Bank of America
Global Regulatory Reporting Governance & Control Executive
Bank of America, Charlotte, North Carolina, United States, 28245
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Global Regulatory Reporting Governance & Control Executive
Apply
locations
Charlotte
time type
Full time
posted on
Posted 4 Days Ago
job requisition id
24042637
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!Line of Business Job Description :This role aligns to the Global Regulatory Reporting (GRR) Transformation & Conformance Team within the CFO Global Financial Control (GFC) department. GRR’s purpose is to drive high quality regulatory reports through operationally efficient processes to support the production of various regulatory reports as required by Regulatory authorities. The primary responsibility for this role is to lead the global Governance & Control function. This individual would lead a team across locations and will work closely and regulatory reporting report owners, second and third lines of defense, and the CFO Operational Risk and Controls Oversight team. The role will have responsibility for transforming the Governance & Control function to ensure a sustainable approach towards adequate monitoring of regulatory policy adherence, regulatory change management, issues management, and process performance.Responsibilities:Assess the Governance & Control operating model, design and execute on enhancements that drive towards global consistency (as appropriate) and leverages our global footprintLead team in execution of governance routines globallyEnsure issues are being remediated in a timely manner as set out in the issues action plans and that closure is subject to proper tollgate reviewsServe as the primary point of contact and partner with Observation Management lead for presentations at CFO-wide issues management routinesEnsure GRR adherence to the Regulatory Reporting - Enterprise policyProvide guidance and direction on regulatory reporting and other inquiries that may ariseSet strategic vision for GRR Training program for team to executeAssist in preparation of regulator communications and participate in regulator meetingsEngage with internal stakeholders, including 2nd Line and 3rd LineManagerial Responsibilities:This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.Diversity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company D&I goals.Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.Required Qualifications:10-15 years experience in financial reporting with an understanding of our regulatory environmentProven direct leadership experience of managing a team across locationsDemonstrates ability to lead through changeDemonstrates a healthy skepticism towards reviewing issue remediation plans and evidenceStrong controls mindsetStrong written and verbal communicationCommitted to continuous improvement of team operating modelsDemonstrated ability to interact with 2nd and 3rd lines of defense in a constructive mannerProven ability to work in a collaborative environment to achieve stated objectivesDesired Qualifications:Master’s degree or CPAPrior audit experiencePrior governance and/or issue management experienceExperience in providing thought leadershipSkills:Critical ThinkingAbility to think end-to-endControl minded, asks questionsSelf-motivated and self-directedExcellent time management skills, works under deadlinesAbility to drive changeDecision MakingExecutive PresenceTalent DevelopmentIssue ManagementOral CommunicationsWritten CommunicationsAnalytical ThinkingPresentation SkillsRegulatory ComplianceShift:1st shift (United States of America)
Hours Per Week:40
Similar Jobs (1)
Global Regulatory Reporting Conformance Program & Observation Management Executive
locations
Charlotte
time type
Full time
posted on
Posted 30+ Days AgoBank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.
Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.Regardless of the position you are interested in, the starting points to building your resume are the same:1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications.2. Think about why you can do the job and make a list of your skills that are relative to the job.3. Identify experiences or accomplishments that show your proficiency in the skills required for the job.4. Summarize your abilities, accomplishments and skills into a brief, concise document.
Considerations when writing a resume• Do be brief. Resumes should be 1-2 pages in length.• Do be upbeat and active in your wording.• Do emphasize what you have done clearly and concretely.• Do be neat and well organized.• Do have others proofread and critique your resume. Spell check. Make it error free.• Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.• Don't be dishonest, always tell the truth about yourself in the most flattering light.• Don't include salary history or requirements.• Don't include references.• Don't include accomplishments that do not support your professional goals.•
Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)• Don't use italics, underlining, shadows or other fancy treatments.Seven steps to a successful interview1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.
