Regulatory Relations Manager

Bank of America

3.2

(114)

Charlotte, NC

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24036995

    Position summary

    r 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 Manager is responsible for maintaining relationships and interactions with regulators through the execution of the overall strategy for regulatory engagement and enterprise-wide standards. This includes managing regulatory examinations, inquiries, and meetings.

    Additional responsibilities include:

    • Serving as the primary point of contact between the regulators and the Front-Line Unit / Control Function (FLU/CF) while managing exams, inquiries and other regulatory matters in accordance with enterprise-wide standards.

    • Building strong partnerships and collaborating effectively with FLU/CF stakeholders to drive strategic Global Regulatory Relations (GRR) engagement model.

    • Managing and directing all aspects of regulatory exams to ensure consistent exam practices, successful execution, and reduction of risk exposure for the company. This includes being responsive to regulatory inquiries; effectively managing ongoing supervision meetings; aiding with preparation of regulatory responses; as well as regulatory activity tracking, reporting and escalation.

    • Communicates and escalates issues and emerging risks in a timely and concise manner.

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

    • Providing regulator agency relationship support, as needed (logistics, technology, reporting and research).

    Required Skills:

    • 7+ years of experience in risk management, enterprise-wide role, managing regulator activities or a combination of each. Demonstrated ability to think strategically and execute tactically.

    • Proven ability to build and cultivate relationships both externally and internally. Demonstrate intellectual curiosity. Ability to read and understand complex matters, anticipate risks and summarize key information.

    • High attention to detail and strong organizational skills.

    • Strong written and verbal communication skills with senior levels across the organization, including senior leadership.

    • Ability to overcome obstacles and solve problems quickly and efficiently. Self-starter with excellent anticipation skills; problem solving; follow up.

    • Demonstrated dependability and sense of urgency. Comfortable working with people at all organizational levels.

    • Ability to work well under pressure, adapt to unexpected events, prioritize and multi-task in a deadline driven environment.

    • Proven process design and project management skills.

    • Ability to navigate in a highly-matrix environment and proven ability to distil complex information into key messages.

    • Knowledgeable of Bank of Americas business lines, operations, organizational structure, senior executives, etc.

    Desired Skills:

    • Oral Communications

    • Prioritization

    • Project Management

    • Stakeholder Management

    • Written Communications

    • Active Listening

    • Administrative Services

    • Attention to Detail

    • Influence

    • Problem Solving

    • Collaboration

    • Critical Thinking

    • Issue Management

    • Quality Assurance

    • Regulatory Compliance

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.