Global Regulatory Reporting – Sr Transformation Lead (CFO)

Bank of America•Charlotte, NC

1d•Onsite

About The Position

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 an 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. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: The US Global Regulatory Reporting Team (GRR) performs a vital role within the broader Global Financial Control (GFC) organization and is responsible for the preparation, validation, review and submission of approximately 80 US Regulatory Reports across multiple entities including but not limited to BAC, BANA, BAC’s Non-Bank Subsidiaries and the US Broker Dealer. GRR is seeking a Product Delivery Lead to help drive GFC’s multi-year transformation effort focused on design and delivery of GRR’s strategic architecture, remediation of upstream data quality issues, in-line control automation and improving the accuracy of the Bank’s financial regulatory reports. This job is responsible for leading and driving GFC’s multi-year transformation effort focused on design and delivery of GRR’s strategic architecture dedicated towards the automation of the Bank’s financial regulatory reports, remediation of upstream data quality issues, in-line control automation, improving accuracy and reducing operational risks.

Requirements

5-7 years experience operating in a Business Analyst/PMO capacity driving transformational change within Finance
Bachelor’s degree in finance or accounting
Strong working knowledge of Regulatory Reporting processes and controls
In depth knowledge of banking products and US GAAP accounting
Excellent communication and project management skills
Creative thinker, thinks outside the box and challenges status quo
Analytical mindset able to resolve complex issues
Strong communication skills (written, verbal and interpersonal) including tact, diplomacy and ability to influence senior executives
Integrity, maturity, dependability and positive professional attitude

Nice To Haves

Experience delivering change across multiple finance functions including, but not limited to, capital, liquidity and regulatory reporting
MBA or Masters
Experience in a financial regulatory report production role
Skills: Data and Trend Analysis Financial Accounting Interpret Relevant Laws, Rules, and Regulations Regulatory Compliance Risk Management Attention to Detail Continuous Improvement Financial Analysis Project Management Reporting Analytical Thinking Oral Communications Regulatory Relations Stakeholder Management Written Communications

Responsibilities

Drive delivery execution including Business Requirements, Functional Requirements, testing, project governance, monitoring/escalating risks and supporting operational readiness activities.
Manage team of technical Business Analysts and Testing Analysts located in India responsible for functional design and performing UAT.
Ensure business requirements and design meet regulatory instructions and business process efficiency goals.
Work in close collaboration with key stakeholders at all levels of the organization to develop multi-year roadmap and prioritization of BoW.
Develop deep understanding of current process and underlying operational risk.
Rationalize existing manual processes, document root cause drivers and define path to remediation.
Develop multi-year roadmap.
Lead and drive Operational Excellence efforts more broadly across GRR to identify opportunities to reduce operational risk, simplify processes and drive operational efficiency leveraging process re-engineering and emerging technology tools (ie, Alteryx, Tableau).
Supports Financial Regulatory Reporting Transformation Executive in setting strategic direction for GRR, with a heavy focus on Target Operating Model, global consistency, organizational model and location strategy.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume