Regulatory Reporting Specialist II — Broker Dealer Focus

HITEC; Jersey City (NJ); On-site; USD 90,000 - 133,000; Full time

Benefits offered by this job

Discretionary incentive plan

Benefits eligible

Job summary

Bank of America in Jersey City, NJ is seeking a Regulatory Reporting Controller II to prepare and analyze regulatory reporting calculations for locally regulated entities including broker-dealers and swap dealers. This role emphasizes control processes, variance analysis, and data submissions for regulatory teams.

You will work in a team, support regulatory change initiatives, and communicate findings effectively while using Microsoft Excel, Word, and PowerPoint.

Qualifications

• Minimum 2 years of relevant professional experience in accounting/finance in the financial industry.
• 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.

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

Risk Management

Written Communications

Continuous Improvement

Interpret Relevant Laws, Rules, andReg

Project Management

Regulatory Compliance

Stakeholder Management

Education

Bachelor's degree in Accounting/Finance

FINRA Series 99 or 27

CPA or equivalent

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Bank of America in Jersey City, NJ is seeking a Regulatory Reporting Controller II to prepare and analyze regulatory reporting calculations for locally regulated entities including broker-dealers and swap dealers. This role emphasizes control processes, variance analysis, and data submissions for regulatory teams.

You will work in a team, support regulatory change initiatives, and communicate findings effectively while using Microsoft Excel, Word, and PowerPoint.