Regulatory Reporting Operations Senior Professional

Job Description:

Job Title:

Regulatory Reporting Operations Senior Professional Corporate

Title:

Up to VP

Location:

Chester 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:

This job is responsible for defining, providing and overseeing analytical processes for highly complex regulatory reporting for one or more operations product teams. Key responsibilities include managing complex projects and work streams involving systems enhancements, process improvements, products and services. Job expectations include serving as a subject matter expert to other teammates and handling highly complex issues that require management and coordination across multiple stakeholders.

This position is responsible for working in the Enhanced Quality Assurance Function within Transaction Reporting Control Group. The EQA team is primarily focused on validating the completeness, accuracy, and timeliness of the transaction reporting submissions across multiple regulatory regimes (EMIR, UKEMIR, CFTC, MIFID/MIFIR, SFTR) This role support teams in the QA, testing, and delivery of change, including the remediation of issues identified.

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 (Audit and Compliance), 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

What we are looking for:

Data Analytics - able to process and analyse complex large data sets and articulate how that impacts processes and functions to assess and build recommendations

Ability to handle diverse workload and tight schedules.

Excels in working among diverse teams globally and to take on multiple viewpoints to make sound judgements and decisions / recommendations on the best solutions.

Excellent communication and presentation skills are essential

Skills that will help:

Advanced Excel with exposure to Data Analytics tools such as…