About this role
Job Description
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 and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success.
This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description
This job is responsible for providing standard research, reporting and analytical support for the delivery of regulatory reporting. Key responsibilities include end-to-end reporting support for cross border payments, electronic transactions, sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives and over-the-counter derivatives across multiple lines of business. Job expectations include following the established procedures under general supervision and oversight, and assisting less experienced teammates.
An exciting opportunity has arisen for a Global Markets Regulatory Reporting Analyst to join our APAC Governed Reporting and Data (GRD) Global Markets NFRR Reporting team. Our team plays an important role in supporting the bank's regulatory reporting obligations across Global Markets products and key APAC jurisdictions, including China and Japan.
This role provides an opportunity to build expertise across Global Markets, regulatory reporting, data and operations, while working with a broad range of partners including Front Office, Operations, Compliance, Data and Technology. You will support the day-to-day delivery of regulatory reporting while also helping the team respond to new regulatory requirements, reporting changes and opportunities to improve and scale our processes.
We are looking for someone who is curious, analytical and comfortable taking ownership, someone who can connect the dots, solve problems and navigate across different teams to get to the right outcome.
Key responsibilities
- Support the accurate, complete and timely delivery of Global Markets regulatory reporting across applicable markets and regulators.
- Investigate and resolve reporting exceptions, data issues and operational challenges, working across teams to identify root causes and solutions.
- Build strong partnerships across Front Office, Global Markets Operations, Compliance, Data and Technology.
- Take ownership of assigned deliverables and initiatives, driving them from problem identification through to resolution.
- Support new and changing regulatory reporting requirements, including onboarding and changes to existing reporting processes.
- Identify opportunities to simplify, standardize and improve reporting processes and controls.
- Apply a strong risk and control mindset to the delivery of regulatory reporting.
- Contribute to projects and change initiatives that strengthen the scalability and sustainability of the reporting environment.
Responsibilities
- Delivers standard regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, and timeliness
- Executes control practices, including compliance with all regulatory and policy requirements, including data quality standards
- Identifies, tracks, and remediates errors and breaches, data issues and control enhancements that impact the respective reports
- Partners with upstream process owners and data providers to improve data quality of regulatory reports
Skills
- Collaboration
- Customer and Client Focus
- Innovative Thinking
- Oral Communications
- Prioritization
- Adaptability
- Attention to Detail
- Critical Thinking
- Business Acumen
Required Skills
What we are looking for:
- Strong problem-solving skills, with the ability to investigate issues, understand root causes and drive practical solutions.
- Strong analytical skills with the ability to interpret data, identify discrepancies and recognize trends.
- A strong risk and control mindset, with attention to accuracy and detail.
- Ability to work independently, manage competing priorities and take ownership of deliverables.
- Strong stakeholder-management skills and confidence working across different teams and functions.
- Clear and effective written and verbal communication.
- Intellectual curiosity and a willingness to understand not only what needs to be done, but why.
- An agile and adaptable mindset, with the ability to respond positively to changing regulatory, business and technology requirements
Desired Skills: Skills that will help (optional):
- Previous experience in Global Markets, regulatory reporting, or a related financial-services environment.
- Understanding of financial markets products and/or the transaction lifecycle.
- Microsoft Excel experience and familiarity with data-management or analytical tools.
- Experience working with large or complex datasets.
- Experience supporting process improvement, automation, migrations or transformation initiatives.
- Experience managing multiple projects or deliverables simultaneously.
- Exposure to regulatory requirements, policies and control frameworks would be an advantage.