Centralized Regulatory Reporting Governance and Control- Senior Lead

Job Description:

Centralized Regulatory Reporting (CRR) is part of The CFO Group and is responsible for preparation, review, and submission of U.S. financial regulatory reports for the bank, broker-dealer, and certain non-bank subsidiaries and works closely with business and finance partners across the organization to gather, analyze and prepare required regulatory reports.

The CRR Governance and Control team provides oversight of the internal control framework for regulatory reporting teams, ensuring processes are executed and documented in a consistent manner, issues are escalated and remediated timely, training is provided where needed, and governance routines are in place to track and report key performance/risk to senior management.

The candidate would be part of the CRR Governance and Control team and would be responsible for developing and implementing best practices across regulatory reporting teams.  The candidate would also be responsible for facilitating governance routines where regulatory reporting matters are discussed, and coordinate reviews and exams as they arise.  Additionally, the candidate would assist senior management in executing on other CRR strategic priorities and projects to ensure a well-controlled environment.

The candidate would need to build strong working relationships across teams and have an internal-control mindset to allow for review and challenge in various areas.  Strong organizational, communication, technical skills, and attention to detail are a must.  The candidate should be able to execute, influence, and lead change where needed.

Responsibilities:

• Develop and execute internal control best practices across CRR teams

• Prepare materials/facilitate governance routines and reporting to senior management

• Oversee the maintenance of process documentation

• Participate in efforts to streamline processes and make better use of emerging technology

• Assist in planning of strategy and drive execution of other Governance and Control priorities, such as spreadsheet controls implementation, training, reporting of metrics, regulatory change management, et al.

• Interact with teams across the bank, including auditors and other control groups

Required Skills and Experience:

• Must have BS/BA Degree

• 10+ years of experiences with financial institutions or in a control capacity

• Experience working in process, risk, compliance or similar efforts

• Ability to work with stakeholders across teams, build consensus and execute strategic objectives

• Ability to think analytically and challenge management on assertions made

• Strong technical skills; advanced knowledge of Microsoft Suite (Excel, Word, PowerPoint)

• Attention to detail

• Excellent written and verbal communication skills

• Problem-solving; ability to quickly solve issues that arise

• Ability to learn and adapt to change

• Commitment to company values, brand, and the customer experience

Desired Skills and Experiences:

• Regulatory reporting experience preferred but not required

• Governance and control monitoring experience preferred but not required

• Project management skills a plus

Bank of America is a culture that:

• Believes in responsible growth and has a proven dedication to supporting the communities we serve

• Provides continuous training and developmental opportunities to help people achieve their goals, whatever their background or experience

• Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients and customers around the world

• Is committed to advancing our tools, technology and ways of working.  We always put our clients first to meet their evolving needs

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