Senior Financial Analyst
3 weeks ago
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Our company is committed to being a great place to work for our teammates around the world. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference.
Job Responsibilities:
- Prepare, review, and analyze data reported on U.S. regulatory reports (FR Y-9C, FFIEC 031, FR Y-14M, FR Y-14Q, FR Y-15).
- Execute key reporting and process controls, including period-over-period trends, variance analysis, and cross report reconciliations.
- Validate conformance with regulatory reporting instructions through a deep understanding of requirements and effective challenge of results.
- Drive identification, remediation, monitoring and escalation of issues impacting regulatory reporting as well as partner with Technology and Data Management Teams to drive improvements in data quality.
- Establish working relationships with data owners across multiple lines of business to support complete and timely data submissions.
- Provide support and subject matter expertise for data quality improvement and sourcing automation projects by communicating reporting requirements, performing UAT testing, and other activities as needed.
- The candidate must demonstrate initiative, a commitment to continuous learning, and the ability to adapt to changing demands and requirements.
- Provide guidance for interpreting and understanding complex regulatory requirements.
Requirements:
- 5 years of professional experience in Regulatory Reporting
- Knowledge and understanding of regulatory reporting instructions
- Analytical, critical thinking and problem-solving capabilities
- Strong technical accounting skills and knowledge
- Able to effectively manage multiple priorities while working both independently and as part of a team
- Excellent written and verbal communication skills
Preferred Qualifications:
- Degree in Accounting/Finance
Work Environment:
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.
The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
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