3 hours
2017-12-122018-01-11

Regulatory Reporting Product Specialist

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17056826CharlotteNC
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Company Bank of America

Job Title Regulatory Reporting Product Specialist

Jobid bankofamerica-17056826CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



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.



Responsibilities



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



Qualifications



+ 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



Desired Skills:



+ CPA

+ Familiarity with SAP general ledger

+ Familiarity with bank regulatory reporting requirements

+ Familiarity with researching financial reporting/ accounting technical requirements



**Posting Date** : 08/15/2017



**Location** :

Charlotte, NC, TRANSAMERICA SQUARE, 401 N TRYON ST,

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



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Regulatory Reporting Product Specialist

Bank of America
Charlotte, NC

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Regulatory Reporting Product Specialist

Bank of America
Charlotte, NC

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