CFO Regulatory Reporting Controller II (Global Financial Controls)

Bank of America; Jersey City (NJ); On-site; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Regulatory Reporting Controller II to join their dynamic team. This role involves preparing regulatory reports, performing variance analysis, and ensuring compliance with financial regulations. You'll collaborate with internal controls and external auditors while enhancing operational processes. If you possess strong analytical skills and a passion for financial reporting, this is the perfect opportunity to make a significant impact in a supportive and inclusive environment. Join a company that values your contributions and offers a pathway for career growth!

Qualifications

• Minimum 2 years of relevant experience in accounting/finance.
• Strong financial analytics skills with attention to detail.
• Advanced skills in Microsoft suite, especially Excel.

Responsibilities

• Prepare regulatory reporting for broker dealers and swap dealers.
• Perform variance analysis and document control processes.
• Support regulatory change projects and operational excellence initiatives.

Skills

Analytical Thinking

Controls Management

Financial Accounting

Financial Analysis

Reporting

Attention to Detail

Oral Communications

Policies, Procedures, and Guidelines Management

Risk Management

Written Communications

Continuous Improvement

Interpret Relevant Laws, Rules, and Regulations

Project Management

Regulatory Compliance

Stakeholder Management

Education

Bachelor's degree in Accounting/Finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

CFO Regulatory Reporting Controller II (Global Financial Controls)

Charlotte, North Carolina;Jersey City, New Jersey

**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 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.

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:**

Prepares legal entity, balance sheet, liquidity, capital and FX reports filed with regulators and variance analysis. Prepare regulatory calculations, performs and documents control processes for local Banks, Broker Dealers and other legal entities, prepares/reviews data submissions for regulatory reporting teams.

The Regulatory Reporting Controller II role is within the GRR Broker Dealer organization responsible for the preparation of Regulatory Reporting calculations (SEC Rule 15c3-3) for locally regulated entities including broker dealers, swap dealers and other legalentities. Responsiblefor performing and documenting control processes, and the preparation of data submissions for regulatory reporting teams.

**Responsibilities:**

This job is responsible for the preparation of Regulatory Reporting for locally regulated entities including broker dealers, swap dealers and other legal entities. Key responsibilities include performing and documenting control processes, performing variance analysis, preparing data submissions for regulatory reporting teams, and regulatory change initiatives. Key expectations include the ability to prepare and analyze financial reports, perform risk analysis, proficiency within Microsoft suite, be able to work within a team setting and independently, and be an effective communicator.

- Prepares complete and accurate regulatory reporting calculations in a timely manner

- Prepares reconciliations and variance analysis for daily/monthly computations

- Prepares and reviews trend and analytical reporting related to Broker Dealer computations

- Works with internal controls functions and External Auditors

- Assists with local regulators and other regulatory examination inquires

- Supports regulatory change projects in testing and documentation

- Supports Operational Excellence (OpEx) initiatives to streamline processes improvements

**Skills:**

+ Analytical Thinking

+ Controls Management

+ Financial Accounting

+ Financial Analysis

+ Reporting

+ Attention to Detail

+ Oral Communications

+ Policies, Procedures, and Guidelines Management

+ Risk Management

+ Written Communications

+ Continuous Improvement

+ Interpret Relevant Laws, Rules, and Regulations

+ Project Management

+ Regulatory Compliance

+ Stakeholder Management

**Required Qualifications:**

+ Minimum 2 yearsof relevant professional experience in accounting/finance

+ Strong financial analytics skills with attention to detail

+ Advanced skills within the Microsoft suite specifically related to Excel, Word, and PowerPoint

+ Candidate must be able to work both independently and as team member

+ Self-Starter with strong communication and presentation skills

**Desired Qualifications:**

+ Bachelors' degree in Accounting/Finance

+ Previous experience in the financial services industry

+ FINRA Series 99 or 27

+ CPA or equivalent a plus

**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.

To view the "Know your Rights" poster, CLICK HERE (https://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12.pdf) .

View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notic...) .

Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.

To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .

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.