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Transaction Reporting Analyst

3 months ago

Chester, Cheshire, United Kingdom myGwork - LGBTQ+ Business Community Full time

Job Title: Transaction Reporting Analyst

Corporate Title: Vice President

Location: Chester

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

Role Description:

We are looking for a Transaction Reporting Controls Analyst to join our Transaction Reporting Control Group ("TRCG"), working in the Enhanced Quality Assurance Function. Our wider TRCG team is around 250 people located in Chester, London, Gurgaon, Hyderabad and Mumbai. This specific role will be based in Chester, part of a team of 4 associates. The role is primarily focused on creating and maintaining transaction reporting documentation as input into a central transaction reporting documentation library.

Responsibilities:

  • You will provide transaction reporting subject matter expertise as part of the change process to help ensure completeness and accuracy of business requirements for significant regulatory change.
  • As a transaction reporting subject matter expert, you will perform impact assessment of new and changed business (new products, new market infrastructure, new trading infrastructure, new entities etc) and changes to internal and external infrastructure.
  • You will work with internal technology and operations teams to make appropriate changes to systems and processes are made to ensure continued compliance with reporting regulations.
  • You will work with user testing teams to create test packs which appropriately address reporting change requirements and review testing results.

What we are looking for:

  • You will have transaction reporting experience under at least one of these regulations (EMIR, MIFID/MIFIR, SFTR, Dodd Frank, ASIC, MAS, HKTR, and JFSA)
  • You will have effective written, verbal and interpersonal communication skills
  • You have the ability to handle diverse workloads and meet tight deadlines.
  • You have a problem-solving mindset and think analytically

Skills that will help (optional):

  • Experience working in an Investment Bank or Global Financial Markets would be an advantage
  • Previous experience liaising with diverse global teams would be a plus

Benefits of working at Bank of America

UK

  • 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 partner
  • Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
  • 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
  • The 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
  • Use of a flex fund to use towards benefits
  • Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
  • Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
  • Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland's most iconic cultural institutions
  • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

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, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependants, 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.

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