Bank Of America Reporting / Accounting Policy Manager 

United States, North Carolina, Charlotte 

547271616

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 Chief Financial Officer (CFO) Group

Global Regulatory Reporting (GRR)is responsible for preparation, review, and submission of U.S. financial regulatory reports for the bank, broker-dealer, and certain non-bank subsidiaries and works closely with business and finance partners across the organization to gather, analyze and prepare required regulatory reports. Regulatory reporting is an important enterprise-wide effort providing Company data to regulatory agencies for analytical and supervisory purposes.

Additionally, the role supports the AXIOM/ADS implementation and will support internal and external audit reviews as well as Second Line Operational Risk reviews.

Responsibilities include:

• Manage the production for FR Y-9C and FFEIC 031 with adherence with tight reporting deadlines.

• Monitor outstanding data and control issues and assess impact across regulatory reporting, drive remediation efforts and identify compensating controls to mitigate risk.

• Actively participate on strategic initiatives to deliver standardized and automated processes for regulatory reporting

• Prepare presentations for senior management, including governance processes that ensure the accuracy, completeness and relevance of reporting as well as variance analyses that explain fluctuations in terms of business events.

• Develop control reports for internal and external edit checks; review and validate business responses.

• Ensure effective change-management protocols are in place to monitor changes to reporting instructions and business products.

• Ensure compliance the Regulatory Reporting-Enterprise Policy.

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

RequiredQualifications:

• In-depth understanding of GAAP and bank regulatory reporting (FFIEC, FRB, FDIC and OCC)

• 15+ years of relevant finance experience in a large banking environment

• Organizationally savvy; can work across organizational lines to gain consensus and buy-in from stakeholders

• Execution-oriented; with ability to quickly organize work and execute with speed

• Excellent communication skills – written and verbal

• Strong team engagement and organizational skills

• Strong technical skills, ability to analyze large volumes of data

Desired Qualifications:

• BS in Finance or Accounting, MBA /CPA preferred - or equivalent work experience

1st shift (United States of America)