Job Description:
Job Title: Regulatory Relations Specialist
Corporate Title: up to Vice President
Location: Dublin
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:
Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.
The Team:
The EMEA Regulatory Relations team is part of the Global Regulatory Relations team (within Global Risk Management) and is closely aligned with the EMEA Risk COO and Risk Governance teams. The team is directly responsible for managing and facilitating all regulatory interactions in France, Ireland and UK. Team members are based in Paris, Dublin, London and Chester and the team is supported by the wider Global Regulatory Relations team in US.
Role Description:
You will be 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:
Responsibilities:
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.
What we are looking for:
Experience planning and supporting large scale projectsDemonstrable experience in regulatory relations environmentExcellent Project Management skills; attention to detail; ability to drive projects to conclusionAbility to manage multiple tasks and stakeholders at once, prioritize work flow and deliver results under pressure and time constraintsExcellent organizational skills with a keen ability to prioritize daily tasks with project work as well as ad hoc requestsAble to develop and maintain good working relationshipsSelf-starter, motivated and reliable; ability to work well and seamlessly within a team without a continuous high level of guidance
Skills that will help:
• Ability to navigate in a highly-matrix environment and ability to distil complex information into key messages.
Benefits of working at Bank of America:
Ireland
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 partnerCompetitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons20 days of back-up childcare and 20 days of back-up adult care per annumThe 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.Access to an Employee Assistance Program for confidential support and help for everyday mattersAccess to free counselling through the Employee Assistance Program and virtual GP services through our private health care planAbility to donate to charities of your choice and the bank will match your contributionOpportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland's most iconic cultural institutions and exhibitions.Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
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 or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status or 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.