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Bank Of America Regulatory Reporting Manager 
United States, North Carolina, Charlotte 
913107919

12.07.2024

Job Description:

Job Description:
Responsible for directing the day-to-day finance activities involving regulatory reporting and accounting policy. Manages associates working with reporting requirements and guidelines of the SEC to maintain records and prepare required financial reports. Considered a working manager. In addition to supervisory / administrative duties, individuals are actively involved in the execution of processes. Assist management in the development and implementation of accounting policies and procedures.

The Global Regulatory Reporting (GRR) team is part of the CFO Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC and other regulators.

This Regulatory Reporting Manager position will be focused on critical reporting activities related to regulatory capital as well as key banking products including but not limited to loans, derivatives, and trading assets.

Responsibilities:

  • Detailed analysis and review of data reported on the FR Y-14Q,FR Y-14M,FR Y-9C, and FFIEC 031

  • Ensure the robustness of key reporting and process controls, including submission trend and variance analysis

  • Establish working relationships with data owners across multiple lines of business to validate understanding of reporting requirements and ensure complete and timely data submissions

  • Drive identification, remediation, monitoring and escalation of data issues for CRR as well as partner with Technology and Data Management Teams to drive improvements in data quality

Skills:

  • Data and Trend Analysis

  • Financial Accounting

  • Interpret Relevant Laws, Rules, and Regulations

  • Regulatory Compliance

  • Risk Management

  • Attention to Detail

  • Continuous Improvement

  • Financial Analysis

  • Project Management

Required Qualifications:

  • Strong understanding of regulatory capital and key banking products including but not limited to loans, derivatives, and trading assets

  • 6-10 years professional experience in accounting/finance

  • Ability to work effectively independently and as part of a team

  • Excellent verbal and written communication skills

  • Ability to manage multiple priorities

  • Accuracy and attention to detail

Desired Qualifications:

  • Bachelor’s degree (or higher) (finance or accounting highly preferred)

  • Understanding of current regulatory reporting rules and regulations

  • Prior experience in the financial services industry

  • CPA or CFA a plus

1st shift (United States of America)