13 days old
2018-06-052018-07-05

Bank of America Merrill Lynch US Broker Dealer Regulatory Reporting Manager

Bank of America
Charlotte, NC
  • Job Code
    bankofamerica-18017204CharlotteNC
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Company Bank of America

Job Title Bank of America Merrill Lynch US Broker Dealer Regulatory Reporting Manager

Jobid bankofamerica-18017204CharlotteNC

Location: Charlotte, NC, 28230, USA

Description **Job Description:**



As the financial services industry continues to evolve in response to major regulatory reforms, Bank of America is seeking to add a senior leader to the Centralized Regulatory Reporting team with focus on U.S. broker-dealer regulatory reporting. Located in Charlotte, NC, this is a high impact role with responsibility for ensuring the achievement of key business outcomes. The successful candidate will work closely with regulators, line of business leaders and a wide variety of constituents to provide thought leadership and subject matter expertise to key decisions, influence entity strategy and address the needs of auditors and examiners. Specific responsibilities include:



+ Manage a team of SME resources responsible for net capital computations on a standard and alternative approach, daily asset segregation calculations, FOCUS reporting, and other regulatory calculations and reports required for a full service broker-dealer.

+ Drive consistent and accurate regulatory reporting across the broker-dealer entity.

+ Implement enhancements to legal entity reporting processes to meet increased regulatory and financial reporting requirements

+ Serve as a key executive contact for broker-dealer regulatory reporting matters and provide advice and guidance to business partners on new or existing rules.

+ Interface and manage relationships with regulatory agencies including SEC/FINRA/NFA/CME.

+ Serve as the liaison to internal and external auditors to understand potential vulnerabilities, assess gaps and build controls that will mitigate risks before they become severe.

+ Implement the target state operating model, including organizational construct, resourcing requirements and operating budget

+ Effectively manage the performance and development of the team; Ensure sustained career growth for individuals and team development.

+ Ensure the right training, control principles and documentation standards within the reporting function

+ Provide guidance to technology project managers and oversee new systems development, testing and implementation.



**Knowledge, Skills and Key Leadership Characteristics:**



+ In depth understanding of broker-dealer financial processes and regulatory reporting requirements

+ 15 – 20 + years of relevant finance experience with a proven track record of advancement, leadership and business success

+ Strong capital markets product knowledge

+ Proven ability to engage and influence internal and external relationships at all levels, establish and maintain collaborative partnerships and provide thought leadership to strategic decisions

+ Strong written and verbal communication skills that include excellent listening and presentation skills; ability to develop a fact based point of view and comfortable engaging in problem solving taking a balanced fact based approach

+ Strong team leadership skills; able to attract, retain and develop top talent; strong coach

+ Strong strategic and process thinking abilities

+ Excellent analytical and organizational skills

+ Able to lead change in a fast-paced, highly matrixed environment, establish priorities and achieve results

+ Professional executive demeanor; decisive with highly versatile interpersonal skills

+ Unquestionable business and personal integrity and values congruent with those of the organization.

+ Bachelor’s degree required; Series 27 licensed



**Posting Date** : 04/10/2018



**Location** :

New York, NY, 250 VESEY ST (NY3004),

Charlotte, NC, TRANSAMERICA SQUARE, 401 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.



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Bank of America Merrill Lynch US Broker Dealer Regulatory Reporting Manager

Bank of America
Charlotte, NC

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Bank of America
Charlotte, NC

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