Bank of America Global Regulatory Transaction Review Program Coordinator in Charlotte, North Carolina
We are currently seeking a candidate for a unique opportunity to assist with the practice management of the Transaction Review program.
The Transaction Review Program was established in 2016 with a mandate to identify errors and omissions in monthly and quarterly stress test filings with the Federal Reserve Bank (also known as the FR Y-14 Q and M reports). Given the importance of these filings, the program receives extensive senior executive oversight and support. The program covers all aspects of a testing framework, which includes materiality/scoping, risk assessment, sampling, testing, result validation and logging data errors and control weaknesses into eDIM.
To enable the program, the team has 30+ employees in two core global locations and engages with various stakeholder across the Company, including all major front line units, various control functions, Risk and Corporate Audit. In executing its primary mandate, the Team strives for flawless execution and continuous improvement, including limiting impacts to stakeholders, leveraging technology, and making the methodology and platform more efficient and scalable to other regulatory reports.
The successful candidate will be part of a fast paced dynamic team that strives to be the best in what we do. The candidate will build management and reporting skills as well as knowledge of audit and testing methodology, US Banking regulatory reports, and will have exposure to executive level employees across the Company. The role will report directly to the program manager who reports up through the Financial Control Oversight team under the Chief Accounting Officer. In addition, the larger Financial Control Oversight team provides numerous growth and career opportunities with over 175 internal control professional across the globe covering internal control over financial reporting (SOX), internal control over regulatory reporting, enterprise general ledger reconciliation governance, global finance operational risk and line of business finance risk and control advisory.
Primary responsibilities for the role include assisting with:
Performing project management and status reporting
Reviewing, analyzing and reporting on the Teams performance metrics
Preparing executive reporting and dashboards
Coordinating deliverables and requests with key business stakeholders
Facilitating meetings with key business stakeholders
Maintaining policies, standards, procedures, process and training documentation
Coordinating team deliverables and activities
Supporting the Team’s technology
Onboarding new associates
Maintaining inventory of process improvements and execution status
Bachelor's Degree (Accounting or Finance Strongly Preferred)
Four+ years of experience in audit, risk or compliance (or other testing functions)
Strong communication skills (oral and written)
Strong networking and relationship management
Strong process improvement mindset
Proficient in Microsoft Office (Excel, Word and PowerPoint)
Knowledge of FR Y-14 Q/M data elements and requirements
Proficient in Microsoft Access, Visio and Project
Proficient with SharePoint
Posting Date : 06/22/2017
Location : US-NC-Charlotte
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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