Bank Of America Regulatory Change Policy Review Lead 

United Kingdom, England, Chester 

879484844

Role Description:

The Regulatory Change and Policy Review Lead will be responsible for ensuring appropriate rules and processes are in place to cover Global applicable jurisdictions.

Responsibilities:

• Support EPMD Regional Teams by providing timely review of regulatory change notifications across Global Jurisdictions and partner with key stakeholders in Compliance and Legal partners to ensure correct implementation into Reporting Platforms.
• Continuous review and challenge of existing monitoring/disclosure rules to ensure regulatory adherence.
• Coordinate with report preparer to validate the accuracy and completeness of applied regulations in rule configuration in reporting systems.
• Implement effective routines to ensure regulatory changes are understood, tracked, and documented, whilst holding key business and technology partners accountable.
• Provide expertise in new regulatory obligation onboarding and design operational readiness plans.
• Support Compliance and Legal stakeholders to partner with Regulators and External Counsel to ensure robust regulatory interpretation.
• Liaise with Trading Desks and different line of business to understand complex trade booking methodology, where required.
• Implement effective governance and oversight of Enterprise Position Monitoring & Disclosures processes.

What we are looking for:

• Extensive knowledge / Experience working in Position Monitoring and Disclosures
• Global Banking / Markets Operations experience – Ideally with knowledge of NFRR or similar regulatory mandate
• Ability to provide clear oral and written communication to a variety of business and technical audiences
• You will be accustomed to managing large volumes of data
• Ability to manage multiple stakeholders and prioritization efforts
• Ability to identify changes that have an impact across multiple process and stakeholders
• Ability to influence and drive progress across key business partners
• Ability to prioritize work and adapt to changing needs in a dynamic work environment
• Experience with regulatory programs – understanding requirements through to implementation
• Knowledge of Operations processing & regulatory requirements.
• Proficient with MS products: Word, Excel, PowerPoint, Project and Visio

Skills that will help (optional):

• Proficiency in process design / mapping would be advantageous
• Previous experience working collaboratively among diverse viewpoints to determine the best path forward, to better serve an evolving client base would be advantageous
• Commitment to challenging the status quo and promoting positive change, utilising new thoughts and ideas would be an advantage

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 virtual tutoring 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
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• 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 programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

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