Data Testing

1 month ago

England, United Kingdom Bank of America Full time

Financial Data and Reporting Ops Consultant page is loaded Financial Data and Reporting Ops Consultant
Apply locations Pennington Jacksonville time type Full time posted on Posted 2 Days Ago job requisition id 24013219 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.
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.
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. The Statement Quality Assurance, Digital Engagement & Regulatory Mailings team is responsible for the production and delivery of client correspondence, including brokerage statements, trade confirmations, prospectus, as well as ensuring the accuracy and integrity of the data reported.
The Statement & Trade Confirmation strategy consultant is responsible for all aspects of the statement & trade confirmation life cycle and will partner with various product, operations, project enablement and technology teams to analyze and gather business requirements associated with statement & trade confirmation enhancements and controls. The consultant will be responsible for defining strategy for the future state of the brokerage statement while understanding and meeting regulatory requirements associated with applicable laws, rules & regulations. They will also take lead on issue management including self-identified and risk identified audit issues, risk assessments and enterprise independent testing inquiries related to statements & trade confirmations. 
Outside of the above referenced responsibilities, the consultant will participate in, or lead special projects related to the brokerage statement & trade confirmations that represent significant risk exposure and/or are highly visible within the team. In addition, the consultant will assist with ensuring appropriate control routines are in place, work with teams to document process flows, identify gaps, document action plans and partner with teams to implement, all to drive a strong risk and control environment.
This job is responsible for the analysis and resolution of highly complex credit and tax operations processes and issues that require coordination of multiple stakeholders to resolve. Key responsibilities include adhering to defined procedures and regulatory requirements, while managing projects and initiatives in support of process improvement or updates to procedures. Leads end-to-end resolution of complex client issues and inquiries related to tax and credit reporting, often requiring significant research and engagement of business functional experts
Conducts root cause analysis and drives solutions to address organizational challenges and initiatives
Performs quality control and analytical support to ensure high performance accuracy
Supports operational team projects and production of executive-level reports and presentations for senior management
Project management for brokerage statement & trade confirmation enhancements including:
Conduct impact analysis and review testing for all projects that relate to statements & trade confirmations
Ensure project timelines are followed and milestones are documented
Create project presentations for management review
Relationship manager to business partners, legal and compliance for statements & trade confirmations.
Partner with Audit, Legal, Compliance & Risk to ensure operational success while limiting regulatory risk by driving risk reviews around policies, procedures, standards, laws, rules & regulation compliance.
Managing operations, quality assurance and project related initiatives for statements & trade confirmations as well as successful delivery of materials to clients.
Will support the design, production, reconciliation, delivery and compliance of the brokerage statement, trade confirmations, prospectus and electronic delivery.
Understanding of books and records systems and applications supporting correspondence
Proficient with Microsoft Office tools (Outlook, Word, Excel and PowerPoint) 
Understanding of rules and regulations, policies and standards
Experience with brokerage accounts
Prior project management experience in Rally/Agile environment
Shift:
1st shift (United States of America) Hours Per Week: 
Bank of America is committed to help employees through the transition period when they’re displaced as a result of a workforce reduction, realignment or similar measure. Please review the resume writing and interviewing tips provided below to help prepare you for your next career opportunity.
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Considerations when writing a resume
• Do use high quality, white or light colored 8½ x 11 paper. For example, don't mention your fondness for swimming unless you want to work on the water.)
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