Bank of America Regulatory Reporting Product Specialist in Charlotte, North Carolina
The Centralized Regulatory Reporting (CRR) 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. CRR is seeking a highly motivated individual for a Senior Financial Analyst position seeking to expand their knowledge and expertise.
This position is responsible for analysis, interpretation, and documentation of the application of U.S. regulatory reporting requirements focused on specific banking products in order to ensure adherence to requirements. Interpretation and application of regulatory requirements require extensive collaboration with all levels of business partners and regulatory agencies.
The successful candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:
Research, analyze, and interpret changes in US regulatory requirements
Provide guidance for complex regulatory requirements, including translation and application of such into reports
Communicate and document the rationale for interpretation and application of regulatory requirements
Review and/or revise application of regulatory requirements across varying US regulator reports
Examine financial information and data attributes provided by Regulatory Reporting team and other line of business members for disclosure in the Company's external regulatory reports
Work closely with teams across the organization including: Enterprise Stress Test, Lines of Business, Operations & Technology, Risk, Compliance, Financial Controls and Oversight, and other GFC teams to resolve regulatory reporting issues
Be a quick learner and possess intellectual curiosity and proactively investigate issues
Strive for quality and accuracy
5 to 8 years of accounting related experience
Bachelor degree in Accounting/Finance
Strong understanding of balance sheet, income statement and banking products
Strong analytical, problem solving capabilities
Strong technical accounting skills and knowledge
Ability to work independently to meet deadlines
Excellent verbal and written, including well-developed presentation skills
Ability to collaborate with teammates and business partners
Ability to proactively identify problems and develop solutions
Strong Excel and PowerPoint skills
Familiarity with SAP general ledger
Familiarity with bank regulatory reporting requirements
Familiarity with researching financial reporting/ accounting technical requirements
Posting Date : 08/15/2017
Charlotte, NC, TRANSAMERICA SQUARE, 401 N TRYON ST,
- United States
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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