Regulatory Reporting Operations Professional

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

This job is responsible for providing analysis for one or more operations product areas in the delivery of moderately complex regulatory reporting and/or regulatory processing. Key responsibilities include analyzing and resolving highly complex operations problems, projects and initiatives, and contributing to the resolution of highly complex problems. Job expectations include coordinating across multiple operations functions and products with the introduction of new initiatives, systems, products, services, and processes.

The Regulatory Reporting Operations Professional supports the AMRS Client Asset Control Group (CACG) within Global Markets Operations, ensuring compliance with U.S. customer protection regulations across multiple broker‑dealers. This role drives internal control discipline, SEC Rule 15c3‑3 Customer Protection regulatory adherence, and operational excellence through proactive oversight, issue remediation, and impactful change.

• Own the execution and effectiveness of regulatory oversight processes and controls to ensure compliance with client asset protection rules, maintain audit readiness, and drive continuous improvement.
• Monitor key process health metrics and control performance indicators to identify emerging risks, measure control effectiveness, and prioritize improvement opportunities.
• Assess the design and effectiveness of systems, processes, and controls through data analysis, monitoring, and root cause investigation to ensure alignment with regulatory requirements and established standards.
• Partner with cross‑functional stakeholders to resolve issues and implement control, process, and technology enhancements.
• Administer third‑party custodial account processes, including account setup, maintenance, coding, reconciliation, and documentation.
• Proactively identify, document, assess, and escalat
  ** e
  * * risks, control gaps, and incidents to ensure timely and effective resolution.
• Serve as a subject matter expert for audits, regulatory examinations, incident remediation, and strategic change initiatives; lead small to mid‑sized projects and work streams.
• Leverage emerging technologies, automation, and data‑driven insights to enhance controls,…