Bank Of America Senior Financial Analyst - Reporting/Accounting Policy 

United States, North Carolina, Charlotte 

864935271

Job Description:

Job Description:
Responsible for more complex finance activities involving regulatory reporting and accounting policy. Must have strong knowledge of the SEC reporting requirements and guidelines to maintain records. Prepares required financial reports. Supports achievement of business goals by working on more complex activities or projects with others within the unit and with partners. Leads projects and coordinates resources. May provide supervision to a small staff. Can manage partner relationship.

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 Senior Financial Analyst position will be responsible for executing complex regulatory reporting processes to support the firm’s delivery of accurate financials to regulators. Must have a strong desire to support critical, high profile financial reporting deliverables through report preparation, review, and analysis. This position is also responsible for interpretation, documentation, research, and extensive collaboration with business partners to ensure accuracy and conformance with U.S. regulatory reporting requirements. Additionally, this role will provide ad hoc support and subject matter expertise for projects, audits, governance routines, and other activities across GRR.

Responsibilities:

• Prepare, review, and analyze data reported on U.S. regulatory reports (FR Y-9C, FFIEC 031, FR Y-14M, FR Y-14Q, FR Y-15).

• Execute key reporting and process controls, including period-over-period trends, variance analysis, and cross report reconciliations.

• Validate conformance with regulatory reporting instructions through a deep understanding of requirements and effective challenge of results.

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

• Establish working relationships with data owners across multiple lines of business to support complete and timely data submissions.

• Provide support and subject matter expertise for data quality improvement and sourcing automation projects by communicating reporting requirements, performing UAT testing, and other activities as needed.

• The candidate must demonstrate initiative, a commitment to continuous learning, and the ability to adapt to changing demands and requirements.

• Provide guidance for interpreting and understanding complex regulatory requirements.

Skills:

• Analytical Thinking

• Controls Management

• Financial Accounting

• Financial Analysis

• Reporting

• Attention to Detail

• Oral Communications

• Policies, Procedures, and Guidelines Management

• Risk Management

• Written Communications

Required Qualifications:

• 5+ years of professional experience in Regulatory Reporting

• Knowledge and understanding of regulatory reporting instructions

• Analytical, critical thinking and problem-solving capabilities

• Strong technical accounting skills and knowledge

• Able to effectively manage multiple priorities while working both independently and as part of a team

• Excellent written and verbal communication skills

Desired Qualifications:

• Degree in Accounting/Finance

1st shift (United States of America)