Business Analyst – APAC Regulatory Reporting Change

Bank of America; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

Bank of America in Singapore is seeking an experienced Business Analyst to join the APAC Regulatory Reporting Change team within Data, Reporting & Operations Management. You will support strategic regulatory reporting and transformation initiatives across APAC, collaborating with business, operations, compliance and technology.

The role requires 8+ years in business analysis or change management within financial services, with hands-on regulatory reporting programs.

Qualifications

• 8+ years in business analysis or change management within financial services.
• Experience delivering regulatory reporting change initiatives across APAC.
• Strong ability to translate regulatory obligations into technical requirements.
• Data lineage, reconciliation, and data quality analysis skills.
• Experience supporting UAT, SIT, and defect remediation.
• Collaborates with stakeholders across regions and functions.

Responsibilities

• Analyze and translate regulatory obligations into business and functional requirements.
• Create BRDs, process maps, user stories, JIRA tickets, and traceability matrices.
• Conduct gap analyses, impact assessments, and data mapping across systems.
• Support regulatory reporting rewrites, remediation programs, and transformations.
• Coordinate UAT and implementation activities with defect analysis and approvals.
• Partner with Global Markets, Operations, Compliance, Legal and Tech teams.
• Prepare governance materials and updates to project steering groups.
• Support data migration, backloading, and post go-live validation.

Skills

Regulatory reporting

Data analysis

Business Analysis

Change management

Requirements gathering

Stakeholder management

Tools

JIRA

Job description

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 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! Job Description:

Bank of America is seeking an experienced Business Analyst to join the APAC Regulatory Reporting Change team within Data, Reporting & Operations Management (DROM). This role will support the delivery of strategic regulatory reporting and transformation initiatives across APAC, partnering with business, operations, compliance and technology teams to implement regulatory change and enhance the firm’s reporting capabilities.

Key Responsibilities

• Analyze and translate regulatory obligations into business and functional requirements.
• Create business analysis artefacts including BRDs, process maps, user stories, requirements JIRAs and traceability matrices.
• Perform gap analysis, impact assessments and data mapping across systems, processes and reporting obligations.
• Support regulatory reporting rewrites, remediation initiatives and strategic transformation programmes.
• Coordinate UAT and implementation activities, including defect analysis, root cause investigation and stakeholders’ approvals.
• Partner with stakeholders across Global Markets, Global Banking, Operations, Compliance, Legal and Technology.
• Prepare governance materials and provide updates to project working groups and steering committees.
• Support implementation readiness activities, including data migration, backloading and post go-live validation where required.

Required Experience

• 8+ years of Business Analysis or Change Management experience within financial services, ideally within regulatory reporting, operations change or technology-enabled transformation.
• Hands-on experience delivering regulatory reporting change initiatives such as implementation, rewrite, or remediation programmes across APAC markets, with strong familiarity with transaction reporting regimes such as MAS, ASIC, HKMA, JFSA, Korea or RBI.
• Demonstrated ability to analyse complex regulatory obligations and translate them into practical business requirements, functional specifications, user stories, JIRAs and traceability artefacts.
• Strong data analysis capability, including investigation of source-to-report data lineage, reconciliation breaks, reporting exceptions, completeness gaps and data quality issues across front-to-back processes.
• Experience supporting UAT, SIT or defect remediation activities, including root cause analysis, prioritisation of defects, coordination with technology teams and preparation of readiness evidence.
• Ability to work effectively across business, operations, compliance, legal and technology stakeholders, including both regional APAC teams and global delivery partners.
• Practical understanding of regulatory reporting data concepts such as UTI, UPI, CDE, trade lifecycle events, reportable attributes, control checks and exception management.
• Experience producing high-quality business analysis artefacts, including BRDs, process flows, control documentation, test scenarios, implementation checklists and governance updates.
• Strong working knowledge of Agile or hybrid delivery methods, including backlog management, sprint-based delivery, requirements refinement and delivery tracking through tools such as JIRA.
• Ability to manage competing priorities, work independently with limited supervision and deliver high-quality outcomes within challenging regulatory timelines.

Preferred Experience

• Understanding of front-to-back regulatory reporting processes, including trade lifecycle, operational controls, and exception management.
• Experience with regulatory reporting platforms, trade repositories or vendor utilities used to support report generation, submission, controls or exception management.
• Exposure to Banking or Loans regulatory reporting, in addition to transaction reporting, would be advantageous.
• Familiarity with post-trade controls, operational readiness activities, implementation checklists, go-live support and post go-live validation.
• Experience contributing to regulatory remediation, internal audit, issue management or control enhancement initiatives.
• Ability to support senior stakeholder updates, working group materials and delivery governance across complex regional or global programmes.

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.