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Regulatory Relations Specialist

Bank of America

Bank of America

This job is no longer accepting applications

See open jobs at Bank of America.
Legal
Charlotte, NC, USA
Posted on Wednesday, December 6, 2023

Job Description:

Job Description Summary

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.

  • 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.

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:

  • 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 synthesis 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, and WebEx.

Shift:

1st shift (United States of America)

Hours Per Week:

40

This job is no longer accepting applications

See open jobs at Bank of America.