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Global Regulatory Reporting Manager

Charlotte, North Carolina

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.

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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

The US Global Regulatory Reporting Team (GRR) performs a vital role within the broader Global Financial Control organization and is responsible for the preparation, validation, review and submission of approximately 80 US Regulatory Reports across multiple entities including but not limited to BAC, BANA, BAC’s Non-Bank Subsidiaries and the US Broker Dealer. GRR is seeking a Product Delivery Lead to help drive GFC’s multi-year transformation effort focused on design and delivery of GRR’s strategic architecture, remediation of upstream data quality issues, in-line control automation and improving the accuracy of the Bank’s financial regulatory reports.

Responsibilities

+ Drive delivery execution including Business Requirements, Functional Requirements, testing, project governance, monitoring/escalating risks and supporting operational readiness activities

+ Manage team of technical Business Analysts and Testing Analysts located in India responsible for functional design and performing UAT.

+ Ensure business requirements and design meet regulatory instructions and business process efficiency goals.

+ Work in close collaboration with key stake-holders at all levels of the organization to develop multi-year roadmap and prioritization of BoW.

+ Lead and drive Operational Excellence efforts more broadly across GRR to identify opportunities to reduce operational risk, simplify processes and drive operational efficiency leveraging process re-engineering and emerging technology tools (ie, Alteryx, Tableau).

+ Supports Financial Regulatory Reporting Transformation Executive in setting strategic direction for GRR, with a heavy focus on Target Operating Model, global consistency, organizational model and location strategy

Required Qualifications

+ 5-7 years experience operating in a Business Analyst/PMO capacity driving transformational change within Finance

+ Bachelor's degree in related field

+ Strong working knowledge of Regulatory Reporting processes and controls

+ In depth knowledge of banking products and US GAAP accounting

+ Excellent communication and project management skills

+ Creative thinker, thinks outside the box and challenges status quo

+ Analytical mindset able to resolve complex issues

+ Strong communication skills (written, verbal and interpersonal) including tact, diplomacy and ability to influence senior executives

+ Integrity, maturity, dependability and positive professional attitude

Desired Qualifications

+ Experience delivering change across multiple finance functions including, but not limited to, capital, liquidity and regulatory reporting

+ MBA or Masters

+ Experience in a financial regulatory report production role is a plus

Skills:

+ Data and Trend Analysis

+ Financial Accounting

+ Interpret Relevant Laws, Rules, and Regulations

+ Regulatory Compliance

+ Risk Management

+ Attention to Detail

+ Continuous Improvement

+ Financial Analysis

+ Project Management

+ Reporting

+ Analytical Thinking

+ Oral Communications

+ Regulatory Relations

+ Stakeholder Management

+ Written Communications

Shift:

1st shift (United States of America)

Hours Per Week:

40

Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.

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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. Should you be offered a role with Bank of America, your hiring manager will provide you with information on the in-office expectations associated with your role. These expectations are subject to change at any time and at the sole discretion of the Company. To the extent you have a disability or sincerely held religious belief for which you believe you need a reasonable accommodation from this requirement, you must seek an accommodation through the Bank’s required accommodation request process before your first day of work.

This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.