Regulatory Reporting Operations Specialist

Bank of America Corporation; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

Bank of America Corporation is seeking a regulatory reporting analyst to provide analysis for operations product areas and deliver compliant regulatory reports with accuracy and timeliness.

The role involves coordinating across teams, addressing regulatory inquiries, and supporting control practices within a 40-hour week in an in-office setting. You will drive data quality improvements and maintain documentation standards.

Qualifications

• Delivers highly complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, quality, and timeliness.
• Defines and executes control practices, including compliance with all regulatory and policy requirements, including data quality standards.
• Ensures that key risks, performance indicators, and desktop procedures are fully documented, in line with enterprise standards, reviewed on a regular basis and challenged and escalated where necessary.
• Responds to inquiries from regulatory agencies and internal control partners (e.g., Audit and Compliance), and provides reporting, as needed.
• Establishes credible, collaborative and influential relationships with key senior stakeholders, including FLU and Front Office partners.
• Identifies, tracks, and remediates errors, breaches, data issues and control enhancements that impact the respective reports.
• Coordinates the partnership with upstream process owners and data providers to improve data quality of regulatory reports, and with Non-Financial Regulatory Reporting Interpretation and Technology teams to review and maintain data dictionaries for completeness of business requirements and ensure completeness of all operational and reporting requirement

Responsibilities

• Delivers moderately complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, and timeliness
• Executes control practices, including compliance with all regulatory and policy requirements, including data quality standards
• Documents key risks, performance indicators, desktop procedures, controls and metrics related to reporting, and executes quality assurance, quality control, and report production tasks for regulatory reports
• Supports the response to regulatory agencies and internal control partners on inquiries and reporting breaches
• Participates in the representation of the reporting function to control partners (e.g., Audit and Compliance)
• Identifies, tracks, and remediates errors, breaches, data issues, and control enhancements that impact reports
• Contributes to the partnerships with key stakeholders, including upstream process owners, data providers, and Non-Financial Regulatory Reporting Interpretation and Technology teams

Skills

Problem Solving

Reporting

Attention to Detail

Critical Thinking

Data Quality Management

Prioritization

Risk Management

Analytical Thinking

Data Mining

Decision Making

Job description

Bank of America Corporation is seeking a regulatory reporting analyst to provide analysis for operations product areas and deliver compliant regulatory reports with accuracy and timeliness.

The role involves coordinating across teams, addressing regulatory inquiries, and supporting control practices within a 40-hour week in an in-office setting. You will drive data quality improvements and maintain documentation standards.