Regulatory Reporting Industry Engagement & Advocacy Lead

Job Description:

Job Title:

Regulatory Reporting Industry Engagement & Advocacy Lead Corporate

Title:

Up to Director

Location:

London Company 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!

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern work spaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London.

Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

The Regulatory Reporting Industry Engagement & Advocacy Lead is responsible for representing the firm's interests within key industry forums and working groups, influencing non-financial regulatory reporting standards, and ensuring that industry developments are effectively communicated and assessed across the organization.

The role serves as a subject matter expert (SME) on regulatory reporting obligations and partners closely with internal stakeholders to support compliance, policy interpretation, and strategic regulatory change initiatives.

This role will be inclusive of working with the following stakeholders:
Change Management, Trade Reporting Control Group (TRCG), Global Compliance and Operational Risk (GCOR), Legal, Operations, Technology, Business Representatives, Industry Trade Associations and Working Groups and Regulatory Bodies and Market Infrastructure Providers

• Actively participate in industry working groups and regulatory forums, representing the organization's interests and articulating the firm's position on regulatory reporting-related matters.
• Build and maintain relationships with industry participants, trade associations, regulators, and market infrastructure providers to stay informed of emerging regulatory developments and industry practices.
• Understand BofA position on regulatory interpretations to influence industry-led decisions in order to minimize impact on BofA/protect BofA interests.
• Contribute to discussions, consultations, and advocacy efforts within key industry groups, including but not limited to:
  ISDA EMEA Data & Reporting Working Group, ISDA US Data & Reporting Working Group, ISDA MiFID Implementation and Advocacy Steering Group, ISDA APAC Regulatory Reporting working group, Global Foreign Exchange Division (GFXD), UK Finance Reporting Working Group, DTCC Working Groups, Una Vista Working Groups
• Monitor regulatory developments and changes to reporting frameworks across relevant jurisdictions, providing timely analysis and updates to…