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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
RESPONSIBILITIES:
Identify automation opportunities to drive change by implementing strategic solutions to enhance operational efficiency, transparency and accuracy while reducing operational risks across broker dealer reporting and major banking regulatory reports.Develop strong understanding of scope for relevant product (report blast pattern) and associated regulatory instructions.Develop strong understanding of product and key data elements required to drive reporting.Work with PMO to stand up project charter.Work with reporting team and senior members of CRR change team to develop strong understanding of current process and pain points.Work with key stakeholders to drive Business Requirement Documentation and to ensure functional requirement & design meets requirement and achieves Program stated benefits.Assess and escalate Program risks and remediation steps required to address.Maintain multiple large scale change programs including data sourcing from authorized data stores, report automation and capital & reserve calc automation.Deliver solutions to help streamline data sourcing, automate report production and enhance analytical capabilities.Assess complex current state regulatory reporting processes and infrastructure to design target state architecture and identify risks and inadequacies.Create a vision and roadmap for a program with horizontal and vertical impacts based on industry trends and strategic direction in order to achieve business value.Utilize understanding of broker dealer reporting and US Regulatory Filing instructions for Call Report, FR Y-9C, FFIEC 009, FR 2510, 14Q, FOCUS, and FR Y-15.Remote work may be permitted within a commutable distance from the worksite.REQUIREMENTS:
Master's degree or equivalent in Information Management, Finance, Accounting or related: and5 years of experience in the job offered or a related Quantitative occupation.Must include 5 years of experience in each of the following:Maintaining multiple large scale change programs including data sourcing from authorized data stores, report automation and capital & reserve calc automation;Delivering solutions to help streamline data sourcing, automate report production and enhance analytical capabilities;Assessing complex current state regulatory reporting processes and infrastructure to design target state architecture and identify risks and inadequacies;Creating a vision and roadmap for a program with horizontal and vertical impacts based on industry trends and strategic direction in order to achieve business value; and,Utilizing understanding of broker dealer reporting and US Regulatory Filing instructions for Call Report, FR Y-9C, FFIEC 009, FR 2510, 14Q, FOCUS, and FR Y-15.If interested apply online at www.bankofamerica.com/careers or email your resume to bofajobs@bofa.com and reference the job title of the role and requisition number.
EMPLOYER: Bank of America N.A.
Shift:
1st shift (United States of America)Hours Per Week:Â
40