Bank of America Corporation

Regulatory Relations Specialist

Bank of America Corporation$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in risk management or regulatory activities
  • Experience with large scale project planning
  • Skilled in managing multiple tasks and stakeholders
  • Strong analytical and communication skills
  • Proven ability to meet deadlines and drive projects to completion
  • Proficiency in MS Word, Excel, PowerPoint, SharePoint and other collaboration tools

Responsibilities

  • Partner with Global Regulatory Relations and Control Functions during regulatory activities
  • Collaborate with stakeholders to implement enterprise-wide standards
  • Support regulatory exams to ensure risk exposure is minimized
  • Maintain accurate documentation throughout the regulatory lifecycle
  • Manage logistics for regulatory activities, including site reservations and evidence delivery
  • Share best practices and identify regulatory trends with team members

Benefits

  • Flexible working hours
  • Collaborative team environment
  • Opportunities for professional development
  • Access to comprehensive health and wellness programs
  • Employee assistance programs
Full Job Description

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 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, Webex and TEAMS

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

About Bank of America Corporation

Bank of America Merrill Lynch is the corporate and investment banking division of Bank of America. It provides services in mergers and acquisitions, equity and debt capital markets, lending, trading, risk management, research, and liquidity and payments management. It was formed through the combination of the corporate and investment banking activities of Bank of America and Merrill Lynch following the acquisition of the latter by the former in January 2009. Bank of America completed the acquisition of Merrill Lynch & Co on 1 January 2009. Bank of America began rebranding all of its corporate and investment banking activities under the Bank of America Merrill Lynch name in September 2009. In April 2010, Bank of America Merrill Lynch appointed Christian Meissner as head of investment banking for Europe, Middle East and Africa. In April 2011, Bank of America Merrill Lynch integrated its corporate and investment banking operations into a single division. In October 2013, Bank of America Merrill Lynch was recognised as the Most Innovative Investment Bank of the Year in The Banker's Investment Banking Awards.

Bank of America Corporation Careers

Join the dynamic team at Bank of America Corporation, a premier global financial institution where innovation, leadership, and growth go hand in hand. As one of the largest banks in the world, we offer unparalleled job opportunities and a culture that values diversity, inclusion, and professional growth. Work You’ll Do At Bank of America Corporation, you’ll be part of a team that’s dedicated to making a real difference. Whether you’re helping families buy their first home, advising businesses on expansion, or developing cutting-edge financial technologies, your work will have an impact. Our commitment to leadership in the financial industry has never been stronger, and we need passionate, skilled professionals to lead our journey. Explore a World of Opportunities From entry-level positions to leadership roles, Bank of America Corporation offers a variety of career paths in areas such as investment banking, technology, marketing, and risk management. Our job opportunities span the globe, providing the chance to work alongside the best in the industry and develop skills that will propel your career forward. Internship Programs Kickstart your career with Bank of America Corporation’s internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that complements your academic studies. Interns gain invaluable networking opportunities, receive mentorship from seasoned professionals, and learn about the culture and operations of a global financial leader. Benefits and Growth Bank of America Corporation is committed to the well-being and continuous professional development of our team members. We offer a competitive benefits package that supports the health, financial stability, and work-life balance of our employees. Our training programs and development initiatives ensure that every team member has the opportunity to grow and advance within the company. Inclusive Culture We believe our strength lies in our diversity. Bank of America Corporation fosters an inclusive environment where all employees can thrive. Through diversity training and a commitment to equal opportunities, we cultivate leadership and innovation that reflect the wide-ranging communities we serve. Join Our Team Are you ready to advance your career at a company that’s at the forefront of the financial industry? Explore the positions available at Bank of America Corporation and find where your skills and interests align with our needs. We are continuously hiring and looking for individuals who are curious, creative, and eager to drive change. Stay Connected Keep up to date with the latest from Bank of America Corporation Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that match your career interests and get insider tips that can help you during your application and interview process. Bank of America Corporation is not just a company—it’s a place where you can shape your future and the future of finance. Join us and be part of a team that’s redefining what a bank can be.
Learn more about Bank of America Corporation
Size
208,000 employees
Market Cap
$260.3 billion
Industry
Net Income
$17.8 billion
Founded
1998
5 Year Trend
-1.4%
NASDAQ

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