Proficiency in additional languages (e.g., Thai, Japanese, Mandarin, Bahasa Indonesia) will be a plus.