Global Regulatory Reporting Manager

Bank of America; Charlotte (NC); On-site; USD 100,000 - 150,000; Full time

Job summary

A leading financial institution seeks a Product Delivery Lead to drive transformation within the US Global Regulatory Reporting Team. You will play a vital role in enhancing operational efficiencies, managing a diverse team, and ensuring compliance with regulatory requirements. Ideal candidates will bring extensive experience in finance and project management, with an analytical mindset to tackle challenges. If you're ready to make a meaningful impact and lead change, join us at Bank of America!

Qualifications

• 5-7 years experience in Business Analyst/PMO role driving transformation.
• Strong working knowledge of Regulatory Reporting processes.
• Excellent project management skills.

Responsibilities

• Drive delivery execution including Business and Functional Requirements.
• Manage a team of analysts in India for functional design.
• Lead Operational Excellence efforts across GRR.

Skills

Data and Trend Analysis

Financial Accounting

Regulatory Compliance

Project Management

Financial Analysis

Analytical Thinking

Stakeholder Management

Communication

Education

Bachelor's degree in related field

MBA or Masters

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

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