11 hours
2017-12-102018-01-09

Regulatory Relations Senior Exam Manager

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-17068163CharlotteNC
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Company Bank of America

Job Title Regulatory Relations Senior Exam Manager

Jobid bankofamerica-17068163CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



The Senior Exam Manager will be responsible for:



+ Managing relationships with our securities regulators

+ Plan and execute large, complex exams with oursecurities regulators

+ Help regulators navigate through the company

+ Escalate regulator concerns

+ Lead/participate in regulatory routines⁻Collectand share key insights

+ Help senior executives prepare for regulatory activities



**Requirements:**



+ Strong business knowledge of Bank of America’s business lines, operations, organizationalstructure, senior executives, etc.

+ 5 – 7 years experience in planning and executing large-scale, complex regulatory exams and/or large-scale projects

+ Ability to influence at all levels, including senior executives

+ Must have an executive presence and ability to influence effectivelyat various levels within the company

+ Strong interpersonal skills with abilityto build effective relationships.

+ Excellent verbal and writtencommunication skills

+ Strong presentation skills with ability to deliver key messages clearly and succinctly

+ Ability to identify themes/trends and issues from exams and routines, and formulate key highlights and recommended actions.

+ Soundunderstanding of financial regulatory agencies and regulatory oversightand supervision.

+ Collaborative, team player and ability to connect with people across the enterprise·

+ Self-starter, able to work independently and with a team with minimal supervision

+ Ability to think “outside of the box”



Enterprise Role Overview:



The Regulatory Engagement & Exam Management Manager holds primary accountability for the examination execution. Provides leadership and guidance to business leaders on exams, inquiries and other interactions. May manage other specialists. Responsible for providing leadership direction, attracting, assessing, developing, motivating and retaining a successful team in the following activities:



Exam Management

• Manages regulatory exams for a line of business or function.

• Understands, is accountable and can lead others through the phases outlined in the Bank of America Regulatory Exam Management Standards.

• Ensures a readiness assessment (if advance notice of the exam is received and if practical) is performed of the end to end process being examined to identify any control gaps or weaknesses, potential issues and potential emerging risks. Readiness assessment includes:

• Review of regulatory handbooks/standard testing questions (e.g., OCC Exam Handbooks, FFIEC Handbook, CFPB Exam Manual).

• Review of any recent regulatory guidance or regulatory changes issued.

• Review of any open and closed issues arising from past regulatory exams, internal audits, credit reviews or self-identified issues.

• Ensures the proper level of senior executive engagement and subject matter expertise on the exam team.

• Completes Exam Management training each calendar year and determines which exam management team members should attend Exam Management training, if any.

• Manages and conducts Pre-Exit and Exit meetings.



Regulatory Inquiries

• Coordinates responses to regulatory inquiries and other counter parties such as agencies, GSE, investors, etc.

Ongoing Supervision Meetings

• Assists in the planning and coordination of ongoing supervision meetings with regulators, including meetings with Front Line Unit (FL) and Control Function (CF) Executives.

• Prepares executives and business leadership on key messages to present when working with regulators.



Regulatory Responses

• As appropriate, coordinates Bank’s Response to regulator supervisory letter.

• Manages and provides active oversight of the tollgate process meetings.

• Shares exam information / regulator perspective on the issues to influence the action plans.



Regulatory Activity Tracking, Reporting and Escalation

• Serves as primary liaison to the Global Regulatory Relations team.

• Engages business leaders and Audit on regulatory matters to ensure risk mitigation.

• Contributes to effective reporting and communication routines to achieve FLU/CF understanding of key issues.

• Responsible for escalating any regulator concerns, emerging themes or issues.

Responsible for ensuring consistent quality of activities, processes and outputs by establishing effective review practices across teams.



TO BE USED IN GLOBAL COMPLIANCE ONLY: The Regulatory Engagement & Exam Management Manager holds primary accountability for the examination execution. Provides leadership and guidance to business leaders on exams, inquiries and other interactions. May manage other specialists. Responsible for providing leadership direction, attracting, assessing, developing, motivating and retaining a successful team in the following activities: Exam Management; regulatory inquiries; ongoing supervision meeting; regulatory responses; and regulatory activity tracking, reporting and escalation. Responsible for ensuring consistent quality of activities, processes and outputs by establishing effective review practices across teams.



**Posting Date** : 10/11/2017



**Location** :

Washington, DC, BANK OF AMERICA, 730 15th St NW,

Charlotte, NC, BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST,

- United States



**Travel** : No



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.



Categories

  • Management

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Regulatory Relations Senior Exam Manager

Bank of America
Charlotte, NC

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Regulatory Relations Senior Exam Manager

Bank of America
Charlotte, NC

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