Job Description:Job Title: Regulatory Reporting Operations ProfessionalCorporate Title: Up to AVPLocation: ChesterAt 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:This role sits within the EMEA Global Markets Non-Financial Regulatory Reporting (NFRR) team and is responsible for supporting the end-to-end preparation, review and submission of regulatory reports across EMEA.
The role requires strong operational ownership, with responsibility for ensuring reporting is complete, accurate and timely, supported by an effective and well-evidenced control environment. The successful candidate will work across a broad portfolio of regulatory reporting obligations and partner closely with multiple stakeholders, including Compliance, Technology as well as Front Office partners.
The role will also support the continued evolution of the EMEA NFRR operating model, including regulatory change, report onboarding and migration, process simplification, automation, system enhancements and remediation of reporting and data-quality issues.
Responsibilities:- Deliver accurate, complete and timely regulatory reports.
- Execute reporting controls and ensure compliance with regulatory, data quality and policy requirements.
- Identify, track and remediate reporting, data and control issues.
- Support the transition and onboarding of NFRR reports into the target-state operating model.
- Respond to regulatory enquiries and represent Reporting with Audit, Compliance and other control partners.
- Partner with Regulatory Interpretation and Technology on regulatory change, system requirements, UAT and control enhancements.
- Build strong relationships across Operations, Technology, Compliance and relevant stakeholders.
What we are looking for:- Experience in regulatory reporting, regulatory operations or a similar control environment
- Ample understanding of data quality, reporting controls and risk management
- Experience identifying and resolving reporting or data issues
- Experience supporting regulatory change, process improvement and UAT
- Good analytical, organisational and problem-solving skills
- Good stakeholder management and communication skills
Skills that will help:- A degree or relevant professional qualification, such as ACA, ACCA or CIMA, would be beneficial.
- Previous experience within Banking, Global Markets, Risk/Compliance Operations or Regulatory Reporting would be advantageous.
- Exposure to regulatory reporting and analytics within Finance, Operations or a related environment.
- Strong written and verbal communication skills, with the ability to communicate effectively with both business and technical audiences.
- A hands-on approach to controls, process improvement and operational excellence.
- Ability to build relationships, influence stakeholders and drive progress across business partners.
- Ability to work independently, prioritise effectively and adapt to changing demands and regulatory deadlines.
- A proactive mindset, with the confidence to take initiative and support change.
Benefits of working at Bank of America: UKAt 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 wellbeing 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
- Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
- 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 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.
