Financial Regulatory Reporting Specialist

5 days ago


Hong Kong Island, Hong Kong SAR China Bank of America Full time
Job Overview
At Bank of America, we strive to deliver exceptional results by fostering a culture of excellence and innovation. We're committed to driving responsible growth and delivering for our clients, teammates, communities, and shareholders every day.

As a Regulatory Reporting Operations Senior Professional, you will play a pivotal role in defining, providing, and overseeing analytical processes for highly complex regulatory reporting. Your responsibilities will include managing intricate projects and workstreams involving systems enhancements, process improvements, products, and services.

You will serve as a subject matter expert to other teammates, handling highly complex issues that require management and coordination across multiple stakeholders. Your expertise will be essential in resolving operational problems and initiatives requiring exceptional handling and/or coordination of multiple operational and/or product specialists.

Your contributions will also involve contributing to various projects and/or the introduction of new initiatives, systems, products/services, and processes. You will coordinate necessary expertise across multiple operations functions and/or products to ensure seamless delivery.

Main Responsibilities
  • Deliver highly complex regulatory reports to regulatory agencies in line with expectations on completeness, accuracy, quality, and timeliness.
  • Define and execute control practices, including compliance with all regulatory and policy requirements, including data quality standards.
  • Evaluate key risks, performance indicators, and desktop procedures, ensuring they are fully documented, reviewed regularly, and challenged and escalated when necessary.
  • Respond to inquiries from regulatory agencies and internal control partners (e.g., Audit and Compliance), and provide reporting as needed.
  • Develop credible, collaborative, and influential relationships with key senior stakeholders, including FLU and Front Office partners.
  • Identify, track, and remediate errors, breaches, data issues, and control enhancements impacting the respective reports.
  • Coordinate the partnership with upstream process owners and data providers to improve data quality of regulatory reports, and with Non-Financial Regulatory Reporting Interpretation and Technology teams to review and maintain data dictionaries for completeness of business requirements.


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