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Bank of America Recon Governance Control Reporting Analyst in Charlotte, North Carolina

Recon Governance Control Reporting Analyst

Charlotte, North Carolina

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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Summary:

This job is responsible for providing moderately complex research, reporting, and analytical support for the delivery of end-to-end support for Global Markets sales, trading and underwriting business for securities, foreign exchange, fixed income, exchange traded derivatives, and over-the-counter derivatives across multiple Lines of Business. Key responsibilities include carrying out duties under general supervision and assisting teammates while following established procedures.

Position will support the Global Markets Shared Operations Governance/Control/Reporting Team. Functions include, but are not limited to, creation and enhancement of metrics reporting, quality and risk control development, management of various strategic projects and initiatives, ongoing quality assurance and quality control routines, risk reduction plan development, and support of the operating model.

Responsibilities:

  • Liaise with line of business contacts to gather commentary and drive break reduction initiatives.

  • Maintains accuracy of client portfolio using internal and external comparison tools

  • Performs research and conducts moderately complex analyses using established techniques, including transactions that require special handling and exception handling

  • Explores methods to enhance processes, further reduce risks, and boost client experience

  • Partners with colleagues on the trade and sales support teams, as well as external agents

  • Creates reports and liaises with internal partners to ensure proper client reporting and assist with regulatory reporting

  • Escalates potential risks and exposures to manager in a timely manner

  • Assists with ad-hoc projects, new processes, or initiatives requiring coordination among subject matter experts representing multiple product areas or functions

Required Skills:

  • Participate in tactical and strategic projects focused on process improvements and risk mitigation.

  • Perform analysis of Governance functions to identify control gaps and process improvement opportunities.

  • Compile and present GMO breaks metrics for senior management• Oversee operational controls and produce analysis of results

Skills:

Manage data sets in order to create new functional Reports or Dashboards of Breaks/Fails/PayRecs data

• Intermediate or Advanced-level experience working with data sets and Data analytics applications (Tableau, Alteryx, Excel, Etc)

• Global Markets experience or familiarity with reconciliation systems / design

• Presentable, confident and objective focused. Ability to conduct discussions with all levels of the organization, including senior management, in a confident manner.

• Excellent communication skills (written and verbal) and ability to present to an audience.

• Ability to work under pressure in a team environment.

• Demonstrated experience liaising with and influencing all levels of the firm and people with different experiences and backgrounds.

• Self-motivated and able to work unsupervised. Successful candidate will be able to manage own time, prioritize to meet tight deadlines and know when to escalate.

• Detail oriented

• Demonstrated ability to manage multiple priorities/tasks

• Demonstrated ability/willingness to continuously learn on the job

• Demonstrated ability to problem solve

Shift:

1st shift (United States of America)

Hours Per Week:

40

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.

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