3 hours

Senior Financial Analyst - Fin Bus Support

Bank of America
Charlotte, NC
  • Job Code
Company Bank of America

Job Title Senior Financial Analyst - Fin Bus Support

Jobid bankofamerica-17032047CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**

The Global Regulatory Reporting Control Oversight (GRRCO) Review Senior Financial Analyst is responsible for assisting with governance and oversight of enterprise-wide internal control over regulatory reporting to mitigate the risk of material omissions, errors or weaknesses in internal control over regulatory reporting. This includes assisting with:

+ Project management, oversight and reporting

+ Maintenance and monitoring adherence to the regulatory reporting internal control methodology

+ Training and support for business partners on the application of the methodology

+ Determination and application of materiality and scoping

+ Development and maintenance of supporting infrastructure and technology

+ Documentation and assessment of internal control weaknesses and data errors or omissions

The position reports directly to GRRCO Manager in the Financial Control Oversight (FCO) organization.

About the GRRCO team

+ The GRRCO team is responsible for:

+ Developing a consistent control framework based on COSO principles in which regulatory reporting business processes must operate (e.g., consistency across Basel, CCAR, Y-9C, liquidity and other regulatory reports); Ensuring appropriate convergence/integration with existing control frameworks such as SOX Internal Control over Financial Reporting and other control, risk, compliance and audit policies/procedures and guidelines.

+ Deploying consistent guidelines for assessment of materiality; applying materiality to regulatory reports to determine in-scope areas; performing risk assessments and gap analysis with partners and prioritizing gap closure; consulting and advising senior management on execution of regulatory reporting within the internal control framework; evaluation of internal control findings and data errors or omissions for proper escalation and reporting, etc.

+ Providing assurance services through application of a risk based framework to review amounts included in regulatory reports to source records. Includes prioritization of attributes; application of sampling methodology; determining nature and timing of review procedures; executing reviews; assessing results for proper escalation and reporting, etc.

+ Prioritizing compliance with the recently issued Federal Reserve ruling requiring the CFO to make an attestation regarding the collection and preparation of the FR Y-14 A/Q/M reports and related internal controls.

+ Driving change by influencing and partnering with senior management across the organization, including Enterprise Scenario Planning and Execution, Regulatory Reporting, Enterprise Data Management, Balance Sheet Capital Management, Corporate Audit, Finance, Compliance, Operational Risk and others.


Required Skills

+ Bachelor's degree or equivalent (Accounting and/or Finance strongly preferred)

+ 3+ years of relevant audit, risk or compliance control experience, specifically in areas of accounting, finance, regulatory reporting or SOX internal controls.

+ Strong relationship management skills.

+ Proven ability to manage multiple and often competing priorities.

+ Strong executor that is able to drive progress on priorities and issues.

+ Ability to communicate in a clear and concise manner.

Desired Skills

+ Graduate degree and CPA designation

+ Strong MS PowerPoint skill

**Posting Date** : 05/10/2017

**Location** :


- United States

**Travel** : Yes, 5% of the time

**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.


  • Financial Services

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Senior Financial Analyst - Fin Bus Support

Bank of America
Charlotte, NC

Share this job

Senior Financial Analyst - Fin Bus Support

Bank of America
Charlotte, NC

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