Regulatory Reporting Lead - Global Compliance & Controls

Bank of America; Chester; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Private healthcare for you and family

Pension plan and life assurance

Maternity and paternity leave

Job summary

Bank of America is seeking a Regulatory Reporting Senior Professional in Chester or Bromley to lead the end-to-end regulatory reporting function across multiple regimes. The role focuses on delivering complete, accurate and timely regulatory outputs, while driving controls, data quality and remediation of issues.

Collaboration with Compliance, Audit and Operations is essential to implement changes and sustain risk management across the reporting landscape.

Qualifications

• Understanding of the regulatory trade and transaction reporting landscape would be ideal.
• Prepared to remain current on the regulatory reporting landscape to ensure the firm’s reporting remains in step with any changes.
• Experience in remediating transaction reporting issues, including back-reporting.
• Familiar with key trade flow components: how trades are booked, cleared, captured, consumed by the reporting systems, processed, submitted to the regulatory / repository.
• Experience in key transaction reporting systems and how they interact with each other.

Responsibilities

• Lead the delivery and oversight of regulatory reporting, ensuring completeness, accuracy and timeliness.
• Oversee key controls and adherence to regulatory, policy and data quality requirements.
• Drive the identification and remediation of reporting errors, breaches, data issues and control weaknesses.
• Provide oversight of testing and quality assurance, ensuring regulatory changes and remediation activities are effectively validated.
• Lead responses to regulatory enquiries and reporting issues, partnering with Compliance, Audit and other control functions.
• Manage key risks, controls and performance indicators, driving continuous improvement across reporting processes.
• Build strong partnerships across Operations, Technology, Data and Regulatory Reporting teams to deliver strategic and regulatory change.
• Provide subject-matter expertise and guidance on complex reporting and operational matters.

Job description

Bank of America is seeking a Regulatory Reporting Senior Professional in Chester or Bromley to lead the end-to-end regulatory reporting function across multiple regimes. The role focuses on delivering complete, accurate and timely regulatory outputs, while driving controls, data quality and remediation of issues.

Collaboration with Compliance, Audit and Operations is essential to implement changes and sustain risk management across the reporting landscape.