Regulatory Relations Specialist

Bank of America; Charlotte (NC); On-site; USD 90,000 - 135,000; Full time

Benefits offered by this job

affordable, competitive and flexible '

Job summary

Bank of America is seeking a Regulatory Relations Specialist to execute the strategy for regulatory engagement and enterprise-wide standards. You will support exams, inquiries, and meetings in partnership with GRR and front-line units, ensuring timely responses and consistent practices.

Responsibilities include tracking regulatory activity, preparing regulatory responses, maintaining records, and coordinating logistics.

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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Regulatory Relations Specialist is responsible for the execution of the overall strategy for regulatory engagement and enterprise-wide standards. This includes assisting with the management of regulatory examinations, inquiries and meetings. Additional responsibilities include: Partnering with Global Regulatory Relations (GRR) and Front-Line Unit / Control Function FLU/CF during the management of exams, inquiries and other regulatory matters in accordance with enterprise-wide standards. Collaborating effectively with FLU/CF stakeholders to execute enterprise-wide standards. Supporting regulatory exams to ensure consistent exam practices, successful execution, and reduction of risk exposure for the company. This includes ensuring timely response to regulatory inquiries; supporting the execution of ongoing supervision meetings; aiding with preparation of regulatory responses; as well as regulatory activity tracking, reporting and escalation. Maintaining quality records and documentation throughout the regulatory lifecycle, this includes tracking deliverable status, detailed meeting notes and recaps, archiving exam evidence, etc. Supporting critical logistics throughout the regulatory lifecycle, including building and systems access, site and room reservations, delivery of examination evidence through approved portals. Partnering with GRR colleagues to share best practices, identify regulatory themes and emerging issues.

Required Qualifications

• 5+ years of experience in risk management, enterprise-wide role, managing regulator activities, project management or a combination of each.
• Experience planning and supporting large scale projects.
• Ability to drive projects to meet critical milestones and identify potential roadblocks for the team.
• Strong project management skills; attention to detail; ability to drive projects to conclusion.
• Ability to manage multiple tasks and stakeholders at once, prioritize workflow and deliver results under pressure and time constraints.
• Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requests.
• Proven verbal and written communication skills and presentation skills.
• Ability to synthesizes information and summarize key themes.
• Strong analytical skills.
• Ability to work under pressure, calmly within tight deadlines and evade appropriately.
• Able to develop and maintain good working relationships.
• Self-starter, motivated and reliable; ability to work well and seamlessly within a team without a continuous high level of guidance.
• Proficiency in using MS Word, Excel, PowerPoint, SharePoint, Webex and TEAMS.

Skills

• Active Listening
• Administrative Services
• Attention to Detail
• Collaboration
• Written Communications
• Critical Thinking
• Prioritization
• Problem Solving
• Project Management
• Quality Assurance
• Issue Management
• Regulatory Compliance
• Stakeholder Management

Shift: 1st shift (United States of America)

Hours Per Week: 40

Privacy Statement: https://careers.bankofamerica.com/en-us/privacy-notice

Benefits

• affordable, competitive and flexible benefits.

About Us

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.

Pay Transparency: https://careers.bankofamerica.com/en-us/pay-transparency