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. 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.
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Job Description:
Responsible for audit testing of key areas and activities across the CFO - U.S. Centralized Regulatory Reporting organization, which includes governance, interpretation of report instructions, production and submission of OCC/FRB/FDIC U.S. regulatory reports (e.g.FR Y-14,FR Y-9C,FFIEC 009, FR Y-15, FFIEC 031), and substantive end-to-end testing of data from the reports through data transformations to data capture. The role also has a significant focus on executing testing around data capture and data usage.
Key Responsibilities:
- Executes transaction and controls testing of multiple regulatory reporting audits
- Monitors the progress of regulatory and internal audit issue validation
- Stays abreast of regulatory developments, emerging risks, and report/instruction changes; contributes to calibration of the plan
Required Skills: "Must" have these skills to be minimally qualified.
- Greater than 3 years' experience in a related role
- BA/BS or equivalent. CPA, CIA, CISA or similar
- Specific subject matter expertise in audit and the financial services industry.
- Recommended subject matter expertise in U.S. regulatory reporting (e.g. Y-14, Y-9C, 009, Y-15, 031) or SEC financial reporting (10K/10Q)
- Experiencing in performing end-to-end substantive testing of data elements and transactions from a report to data capture/source documentation
- Strong critical thinking and communication skills
- Very organized with attention to detail
- Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
- Proven track record of executing multiple projects and delivering high quality work to meet tight deadlines
- Strong interpersonal skills and effective communicator, both orally and in writing.
Desired Skills:
- Big 4 background a plus, including in external audit or consulting
- Experience in evaluating workflows/ systems/ data mining
- Experience with production of U.S. Regulatory Reports
Shift:
1st shift (United States of America)
Hours Per Week:
40