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Regulatory Relations Specialist

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. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. 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.Bank of America believes both in the importance of working together and offering flexibility to our employees. 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. Join us!Job Description:The Regulatory Relations Specialist is responsible for the execution of the overall strategy for regulatory engagement and enterprise-wide standards. This includes assisting with the management of regulatory examinations, inquiries and meetings. Additional responsibilities include:Partnering with Global Regulatory Relations GRR and Front Line Unit / Control Function FLU/CF during the management of exams, inquiries and other regulatory matters in accordance with enterprise-wide standards.Collaborating effectively with FLU/CF stakeholders to execute enterprise-wide standards.Supporting regulatory exams to ensure consistent exam practices, successful execution, and reduction of risk exposure for the company. This includes ensuring timely response to regulatory inquiries; supporting the execution of ongoing supervision meetings; aiding with preparation of regulatory responses; as well as regulatory activity tracking, reporting and escalation.Maintaining quality records and documentation throughout the regulatory lifecycle, this includes tracking deliverable status, detailed meeting notes and recaps, archiving exam evidence, etc.Supporting critical logistics throughout the regulatory lifecycle, including building and systems access, site and room reservations, delivery of examination evidence through approved portals.Partnering with GRR colleagues to share best practices, identify regulatory themes and emerging issues.Required Skills: 5+ years of experience in risk management, enterprise-wide role, managing regulator activities, project management or a combination of each. Experience planning and supporting large scale projects. Ability to drive projects to meet critical milestones and identify potential roadblocks for the team. Strong project management skills; attention to detail; ability to drive projects to conclusion. Ability to manage multiple tasks and stakeholders at once, prioritize work flow and deliver results under pressure and time constraints. Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requests. Proven verbal and written communication skills and presentation skills. Ability to synthesis information and summaries key themes. Strong analytical skills. Ability to work under pressure, calmly within tight deadlines and escalate appropriately. Able to develop and maintain good working relationships. Self-starter, motivated and reliable; ability to work well and seamlessly within a team without a continuous high level of guidance. Proficiency in using MS Word, Excel, PowerPoint, SharePoint and WebEx.Skills:• Active Listening• Administrative Services• Attention to Detail• Collaboration• Written Communications• Critical Thinking• Prioritization• Problem Solving• Project Management• Quality Assurance• Issue Management• Regulatory Compliance• Stakeholder ManagementRequired Qualifications:• 5+ years of experience in risk management, enterprise-wide role, managing regulator activities, project management or a combination of each.• Experience planning and supporting large scale projects• Ability to drive projects to meet critical milestones and identify potential roadblocks for the team• Strong project management skills; attention to detail; ability to drive projects to conclusion• Ability to manage multiple tasks and stakeholders at once, prioritize workflow and deliver results under pressure and time constraints• Excellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requests• Proven verbal and written communication skills and presentation skills• Ability to synthesizes information and summarize key themes• Strong analytical skills• Ability to work under pressure, calmly within tight deadlines and escalate appropriately.• Able to develop and maintain good working relationships• Self-starter, motivated and reliable; ability to work well and seamlessly within a team without a continuous high level of guidance• Proficiency in using MS Word, Excel, PowerPoint, SharePoint and WebExSkills:• Active Listening• Administrative Services• Attention to Detail• Collaboration• Written Communications• Critical Thinking• Prioritization• Problem Solving• Project Management• Quality Assurance• Issue Management• Regulatory Compliance• Stakeholder ManagementShift:1st shift (United States of America)Hours Per Week:40Pay Transparency detailsUS - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)Pay and benefits informationPay range$80,000.00 - $120,000.00 annualized salary, offers to be determined based on experience, education and skill set.Discretionary incentive eligibleThis 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.BenefitsThis 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.
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CEO of Bank of America
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Brian T. Moynihan
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Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk ma...

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Full-time, on-site
DATE POSTED
September 29, 2024

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