Regulatory Reporting Operations Analyst

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 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!

Job Description

This job is responsible for providing standard research, reporting and analytical support for the delivery of regulatory reporting. Key responsibilities include end-to-end reporting support for cross border payments, electronic transactions, sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives and over-the-counter derivatives across multiple lines of business. Job expectations include following the established procedures under general supervision and oversight, and assisting less experienced teammates.

Responsibilities

• Delivers standard regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, and timeliness
• Executes control practices, including compliance with all regulatory and policy requirements, including data quality standards
• Identifies, tracks, and remediates errors and breaches, data issues and control enhancements that impact the respective reports
• Partners with upstream process owners and data providers to improve data quality of regulatory reports

• Three to five years of experience in regulatory reporting for financial institutions
• Working knowledge of AS400/GBS applications, desired but not essential
• Understanding of payment processing, multiple payment types (SWIFT Mt103, ACH, SEPA, CHAPS, merchant based, etc.), and Canadian clearing systems/rules
• Excellent communication, analytical and problem-solving skills
• Proficiency with Excel, Word, and MS Office programs

• Ability to work under pressure in a team environment to meet established deadlines
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds
• Exposure to Risk management disciplines
• Self-motivated and able to work unsupervised on tasks assigned. Candidate will know when to escalate
• Willingness to embrace new learning opportunities and take on new tasks/responsibilities
• Post-Secondary education/college education preferred