Job Description:

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, recognizing 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. Join us!
 

Job Description:
This job is responsible for reviewing regulatory returns for locally regulated legal entities including broker dealers, swap dealers and other legal entities. Key responsibilities include overseeing and performing control processes and variance analysis, reviewing and preparing data submissions, and supporting change initiatives. Job expectations include preparing and analyzing financial reports, issue resolution (including data, process and system), performing risk analysis, working with a team and communicating effectively.

Responsibilities:

• Perform key controls, analyze and validate large quantities of data, proactively manage issues, and review reports prior to filing with the Federal Reserve, OCC, FDIC, and other regulators.
• Provide supervision and subject matter expertise for quality assurance reviews, audits, governance routines, and other ad hoc activities across the Global Regulatory Reporting department.
• Establish work relationships with data owners across multiple lines of business to validate understanding of reporting requirements for the FR Y-14Q, FR Y-9C, and FFIEC 031 reports.
• Drive identification, remediation, monitoring, and escalation of data issues for the Global Regulatory Reporting department as well as partner with Technology and Data Management Teams to drive improvements in data quality.
• Remote work may be permitted within a commutable distance from the worksite.

Required Skills & Experience:

• Bachelor's degree or equivalent in Business Administration, Accounting, Economics, Finance, or related: and
• 6 years of progressively responsible experience in the job offered or a related Finance occupation.
• Must include 6 years of experience in each of the following:
• Utilizing strong understanding of banking products to apply analytical, critical thinking, and problem solving capabilities to the analysis and review of financial regulatory reports prior to submission to regulators;
• Applying strong technical accounting skills and knowledge to drive identification, remediation, monitoring and escalation of issues impacting regulatory reporting;
• Leveraging deep knowledge of regulatory reporting instructions to validate conformance with requirements and perform an effective challenge of the accuracy of reported data; and,
• Effectively managing multiple priorities while working both independently and as part of a team responsible for producing financial regulatory reports.
• In the alternative, the employer will accept a Master's degree and 4 years of experience.

If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.

EMPLOYER:       Bank of America N.A.

Shift:

1st shift (United States of America)

Hours Per Week: 

40