Job Information
Bank of America Regulatory Relations Specialist in Charlotte, North Carolina
Regulatory Relations Specialist
Charlotte, North Carolina;New York, New York
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 Management
Required 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 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 Management
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - NY - New York - ONE BRYANT PARK - BANK OF AMERICA TOWER (NY1100)
Pay and benefits information
Pay range
$80,000.00 - $120,000.00 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.
Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates.
To view the "EEO is the Law" poster, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
To view the "EEO is the Law" Supplement, CLICK HERE (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
View the LA County Fair Chance Ordinance (https://dcba.lacounty.gov/wp-content/uploads/2024/08/FCOE-Official-Notice-Eng-Final-8.30.2024.pdf) .
Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Our Drug-Free Workplace and Alcohol Policy (“Policy”) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment.
To view Bank of America’s Drug-free Workplace and Alcohol Policy, CLICK HERE .
This communication provides information about certain Bank of America benefits. Receipt of this document does not automatically entitle you to benefits offered by Bank of America. Every effort has been made to ensure the accuracy of this communication. However, if there are discrepancies between this communication and the official plan documents, the plan documents will always govern. Bank of America retains the discretion to interpret the terms or language used in any of its communications according to the provisions contained in the plan documents. Bank of America also reserves the right to amend or terminate any benefit plan in its sole discretion at any time for any reason.