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.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Want more jobs like this?
Get jobs delivered to your inbox every week.
Job Description:
Responsible for audit testing of key areas and activities across the CFO - U.S. Centralized Regulatory Reporting organization, which includes governance, interpretation of report instructions, production and submission of OCC/FRB/FDIC U.S. regulatory reports (e.g.FR Y-14,FR Y-9C,FFIEC 009, FR Y-15, FFIEC 031), and substantive end-to-end testing of data from the reports through data transformations to data capture. The role also has a significant focus on executing testing around data capture and data usage.
Responsibilities:
- Executes transaction and controls testing of multiple regulatory reporting audits
- Monitors the progress of regulatory and internal audit issue validation
- Stays abreast of regulatory developments, emerging risks, and report/instruction changes; contributes to calibration of the plan
Skills:
- Strong critical thinking and communication skills
- Very organized with attention to detail
- Ability to learn complex subject matter, understand regulatory requirements, and build testing programs to ensure compliance and mitigate risks
- Proven track record of executing multiple projects and delivering high quality work to meet tight deadlines
- Strong interpersonal skills and effective communicator, both orally and in writing.
Required Qualifications:
- Greater than 3 years' experience in a related role
- Bachelors Degree or equivalent work experience
- Specific subject matter expertise in audit and/or the financial services industry.
Desired Qualifications:
- Recommended subject matter expertise in U.S. regulatory reporting (e.g. Y-14, Y-9C, 009, Y-15, 031) or SEC financial reporting (10K/10Q)
- Experiencing in performing end-to-end substantive testing of data elements and transactions from a report to data capture/source documentation
- CPA, CIA, CISA or similar
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CT - East Hartford - 101 E River Dr - One Riverview Square (CT2550), US - CT - Stamford - 600 Washington Blvd (CT2561), US - RI - Providence - 1 Financial Plaza (RI1537)
Pay and benefits information
Pay range
$83,500.00 - $102,400.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.