Job Description:
Job Title: Transaction Reporting Professional
Corporate Title: Up to Vice President
Location: Chester
Company Overview:
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!
Location Overview:
Find us in the city of Chester, a destination renowned for its culture, history, and beauty. Working at Bank of America Chester offers a far-reaching global career for a world-renowned organisation, whilst being ideally situated against the backdrop of the rolling North Wales hills and the banks of the serene River Dee.
Role Description:
An exciting opportunity has arisen for a Transaction Reporting Analyst to join the Transaction Reporting Control Group (TRCG). The successful candidate will work in the Submission Control team, which located in Chester and 4 sites across India. Submission Control is primarily focused on ensuring the bank fulfils its reporting obligations daily, remediating exceptions received from the trade repositories and global regulators, and monitoring timeliness of reporting We also play a significant role in the delivery of enhanced / new controls due to regulatory changes.
Responsibilities include the daily delivery of the firms NCCBR (Non-Centrally Cleared Bilateral Repo) reporting along with other regulatory reporting jurisdictions. We are looking for experience of managing multiple projects and stakeholders, an analytical mindset and have clear communications skills, both written and verbal. Microsoft Excel experience is preferred along with previous experience in an operations environment and a wider knowledge of Transaction Reporting, jurisdictions and products would be preferable.
Responsibilities:
- You will problem solve and work issues through to resolution.
- You will liaise with various internal stakeholders, including Front Office, Compliance and Technology to remediate issues, breaches, and regulatory inquiries.
- You will be given full ownership of projects and initiatives, seeing them through to completion.
- You will focus on AMRS Transaction Reporting obligations such as NCCBR, CFTC, SEC, and Canada, building subject matter expertise in the domain.
- You will be working in a team environment across multiple teams, Change Operations, Technology and Middle Office.
- You will provide scalability to cope with existing and new regulatory requirements.
What we are looking for:
- You will have an understanding of transaction reporting or regulatory reporting from an operations environment.
- You will have experience managing multiple projects.
- Experience managing multiple stakeholders will be essential.
- You will possess an analytical mindset.
- You will have clear communications skills, both written and verbal
- You will be Proficient in Microsoft Excel and PowerPoint
Benefits of working at Bank of America
UK
- Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
- Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
- 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
- The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
- Use of a flex fund to use towards benefits
- Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
- Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
- Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area
Bank of America
Good conduct and sound judgment is crucial to our long term success. It's important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer, and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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