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 is core to how we drive Responsible Growth. This includes our commitment to being a diverse and 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:
Prepares legal entity, balance sheet, liquidity, capital and FX reports filed with regulators and variance analysis. Prepare regulatory calculations, performs and documents control processes for local Banks, Broker Dealers and other legal entities, prepares/reviews data submissions for regulatory reporting teams.

The Regulatory Reporting Controller II role is within the GRR Broker Dealer organization responsible for the preparation of Regulatory Reporting calculations (SEC Rule 15c3-3) for locally regulated entities including broker dealers, swap dealers and other legal entities. Responsible for performing and documenting control processes, and the preparation of data submissions for regulatory reporting teams.

Responsibilities:

This job is responsible for the preparation of Regulatory Reporting for locally regulated entities including broker dealers, swap dealers and other legal entities. Key responsibilities include performing and documenting control processes, performing variance analysis, preparing data submissions for regulatory reporting teams, and regulatory change initiatives. Key expectations include the ability to prepare and analyze financial reports, perform risk analysis, proficiency within Microsoft suite, be able to work within a team setting and independently, and be an effective communicator.

- Prepares complete and accurate regulatory reporting calculations in a timely manner

- Prepares reconciliations and variance analysis for daily/monthly computations

- Prepares and reviews trend and analytical reporting related to Broker Dealer computations

- Works with internal controls functions and External Auditors

- Assists with local regulators and other regulatory examination inquires

- Supports regulatory change projects in testing and documentation

- Supports Operational Excellence (OpEx) initiatives to streamline processes improvements

Skills:

Analytical Thinking

Controls Management

Financial Accounting

Financial Analysis

Reporting

Attention to Detail

Oral Communications

Policies, Procedures, and Guidelines Management

Risk Management

Written Communications

Continuous Improvement

Interpret Relevant Laws, Rules, and Regulations

Project Management

Regulatory Compliance

Stakeholder Management

Required Qualifications:

Minimum 2 years of relevant professional experience in accounting/finance

Strong financial analytics skills with attention to detail

Advanced skills within the Microsoft suite specifically related to Excel, Word, and PowerPoint

Candidate must be able to work both independently and as team member

Self-Starter with strong communication and presentation skills

Desired Qualifications:

Bachelors' degree in Accounting/Finance

Previous experience in the financial services industry

FINRA Series 99 or 27

CPA or equivalent a plus

Shift:

Hours Per Week: