Bank Of America Transaction Reporting Process Owner Project Lead 

United Kingdom, England, Chester 

720472392

Role Description:

This job is responsible for defining, providing and overseeing analytical processes for highly complex regulatory reporting for one or more operations product teams. Key responsibilities include managing complex projects and workstreams involving systems enhancements, process improvements, products and services. Job expectations include serving as a subject matter expert to other teammates and handling highly complex issues that require management and coordination across multiple stakeholders.

Responsibilities:

• Delivers highly complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, quality, and timeliness
• Defines and executes control practices, including compliance with all regulatory and policy requirements, including data quality standards
• Ensures that key risks, performance indicators, and desktop procedures are fully documented, in line with enterprise standards, reviewed on a regular basis and challenged and escalated where necessary
• Responds to inquiries from regulatory agencies and internal control partners (e.g., Audit and Compliance), and provides reporting, as needed
• Establishes credible, collaborative and influential relationships with key senior stakeholders, including FLU and Front Office partners
• Identifies, tracks, and remediates errors, breaches, data issues and control enhancements that impact the respective reports
• Coordinates the partnership with upstream process owners and data providers to improve data quality of regulatory reports, and with Non Financial Regulatory Reporting Interpretation and Technology teams to review and maintain data dictionaries for completeness of business requirements and ensure completeness of all operational and reporting requirements
• Covering delegate responsibilities for Process Owner within TRCG including all POP/SPI efforts.
• Implementing a Strategic approach to a significant portfolio or regulatory compliance work driving risk reduction plans and Opex Agenda
• Driving innovation and change both in process, risk management, culture and technology.
• Working closely with relevant senior internal stakeholders and external parties to ensure connectivity across functions and programs.
• Identifying and managing operational excellence opportunities across a wide variety of processes and functions
• Identify automation and strategic workflow tooling capabilities and execution

What we are looking for:

• Excellent collaboration and relationship management skills.
• Demonstrable evidence of stakeholder management and influence across all levels including senior management.
• Data Analytics - able to process and analyze complex data and articulate how that impacts processes and functions to assess and build recommendations
• Ability to handle diverse workload and tight schedules.
• Experience of Transaction Reporting and related products/businesses/Operations and/or related support functions, including good understanding of the end to end trade lifecycle and the associated processes within the support functions
• Change Management - must be capable of managing wholesale change programs that will cross over many teams within Markets and Operations.
• Excellent communication and presentation skills are essential and ability to communicate and flex communication styles across all levels
• Process mapping skills including MS Visio.
• Knowledge of Process Owner/POP/SPI

Skills that will help:

• Has a proven ability to apply strategic thinking to multiple, complex organizational and business issues, and has ability to translate into practical plans for project execution.
• Excels in working among diverse teams globally and to take on multiple viewpoints to make sound judgements and decisions/recommendations on the best solutions.

UK

• 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
• 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 etc.
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services.
• Access to an Employee Assistance Program for confidential support and help for everyday matters
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of the UK’s most iconic cultural institutions and exhibitions.
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.