Job Description:
Job Description:
You will play a key role in ensuring our financial integrity and regulatory compliance. This role provides exposures to multiple business functions, giving you a strong foundation in regulatory frameworks, operational risk, and process optimization.
Responsibilities:
Business and Operations:
- Understand the local rules and regulations that governs the submission of regulatory reports.
- Understand the reporting requirements for the reports in scope.
- Identify the required data sources to be used in the report preparation.
- Come up with and document the process to create and prepare the report.
- Prepare and submit the reports before the deadline.
Risk and Compliance:
- Understand and implement changes resulting from regulatory mandates, including regulatory reporting and onshore processing requirements.
- Is thorough with the requirements and demands of regulatory reporting and dealing with frequent changes in this space.
- Provide regulatory and audit exam management in partnership with Compliance for internal and external reviews.
- Manage the operational risk with stable operations and full compliance to local and global regulations.
- Satisfactory audits, reviews, exams (internal and Regulator driven)
Skills:
- Minimum 3 years of experience in local regulatory reporting and familiar with banking regulations and financial reporting standards.
- Strong analytical skills with attention to details.
- Proficiency in financial reporting software and excel.
- Familiarity with banking transaction process flow and general banking knowledge.
- Ability to manage and communicate with the regulators.
- Proven stakeholder relationship/influence management skills to achieve swift adoption through close partnership.
- Comfort working in a collaborative team environment.
- Ability to work in a high pressure and fast changing environment.
- Ability to manage alliances, client relationships, cross functional initiatives and process integration within the geography covered.
- Absolute team player and evidence of character consistent with Bank of America’s core values.