#J-18808-Ljbffr
Global Regulatory Reporting Governance & Control Executive
Apply
locations
Charlotte
time type
Full time
posted on
Posted 4 Days Ago
job requisition id
24042637
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!Line of Business Job Description :This role aligns to the Global Regulatory Reporting (GRR) Transformation & Conformance Team within the CFO Global Financial Control (GFC) department. GRR’s purpose is to drive high quality regulatory reports through operationally efficient processes to support the production of various regulatory reports as required by Regulatory authorities. The primary responsibility for this role is to lead the global Governance & Control function. This individual would lead a team across locations and will work closely and regulatory reporting report owners, second and third lines of defense, and the CFO Operational Risk and Controls Oversight team. The role will have responsibility for transforming the Governance & Control function to ensure a sustainable approach towards adequate monitoring of regulatory policy adherence, regulatory change management, issues management, and process performance.Responsibilities:Assess the Governance & Control operating model, design and execute on enhancements that drive towards global consistency (as appropriate) and leverages our global footprintLead team in execution of governance routines globallyEnsure issues are being remediated in a timely manner as set out in the issues action plans and that closure is subject to proper tollgate reviewsServe as the primary point of contact and partner with Observation Management lead for presentations at CFO-wide issues management routinesEnsure GRR adherence to the Regulatory Reporting - Enterprise policyProvide guidance and direction on regulatory reporting and other inquiries that may ariseSet strategic vision for GRR Training program for team to executeAssist in preparation of regulator communications and participate in regulator meetingsEngage with internal stakeholders, including 2nd Line and 3rd LineManagerial Responsibilities:This position may also have responsibilities for managing associates. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.Diversity & Inclusion Champion: Breaks down barriers to create a more inclusive environment that supports company D&I goals.Manager of Process & Data: Challenges end-to-end process efficiency and effectiveness, champion data driven decision-making and removes obstacles to optimize operations.Enterprise Advocate & Communicator: Contributes to enterprise strategy and influence messaging to connect team contributions to business purpose, results, and success.Risk Manager: Inspects and challenges risk controls, governance and culture to ensure the timely identification, escalation, debate and remediation of risk across the organization.People Manager & Coach: Coaches to sustain and elevates organizational performance while differentiating to ensure pay for performance.Financial Steward: Efficiently allocates and manages resources across the organization to drive short and long term profitability.Enterprise Talent Leader: Inspects and manages the health of the bench to ensure succession for the organization, while supporting enterprise talent needs.Driver of Business Outcomes: Mobilizes organizational resources to deliver the full range of the bank’s capabilities to meet client needs and to gain competitive advantage.Required Qualifications:10-15 years experience in financial reporting with an understanding of our regulatory environmentProven direct leadership experience of managing a team across locationsDemonstrates ability to lead through changeDemonstrates a healthy skepticism towards reviewing issue remediation plans and evidenceStrong controls mindsetStrong written and verbal communicationCommitted to continuous improvement of team operating modelsDemonstrated ability to interact with 2nd and 3rd lines of defense in a constructive mannerProven ability to work in a collaborative environment to achieve stated objectivesDesired Qualifications:Master’s degree or CPAPrior audit experiencePrior governance and/or issue management experienceExperience in providing thought leadershipSkills:Critical ThinkingAbility to think end-to-endControl minded, asks questionsSelf-motivated and self-directedExcellent time management skills, works under deadlinesAbility to drive changeDecision MakingExecutive PresenceTalent DevelopmentIssue ManagementOral CommunicationsWritten CommunicationsAnalytical ThinkingPresentation SkillsRegulatory ComplianceShift:1st shift (United States of America)
Hours Per Week:40
Similar Jobs (1)
Global Regulatory Reporting Conformance Program & Observation Management Executive
locations
Charlotte
time type
Full time
posted on
Posted 30+ Days AgoBank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure.
Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.Regardless of the position you are interested in, the starting points to building your resume are the same:1. Determine the job or types of jobs you want to do and research their responsibilities and qualifications.2. Think about why you can do the job and make a list of your skills that are relative to the job.3. Identify experiences or accomplishments that show your proficiency in the skills required for the job.4. Summarize your abilities, accomplishments and skills into a brief, concise document.
Considerations when writing a resume• Do be brief. Resumes should be 1-2 pages in length.• Do be upbeat and active in your wording.• Do emphasize what you have done clearly and concretely.• Do be neat and well organized.• Do have others proofread and critique your resume. Spell check. Make it error free.• Do use high quality, white or light colored 8½ x 11 paper. Use a laser printer if possible.• Don't be dishonest, always tell the truth about yourself in the most flattering light.• Don't include salary history or requirements.• Don't include references.• Don't include accomplishments that do not support your professional goals.•
Don't include anything that isn't relevant. (For example, don't mention your fondness for swimming unless you want to work on the water.)• Don't use italics, underlining, shadows or other fancy treatments.Seven steps to a successful interview1. Anticipate –Put yourself in the interviewer's position. What do you believe the interviewer is most interested in? Why do you think you have been invited to interview?2. Research –What are the primary functions of the line of business? What are the success factors for the job? Is there a job description available?3. Assess –Think about your skills, abilities, knowledge, interests, traits, values and accomplishments. Match them to what you know about the job. Consider which ones you should highlight.4. Prepare Answers –Think about what the interviewer may ask, determine what the best answer is and write it down.5. Prepare Questions – Interviewing is a two-way street. By asking thoughtful questions, you communicate your interest and learn a lot about the job. Choose two or three questions to ask your interviewer. Avoid asking a lot of questions about vacation time or breaks.6. Practice – It may seem awkward, but it is the best way to come across well in an interview. Practice your own "great responses" with others or in front of a mirror until you appear relaxed and at ease.7. Follow-up – Send a brief follow-up letter to the interviewer. Keep in mind that the many job searchers will not send a follow-up letter. Sending one can become a competitive advantage.
#J-18808-Ljbffr