Transaction Reporting Governance Professional

Job Description:

Job Title: Transaction Reporting Governance Professional

Corporate Title:  Up to Assistant Vice President

Location:  Chester

Company Overview:

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!

Location Overview:

Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.

Role Description:

The Governance team is responsible for ensuring that Transaction Reporting Operations work in accordance with current regulations and enterprise-wide standards. This is an exciting opportunity to play an integral role across all areas of Governance within the Transaction Reporting Control Group (TRCG). The successful candidate will help shape and embed our core governance structures, oversee breach management, produce function-related management information, ensure TRCG are compliant with enterprise policies (e.g., Enterprise reg Reporting, Vendor Management and Procurement, Records Management) and be part of shaping and delivering the training and communication agendas.

Responsibilities:

• You will be responsible for preparing material for governance forums with internal and external stakeholders across APAC, EMEA and the US.
• You will be responsible for meeting with report owners, provide information and appropriate metrics.
• You will work closely with the wider TRCG and relay information into governance updates.
• You will be responsible for engagement with regulators for the whole TRCG.

What we are looking for:

• You will have exposure to the regulatory trade and transaction reporting landscape.
• You will have experience in managing and communicating with cross-functional senior stakeholders.
• You will have experience in producing and tracking MI reports.
• You will have experience in a rick and control environment, ideally within Banking, Middle office, or Operations.

Skills that will help (optional):

• Being able to balance competing priorities and quickly change direction would be beneficial.
• Having intellectual curiosity and continually learning would be beneficial.
• Having the ability to anticipate risks and issues and identifying solutions would be beneficial.
• Experience of having worked with workflow management tools (e.g. JIRA) would be beneficial.

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

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.