Transaction Reporting & Remediation Analyst

Job Description:

Job Title: Transaction Reporting & Remediation Analyst

Corporate Title: Vice President

Location: Chester or Bromley

Overview:

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 an 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.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

We are seeking a motivated and analytical individual to join our Regulatory Reporting Operations team.

The successful candidate will support the investigation and remediation of transaction reporting issues, working with colleagues across Operations, Technology, Compliance and Risk to help ensure reporting obligations are met accurately and on time.

This is an excellent opportunity for someone looking to develop their knowledge of regulatory reporting, controls and financial markets within a highly regulated environment. The role requires strong analytical skills, attention to detail, intellectual curiosity, and the confidence to ask questions and challenge where appropriate.

Responsibilities:

• Support the investigation and resolution of operational and reporting issues.
• Assist with data quality reviews and help identify areas for improvement.
• Support remediation activities and process improvement initiatives.
• Help maintain effective controls and follow established procedures.
• Work with colleagues across different teams to resolve issues and support reporting requirements.
• Contribute to governance and control activities to help ensure regulatory obligations are met.
  

What We're Looking For:

• Experience in Financial Services, Banking Operations, Risk, Compliance, Controls, Regulatory Reporting or a similar environment.
• An interest in financial markets, regulatory requirements and operational controls.
• Some understanding of regulatory or transaction reporting would be beneficial.
• Exposure to issue investigation, process improvement or operational support activities would be advantageous.
• Experience working with data, reporting or resolving operational issues would be beneficial.
• Familiarity with regulations such as EMIR, MiFID II or SFTR would be helpful, but not essential.
• Strong attention to detail with good analytical and problem-solving skills.
• Good communication skills and the ability to work effectively within a team.
  

Benefits of working at Bank of America: UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• 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
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs 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 well-being account, travel insurance, critical illness, cycle to work etc. Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• 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 are 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 sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or 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.