Bank Of America Vice President Regulatory Reporting Operations 

Singapore 

550795318

Job Description:

Job Description:
This job is responsible for providing analysis for one or more operations product areas in the delivery of moderately complex regulatory reporting and/or regulatory processing. Key responsibilities include analyzing and resolving highly complex operations problems, projects and initiatives, and contributing to the resolution of highly complex problems. Job expectations include coordinating across multiple operations functions and products with the introduction of new initiatives, systems, products, services, and processes.

As part of the larger Global Banking & Markets organization in Asia, the Non-Financial Regulatory Reporting team (APAC NFRR) governs and manages operational risk (people, process, systems and external event risks) and controls across various Banking and Markets operations units in Asia Pacific.

• Primary contact for the NFRR Program related Initiatives/Changes/Remediation
• Ensure changes
• Identify change implementation risks and ensure those are signed off by the respective stakeholders
• Communicate project risks and go to green plans to business leaders
• Working with report owners to facilitate implementation of changes.
• Ensuring that the regional governance model operates as designed including regional governance meetings with key stakeholders, the provision of metrics and reporting, follow up on issues
• Developing and producing metrics and analytics on regulatory reporting changes and issues, if any.
• Provide appropriate status communication to governance forums and relevant stakeholders
• Provide Regulatory Reporting Risk subject matter expertise for Technology & Operations areas
• Develop and maintain relationships with Operations, Technology, Audit, Compliance and other control groups

Responsibilities:• Delivers moderately complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, and timeliness

• Executes control practices, including compliance with all regulatory and policy requirements, including data quality standards

• Documents key risks, performance indicators, desktop procedures, controls and metrics related to reporting, and executes quality assurance, quality control, and report production tasks for regulatory reports

• Supports the response to regulatory agencies and internal control partners on inquiries and reporting breaches

• Participates in the representation of the reporting function to control partners (e.g., Audit and Compliance)

• Identifies, tracks, and remediates errors, breaches, data issues, and control enhancements that impact reports

• Contributes to the partnerships with key stakeholders, including upstream process owners, data providers, and Non-Financial Regulatory Reporting Interpretation and Technology teams

Skills:

• Problem Solving
• Reporting
• Attention to Detail
• Critical Thinking
• Data Quality Management
• Prioritization
• Risk Management
• Analytical Thinking
• Data Mining
• Decision Making

Required Skills:

• Strong communication skills and ability to build relationships at all levels
• Ability to work within a team environment and to stick to deadlines
• Strong MS Office skills, particularly Excel, PowerPoint, and SharePoint
• Ability to manage projects
• Experience of analyzing and documenting business processes, and developing solutions
• Experience of regulatory reporting processes
• Ability to analyze and manipulate data
• Critical thinking/analytical skills, challenge mindset
• Strong ability to document information and metrics in a concise, accurate, and well-presented way
• Banking experience in Technology, Operations, Compliance, Audit, Risk Background: N/A