Vice President; Senior Regulatory Reporting Controller
Bank of America, Charlotte, NC, United States
Job Overview
This role is responsible for reviewing regulatory returns for locally regulated legal entities, including broker dealers, swap dealers, and other legal entities. Key responsibilities include overseeing control processes, variance analysis, preparing data submissions, and supporting change initiatives. Expectations include preparing and analyzing financial reports, resolving issues (data, process, system), performing risk analysis, working with a team, and maintaining clear communication.
Responsibilities
Perform key controls, analyze and validate large quantities of data, proactively manage issues, and review reports prior to filing with the Federal Reserve, OCC, FDIC, and other regulators.
Provide supervision and subject‑matter expertise for quality assurance reviews, audits, governance routines, and other ad‑hoc activities across the Global Regulatory Reporting department.
Establish work relationships with data owners across multiple lines of business to validate understanding of reporting requirements for the FR Y‑14Q, FR Y‑9C, and FFIEC 031 reports.
Drive identification, remediation, monitoring, and escalation of data issues for the Global Regulatory Reporting department and partner with Technology and Data Management Teams to improve data quality.
Remote work may be permitted within a commutable distance from the worksite.
Required Skills & Experience
Bachelor's degree or equivalent in Business Administration, Accounting, Economics, Finance, or related.
6 years of progressively responsible experience in the job offered or a related finance occupation.
6 years of experience in each of the following areas:
Utilizing a strong understanding of banking products to apply analytical, critical thinking, and problem‑solving capabilities to the analysis and review of financial regulatory reports prior to submission to regulators.
Applying strong technical accounting skills and knowledge to drive identification, remediation, monitoring, and escalation of issues impacting regulatory reporting.
Leveraging deep knowledge of regulatory reporting instructions to validate conformance with requirements and perform an effective challenge of the accuracy of reported data.
Effectively managing multiple priorities while working both independently and as part of a team responsible for producing financial regulatory reports.
Alternative: a Master’s degree and 4 years of experience may be accepted.
Shift & Hours
Shift: 1st shift (United States). Hours per week: 40.
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This role is responsible for reviewing regulatory returns for locally regulated legal entities, including broker dealers, swap dealers, and other legal entities. Key responsibilities include overseeing control processes, variance analysis, preparing data submissions, and supporting change initiatives. Expectations include preparing and analyzing financial reports, resolving issues (data, process, system), performing risk analysis, working with a team, and maintaining clear communication.
Responsibilities
Perform key controls, analyze and validate large quantities of data, proactively manage issues, and review reports prior to filing with the Federal Reserve, OCC, FDIC, and other regulators.
Provide supervision and subject‑matter expertise for quality assurance reviews, audits, governance routines, and other ad‑hoc activities across the Global Regulatory Reporting department.
Establish work relationships with data owners across multiple lines of business to validate understanding of reporting requirements for the FR Y‑14Q, FR Y‑9C, and FFIEC 031 reports.
Drive identification, remediation, monitoring, and escalation of data issues for the Global Regulatory Reporting department and partner with Technology and Data Management Teams to improve data quality.
Remote work may be permitted within a commutable distance from the worksite.
Required Skills & Experience
Bachelor's degree or equivalent in Business Administration, Accounting, Economics, Finance, or related.
6 years of progressively responsible experience in the job offered or a related finance occupation.
6 years of experience in each of the following areas:
Utilizing a strong understanding of banking products to apply analytical, critical thinking, and problem‑solving capabilities to the analysis and review of financial regulatory reports prior to submission to regulators.
Applying strong technical accounting skills and knowledge to drive identification, remediation, monitoring, and escalation of issues impacting regulatory reporting.
Leveraging deep knowledge of regulatory reporting instructions to validate conformance with requirements and perform an effective challenge of the accuracy of reported data.
Effectively managing multiple priorities while working both independently and as part of a team responsible for producing financial regulatory reports.
Alternative: a Master’s degree and 4 years of experience may be accepted.
Shift & Hours
Shift: 1st shift (United States). Hours per week: 40.
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