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Vice President, Regulatory Relations Specialist
Vice President, Regulatory Relations Specialist-November 2024
Singapore
Nov 23, 2024
ABOUT BANK OF AMERICA
Bank of America is a leading financial institution, serving consumers, small businesses, and large corporations with a full range of banking, investing, and other financial products and services.
10,000+ employees
Financial Services
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About Vice President, Regulatory Relations Specialist

  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. 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!

  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 Skills

  Your background

  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 projectsAbility to drive projects to meet critical milestones and identify potential roadblocks for the teamStrong project management skills; attention to detail; ability to drive projects to conclusionAbility 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 requestsProven verbal and written communication skills and presentation skillsAbility to synthesis information and summarize key themesStrong analytical skillsAbility to work under pressure, calmly within tight deadlines and escalate appropriately.Able 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 guidanceProficiency in using MS Word, Excel, PowerPoint, SharePoint and WebExMultilingual in English, Taiwanese, Cantonese, Japanese, and Mandarin

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