Officer, NFRR (Non-Financial Regulatory Reporting), Global Banking Operations

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

You will play a key role in ensuring our financial integrity and regulatory compliance. This role provides exposures to multiple business functions, giving you a strong foundation in regulatory frameworks, operational risk, and process optimization.

Responsibilities:

Business and Operations:

• Understand the local rules and regulations that governs the submission of regulatory reports.
• Understand the reporting requirements for the reports in scope.
• Identify the required data sources to be used in the report preparation.
• Come up with and document the process to create and prepare the report.
• Prepare and submit the reports before the deadline.

Risk and Compliance:

• Understand and implement changes resulting from regulatory mandates, including regulatory reporting and onshore processing requirements.
• Is thorough with the requirements and demands of regulatory reporting and dealing with frequent changes in this space.
• Provide regulatory and audit exam management in partnership with Compliance for internal and external reviews.
• Manage the operational risk with stable operations and full compliance to local and global regulations.
• Satisfactory audits, reviews, exams (internal and Regulator driven)

Skills:

• Minimum 3 years of experience in local regulatory reporting and familiar with banking regulations and financial reporting standards.
• Strong analytical skills with attention to details.
• Proficiency in financial reporting software and excel.
• Familiarity with banking transaction process flow and general banking knowledge.
• Ability to manage and communicate with the regulators.
• Proven stakeholder relationship/influence management skills to achieve swift adoption through close partnership.
• Comfort working in a collaborative team environment.
• Ability to work in a high pressure and fast changing environment.
• Ability to manage alliances, client relationships, cross functional initiatives and process integration within the geography covered.
• Absolute team player and evidence of character consistent with Bank of America’s core values.