Transaction Reporting & Remediation Analyst

Job Description:

Job Title:
Transaction Reporting & Remediation Analyst

Corporate

Title:

Vice President

Location:

Chester or Bromley

Overview:

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!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

Role description:

We are seeking a motivated and analytical individual to join our Regulatory Reporting Operations team.

The successful candidate will support the investigation and remediation of transaction reporting issues, working with colleagues across Operations, Technology, Compliance and Risk to help ensure reporting obligations are met accurately and on time.

This is an excellent opportunity for someone looking to develop their knowledge of regulatory reporting, controls and financial markets within a highly regulated environment. The role requires strong analytical skills, attention to detail, intellectual curiosity, and the confidence to ask questions and challenge where appropriate.

Responsibilities:

• Support the investigation and resolution of operational and reporting issues.
• Assist with data quality reviews and help identify areas for improvement.
• Support remediation activities and process improvement initiatives.
• Help maintain effective controls and follow established procedures.
• Work with colleagues across different teams to resolve issues and support reporting requirements.
• Contribute to governance and control activities to help ensure regulatory obligations are met.

• Experience in Financial Services, Banking Operations, Risk, Compliance, Controls, Regulatory Reporting or a similar environment.
• An interest in financial markets, regulatory requirements and operational controls.
• Some understanding of regulatory or transaction reporting would be beneficial.
• Exposure to issue investigation, process improvement or operational support activities would be advantageous.
• Experience working with data, reporting or resolving operational issues would be beneficial.
• Familiarity with regulations such as EMIR, MiFID II or SFTR would be helpful, but not essential.
• Strong attention to detail with good analytical and problem-solving skills.
• Good communication skills and the ability to work effectively within a team.

Benefits of working at Bank of America: UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• 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…