Regulatory Reporting Operations Analyst

At Bank of America, we are committed to providing our clients with exceptional financial services while adhering to all regulatory requirements. As a Regulatory Reporting Operations Analyst, you will play a crucial role in ensuring the accuracy and timeliness of our regulatory reports. We are seeking a highly motivated individual who is detail-oriented, analytical, and has a strong understanding of regulatory reporting requirements. If you are looking for a challenging and rewarding career in the banking industry, this may be the perfect opportunity for you. Join our team and help us maintain our commitment to regulatory compliance.

1. Ensure timely and accurate completion of all regulatory reports required by Bank of America.
2. Monitor changes to regulatory reporting requirements and proactively adjust reporting processes accordingly.
3. Collaborate with cross-functional teams to gather and analyze data for regulatory reporting purposes.
4. Perform regular quality checks and audits to ensure data accuracy and identify any discrepancies.
5. Develop and maintain a comprehensive understanding of all relevant regulatory requirements and guidelines.
6. Identify and implement process improvements to enhance the efficiency and accuracy of regulatory reporting.
7. Communicate any potential regulatory risks or issues to management in a timely manner.
8. Work closely with internal and external auditors to provide necessary documentation and support for regulatory exams.
9. Stay up-to-date on industry trends and best practices in regulatory reporting.
10. Train and mentor junior team members on regulatory reporting processes and requirements.
11. Maintain a strict level of confidentiality in handling sensitive financial information.
12. Develop and maintain strong relationships with regulatory agencies and other external stakeholders.
13. Assist in the development and implementation of policies and procedures related to regulatory reporting.
14. Participate in cross-functional projects and initiatives to improve overall regulatory compliance.
15. Adhere to all internal policies and procedures, as well as state and federal laws and regulations.

According to JobzMall, the average salary range for a Regulatory Reporting Operations Analyst is between $70,000 and $100,000 per year. However, this may vary depending on factors such as experience, location, and company size. Some senior positions in this field may earn upwards of $150,000 per year.

Bank of America Corp. is a bank and financial holding company, which engages in the provision of banking and nonbank financial services. It operates through the following segments: Consumer Banking, Global Wealth and Investment Management, Global Banking, Global Markets, and Legacy Assets and Servicing. The Consumer Banking segment offers credit, banking, and investment products and services to consumers and small businesses.