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Operations Regulatory Reporting Analyst

Chester, , United Kingdom

Job Description:

Job Title:  Global Banking – Regulatory Reporting Operations

Corporate Title: Vice President

Location: Chester

Role Description:

Responsibilities:

  • Understand regulatory reporting requirements including process and data needed to create and manage the report
  • Understand and execute the requirements of a Report Preparer within the regulatory reporting policy
  • In partnership with Compliance and Legal, understand any new Laws, Rules and Regulation changes and assist with identifying impacts on the regulatory report
  • Follow issue management process to ensure risk/issues (DART/eIMS) impacting report are identified, tracked, and resolved
  • Monitor and execute controls to track report(s) completeness, accuracy, and timeliness
  • Provide metrics on performance of these processes
  • Timely response to regulatory inquiries and internal audit reviews
  • Constant process review to look improvement either to drive efficiency or increase control
  • Ensure desktop procedures contain production process and control procedures including rationale for any exceptions to established control expectations and meet quality assurance standards
  • Ability to work under tight deadline(s) and/or flexible schedule to meet regulatory reporting obligations

The Team:

As a Regulatory Reporting Operations team member joining the Global Banking NFRR Operations team, you will be responsible for the production, review, and submission of various Canadian and/or US regulatory reports in a complete, accurate and timely manner in conformance with regulatory instructions. You will manage the day-to-day reporting processes and controls while conducting QA activities related to one or more EMEA NFRR reports under Global Banking Operations, supporting Business Banking, Enterprise Credit, Global Commercial Banking, Global Corporate and Investment Banking.

We would be looking for a professional with working knowledge of regulatory reports such as Syndicate Loan reporting, Payment Statistics and Fraud reporting, Balance of Payments reporting, Bank Account Database reporting, cross border activity reporting.

Core Skills:

  • Experience in Global Banking Operations in business controls and/or line operations function.
  • General knowledge and experience with one or more non-financial regulatory reports and laws, rules and regulations in Global Banking.
  • An understanding of Global Corporate and Investment Banking, Global Transaction Services, and Banknotes products, services and processes
  • Organized with an exemplary attention to detail, quality, and accuracy.
  • Strong MS Office skills, particularly Excel, PowerPoint, and SharePoint.
  • Strong data & business centric mindset with ability to utilize sound judgment and tailor approach to drive optimal outcomes.
  • Stakeholder management with regional senior executives in Global Banking Front Line Units, Compliance and Operations/Technology functions.
  • Manage management reporting and governance necessary to highlight effective/ineffective reporting practices and issue themes.

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Job Band:

H5

Shift: 

Hours Per Week:

35

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Job Title:  Global Banking – Regulatory Reporting Operations

Corporate Title: Vice President

Location: Chester

Role Description:

Responsibilities:

  • Understand regulatory reporting requirements including process and data needed to create and manage the report
  • Understand and execute the requirements of a Report Preparer within the regulatory reporting policy
  • In partnership with Compliance and Legal, understand any new Laws, Rules and Regulation changes and assist with identifying impacts on the regulatory report
  • Follow issue management process to ensure risk/issues (DART/eIMS) impacting report are identified, tracked, and resolved
  • Monitor and execute controls to track report(s) completeness, accuracy, and timeliness
  • Provide metrics on performance of these processes
  • Timely response to regulatory inquiries and internal audit reviews
  • Constant process review to look improvement either to drive efficiency or increase control
  • Ensure desktop procedures contain production process and control procedures including rationale for any exceptions to established control expectations and meet quality assurance standards
  • Ability to work under tight deadline(s) and/or flexible schedule to meet regulatory reporting obligations

The Team:

As a Regulatory Reporting Operations team member joining the Global Banking NFRR Operations team, you will be responsible for the production, review, and submission of various Canadian and/or US regulatory reports in a complete, accurate and timely manner in conformance with regulatory instructions. You will manage the day-to-day reporting processes and controls while conducting QA activities related to one or more EMEA NFRR reports under Global Banking Operations, supporting Business Banking, Enterprise Credit, Global Commercial Banking, Global Corporate and Investment Banking.

We would be looking for a professional with working knowledge of regulatory reports such as Syndicate Loan reporting, Payment Statistics and Fraud reporting, Balance of Payments reporting, Bank Account Database reporting, cross border activity reporting.

Core Skills:

  • Experience in Global Banking Operations in business controls and/or line operations function.
  • General knowledge and experience with one or more non-financial regulatory reports and laws, rules and regulations in Global Banking.
  • An understanding of Global Corporate and Investment Banking, Global Transaction Services, and Banknotes products, services and processes
  • Organized with an exemplary attention to detail, quality, and accuracy.
  • Strong MS Office skills, particularly Excel, PowerPoint, and SharePoint.
  • Strong data & business centric mindset with ability to utilize sound judgment and tailor approach to drive optimal outcomes.
  • Stakeholder management with regional senior executives in Global Banking Front Line Units, Compliance and Operations/Technology functions.
  • Manage management reporting and governance necessary to highlight effective/ineffective reporting practices and issue themes.

Bank of America:

Every day, across the globe, our employees bring a commitment to our purpose and to driving responsible growth by living our values: deliver together, act responsibly, realize the power of our people and trust the team. A key aspect of driving responsible growth is doing so in a sustainable manner, a critical pillar of which is being a great place to work for our teammates.

In line with these values, in EMEA we have 9 Employee Networks, a wide range of Sports & Social clubs, and other development and networking opportunities so that you can enjoy a range of experiences and connect with colleagues across the bank. We also offer exclusive discounts to some of the most iconic cultural experiences for you to enjoy in your spare time outside of work. Learn more about our benefits here.

Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements. As part of our standard hiring process to manage risk, please note background screening checks will be conducted on all hires before commencing employment.

Learn more about this role

Full time

JR-22007557

Band: H5

Manages People:

Manager:

Talent Acquisition Contact:

Thomas Stevens

Referral Bonus:

0

Street Address

Primary Location:
Herons Way, Chester, CH4 9FE