Regulatory Reporting Consultant-Collateral Operations-Global Market Operations

Job Description:At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!Job Responsibilities:Provides analysis for one or more operations product areas in the delivery of moderately complex regulatory reporting and/or regulatory processing.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.Establish and maintain control processes to ensure the delivery of timely and accurate data.Manage daily activities ensuring adherence to the reporting requirements, and to the deadlines and quality standards established in the procedures.Work with Collateral Operations teams to analyze changes to the collateral management workflow, systems and processes.Work with Finance, Risk, Legal and Enterprise Reporting teams to understand, analyze and document changes to reporting requirements.Enable the team to eliminate and automate manual processes.Oversee inter-system reconciliations.Understand applicable laws, rules and regulations and the risks inherent in the business.Design and publish appropriate metrics for operations control.Required Skills:Strong understanding of financial markets with 2 or more years of experience in any of the following disciplines: Valuations, derivatives or fixed income lifecycle, regulatory reporting, operations, collateral management.Strong data mining and analysis skills; proficient in Tableau and Microsoft Excel.Methodical and organized mindset, with strong control background and attention to detail.Excellent verbal and written communication skills.Ability to present issues/ideas of high complexity in an easy to understand manner.Ability to meet deadlines and multi-task.Desired Skills and Experience:Bachelor's Degree.Prior operations experience in the specific functional/product areas.Management and Regulatory Reporting exposure.Shift:

1st shift (United States of America)Hours Per Week:

40

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