Regulatory Reporting Controller II

Bank of America; London, North East Derbyshire; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial institution is seeking a Regulatory Reporting Controller II for a 9-month fixed-term contract in London. The role involves producing key regulatory reports and enhancing reporting processes while working with a diverse team. Ideal candidates will have experience at the VP level, strong analytical skills, and a background in regulatory environments.

Qualifications

• Experience at VP or Director level in regulatory reporting.
• Good working knowledge of accounting concepts.
• Motivated, enthusiastic individual with attention to detail.

Responsibilities

• Support production of French Statistical regulatory reporting.
• Enhance regulatory reporting processes for efficiency.
• Assist with adhoc projects and system testing.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Excel Proficiency

Education

Qualified Accountant (ACA, ACCA, CIMA or equivalent)

Tools

Axiom

Job description

Job Description:

Job Title: Regulatory Reporting Controller II (Fixed Term Contract: 9 Months)

Corporate Title: Vice President

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 a diverse and 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.

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

Location Overview:

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 workspaces 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 Team:

We have an exciting opportunity on a fixed-term basis, to join the Bank of America Global Regulatory Reporting team as we continue to expand and strengthen our departments across EMEA. The opportunity will be for a period of 9-12 months.

We are a global team made up of a diverse range of people from varied backgrounds who each bring unique skillsets and perspectives. The team is responsible for reporting both local and European regulatory reporting.

Role Description:

Support the production of key French Statistical regulatory reports and contribute to the broader objectives of the Financial Regulatory Reporting

team

Responsibilities:

• Support production of French Statistical regulatory reporting which includes key returns such as Ruba.
• Keep up to date with applicable regulatory reporting requirements.
• Continuously assess and enhance regulatory reporting processes, improving the quality of our regulatory submissions and identifying new approaches to improve efficiencies

• Assist with adhoc projects which are expected to include a diverse range of projects including implementation of new regulatory reporting requirements and strategic regulatory reporting infrastructure.
• System testing for relevant changes.

What we are looking for:

• Experience working in a similar role at VP or Director level
• Qualified Accountant (ACA, ACCA, CIMA or equivalent) with good working knowledge of accounting concepts
• Experience in a regulatory reporting environment
• Working knowledge of EMEA financial reporting regulations including Statistical reporting
• Motivated, enthusiastic individual with excellent interpersonal skills as well as excellent communication skills
• High level of ownership, proven analytical skills and attention to detail
• Demonstrate ability to work independently and with a team to support delivery of the team responsibilities as a whole
• Excel proficiency

Skills that will help:

• Knowledge of Axiom, the regulatory reporting platform

Bank of America:

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.