Regulatory Reporting Operations Professional
Company: Disability Solutions
Location: Charlotte
Posted on: October 10, 2024
Job Description:
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.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:This job is responsible for
providing analysis for one or more operations product areas in the
delivery of moderately complex regulatory reporting. Key
responsibilities include analyzing and resolving highly complex
operations problems, projects and initiatives, and contributing to
the resolution of highly complex problems. Job expectations include
coordinating across multiple operations functions and products with
the introduction of new initiatives, systems, products, services,
and processes.The Regulatory Reporting Operational Professional is
part of the Equity Aggregation team and is responsible for position
monitoring and preparation of non-financial regulatory disclosures
under the relevant regulatory reporting laws across multiple
regimes (substantial shareholdings, takeovers, short positions,
beneficial ownership notices and industry limits) for the Global
Markets and Wealth Management business divisions. They are
responsible for the analysis and resolution of highly complex
operations problems and initiatives requiring exceptional handling
and/or coordination of multiple operational and/or product
specialists to resolve. They may be required to contribute to
various projects and/or the introduction of new initiatives,
systems, products/services and processes and coordinate necessary
expertise across multiple operations functions and/or
products.Responsibilities:
- Delivers moderately complex 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
- Documents key risks, performance indicators, desktop
procedures, controls and metrics related to reporting, and executes
quality assurance, quality control, and report production tasks for
regulatory reports
- Supports the response to regulatory agencies and internal
control partners on inquiries and reporting breaches
- Participates in the representation of the reporting function to
control partners (e.g., Audit and Compliance)
- Identifies, tracks, and remediates errors, breaches, data
issues, and control enhancements that impact reports
- Contributes to the partnerships with key stakeholders,
including upstream process owners, data providers, and
Non-Financial Regulatory Reporting Interpretation and Technology
teamsRequired Skills:--- Experience in Equity Aggregation
Operations or Compliance (also known as Position Reporting,
Shareholding Disclosures, Disclosure of Interest)--- Knowledge of
key shareholding disclosure rules within the region of coverage---
Strong knowledge of financial markets, banking industry, equities
and derivative products.--- High level understanding of global
markets and wealth management business divisions.--- Strong
technical and data analytical skills (i.e., Excel, and other
similar applications) with experience in analyzing, managing and
reporting from large sets of structured data (e.g., books and
records data).--- Able to produce accurate work output and reports
under tight deadlines--- Communicates effectively in both oral and
written formats and tailors message appropriately to audience---
Demonstrated intellectual curiosity and operational excellence
experience--- Able to think critically to quickly analyze and
resolve issues--- Influences and delivers results through
collaborative relationship with key partners and stakeholders---
Works independently to prioritize work and deliver against
regulatory deadlines and a dynamic environment--- Able to
demonstrate a high level of integrity with a mature approach to
work--- Discrete when handling confidential informationDesired
Skills:--- Experience interacting with regulatory agencies and /or
reg exams.--- Regulatory reporting experience and/or experience in
a global markets regulatory reporting environment or exposure to
position/transaction processes/life cycle (other than Equity
Aggregation)--- Experience in technology implementation projects
including involvement in building new or enhancing existing systems
to meet complex reporting requirementsSkills:
- Problem Solving
- Reporting
- Attention to Detail
- Critical Thinking
- Data Quality Management
- Prioritization
- Risk Management
- Analytical Thinking
- Data Mining
- Decision MakingShift:1st shift (United States of America)Hours
Per Week: 40Pay Transparency detailsUS - NY - New York - 1133 Ave
Of The Americas - 1133 Ave Of The Americas (NY1533)Pay and benefits
informationPay range$65,000.00 - $130,000.00 annualized salary,
offers to be determined based on experience, education and skill
set.Discretionary incentive eligibleThis role is eligible to
participate in the annual discretionary plan. Employees are
eligible for an annual discretionary award based on their overall
individual performance results and behaviors, the performance and
contributions of their line of business and/or group; and the
overall success of the Company.BenefitsThis role is currently
benefits eligible. We provide industry-leading benefits, access to
paid time off, resources and support to our employees so they can
make a genuine impact and contribute to the sustainable growth of
our business and the communities we serve.
Keywords: Disability Solutions, Rock Hill , Regulatory Reporting Operations Professional, Accounting, Auditing , Charlotte, South Carolina
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