Program Manager-Finance Solutions (Regulation K Program Manager-CFO)

Bank of America • Charlotte, NC

2d • Onsite

About The Position

Bank of America’s Legal Entity Executive Group (LEEG), within the Chief Financial Officer (CFO) organization, is seeking a senior leader to support management of the company’s Enterprise Regulation K Program. Regulation K governs international operations of U.S. banking organizations, including activities conducted through foreign branches, Edge Act corporations, certain foreign subsidiaries and investments, and establishes requirements for permissible activities, investments, limits, reporting and other matters.

The role supports the enterprise framework for consistent implementation, monitoring and oversight of Regulation K requirements across impacted Front-Line Units, Control Functions and legal entities. The position partners with stakeholders across global lines of business, Finance, Legal and Risk to support effective governance, processes, controls, monitoring, reporting and escalation. It offers enterprise exposure and the opportunity to influence the company’s management of a complex regulatory framework across businesses, functions, legal entities and geographies.

This position also oversees associates as a team lead. Responsibilities include fostering inclusion, promoting process and data excellence, communicating enterprise decisions, maintaining risk discipline, coaching employees, managing expenses and budgets, developing talent, and delivering business outcomes through effective prioritization and delegation.

Requirements

• At least 7 years of experience in the financial services industry, with experience in regulatory program management, governance, policy management, risk management, controls, compliance, finance, audit and/or process management.
• Bachelor’s degree in Finance, Accounting, Business or a related field.
• Strong leadership skills, including experience managing or supervising a team.
• Demonstrated experience developing, implementing or managing governance, policy, risk or control frameworks.
• Ability to manage multiple complex initiatives, stakeholders, deliverables and deadlines.
• Strong written and verbal communication and presentation skills, including experience communicating with senior management.
• Strong analytical, critical-thinking and problem-solving skills.
• Strong collaboration and stakeholder-management skills, with the ability to influence across businesses and functions.
• Strong organizational, program and project management capabilities.
• Proficiency with Microsoft Office, including Excel and PowerPoint.

Nice To Haves

• Knowledge of the U.S. regulatory framework applicable to large, globally active financial institutions.
• Experience interpreting regulatory or policy requirements and translating them into governance, processes, controls, monitoring and reporting.
• Understanding of Bank of America’s legal entity structure and activities across Lines of Business and Control Functions, particularly international operations.
• Experience with enterprise policy management, process and control design, monitoring, issue management or regulatory remediation.
• Familiarity with Regulation K and/or regulatory requirements governing international banking operations, foreign branches, Edge Act corporations or foreign investments.
• Experience with process design and automation, including tools such as Alteryx, Tableau, Workiva and Microsoft 365 Copilot.

Responsibilities

• Lead the day-to-day management and continued development of the Regulation K Enterprise Program, supporting the Reg K Executive in establishing an enterprise framework for governance, oversight, monitoring, reporting and escalation.
• Manage and maintain the Regulation K Enterprise Policy, including periodic reviews and enhancements to ensure requirements, roles and accountabilities are clear and appropriately reflected. Support annual review and governance through the Reg K Governance Forum and CFO Risk Committee.
• Support enterprise Regulation K governance and management routines, including preparing materials and reporting for the Reg K Governance Forum and other senior management forums; facilitate identification, discussion, escalation and remediation of Regulation K matters.
• Partner with Front-Line Units and Control Functions to ensure appropriate processes and controls meet Regulation K Program requirements.
• Develop and administer the enterprise Regulation K monitoring framework, including attestations, collection and assessment of supporting artifacts, management reporting and follow-up on identified matters, in coordination with Front-Line Units and Control Functions.
• Drive continuous improvement by identifying opportunities to enhance governance, strengthen controls and reporting, simplify processes, improve data quality and evidence, and use automation and technology to improve program effectiveness and sustainability.
• Develop enterprise partnerships and serve as a key Regulation K program contact for impacted stakeholders, connecting regulatory requirements with business processes and enterprise governance expectations.
• Model an inclusive environment for employees and clients aligned with company Great Place to Work goals.
• Demonstrate process knowledge, operational excellence and innovation through simplicity, data-based decision-making and continuous improvement.
• Communicate enterprise decisions, purpose and results, connecting them to team strategy, priorities and contributions.
• Ensure appropriate risk discipline, controls and culture are in place to identify, escalate and debate issues.
• Provide inspection, coaching and feedback to motivate, differentiate and improve employee performance.
• Manage expenses and budgets in alignment with objectives and make sound financial decisions.
• Assess talent and build bench strength for roles across the organization.
• Deliver results through effective prioritization, inspection and appropriate delegation of teamwork.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior