Regulatory Relations Specialist

Bank of America

East Hartford, CT 06138

Posted 1 month ago

Job Description

Regulatory Relations Specialist


Charlotte, North Carolina;East Hartford, Connecticut; Plano, Texas; Boston, Massachusetts; Wilmington, Delaware


**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 Risk Audit Leadership during the management of exams, inquiries and other regulatory matters in accordance with enterprise-wide standards.


+ Collaborating effectively with 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.


+ Preparing materials for routine meetings with the regulators


+ Partnering with colleagues to share best practices, identify regulatory themes and emerging issues.


Minimum 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 work flow 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 synthesize information and summaries 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 and WebEx


**Job Band:**


H5


**Shift:**


1st shift (United States of America)


**Hours Per Week:**


40


**Weekly Schedule:**


**Referral Bonus Amount:**


0


**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 Risk Audit Leadership during the management of exams, inquiries and other regulatory matters in accordance with enterprise-wide standards.


+ Collaborating effectively with 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.


+ Preparing materials for routine meetings with the regulators


+ Partnering with colleagues to share best practices, identify regulatory themes and emerging issues.


Minimum 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 work flow 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 synthesize information and summaries 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 and WebEx


**Shift:**


1st shift (United States of America)


**Hours Per Week:**


40


Learn more about this role


Full time


JR-22047168


Band: H5


Manages People: No


Travel: Yes, 5% of the time


Manager:


Talent Acquisition Contact:


Chanda Willis [C]


Referral Bonus:


2000


Connecticut pay and benefits information


**Connecticut pay range:**


$84,000 - $102,000

annualized salary, offers to be determined based on experience, education and skill set.


**Discretionary incentive eligible**


This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.


**Benefits**


This role is currently benefits eligible . We provide industry-leading benefits, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.


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) .


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 .



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