Capital Reporting Analyst

5 days ago


Dublin, Dublin City, Ireland Bank of America Full time

As a member of the Regulatory Reporting team at Bank of America, you will play a crucial role in supporting the delivery of high-quality regulatory reporting and disclosures to external regulators and stakeholders.

The team's primary responsibility is to ensure that all regulatory requirements are met, and this includes production of regulatory Capital reporting, review of daily internal capital reports, providing capital impact analysis to various Front Line Units (FLUs) on new products/transactions, client migrations and other strategic projects as well as having input into the Capital Planning activities.

We are committed to the development of our people through:

  • Internal targeted training as well as assisted study for professional qualifications.

  • Work life balance.

  • Special interests such as volunteering and the environmental working group.

  • With your ambition, we will constantly develop your skills to enable you to reach your full potential.

In this role, you will have the opportunity to work on various projects including:

  • Helping to oversee the EU and UK capital calculations and reporting of 3 prudentially regulated entities.

  • Capital calculations/analysis - Review daily/weekly RWA calculations to be incorporated in the capital adequacy status sent out to senior managers to support management of UK and EU entities.

  • External Regulatory Reporting and Disclosures – Produce the quarterly returns including manual adjustments, reconciliations, period on period variance analysis for UK and EU entities, presenting these results to management.

  • Support the Capital Reporting process (both internally and externally), in particular the preparation of Credit Risk.

  • System development (BAU) – Initiation of technology change to support changing rules, and our continuing process to improve efficiency and controls. Review of business requirements, help with data sourcing and carry out User Acceptance Testing (UAT) and post deployment testing.

  • System development (Strategic) – As a user help to define data/calculation/reporting requirements for an in-flight infrastructure project including analysis tools.

  • Keep up to date with applicable regulatory reporting requirements.

  • Business Partnering – Collaborate with Front Office, Market Risk, Model Developers and other groups on capital management and RWA efficiencies.

  • Stakeholder interaction - Deal with ad-hoc requests from external regulators and partnering and internal stakeholders such as Risk, Internal Audit and Compliance.

  • Issue management – leading the team in identifying and remediating process and other issues impacting the Capital Reporting process.

  • Continuously assess and enhance regulatory reporting processes, improving the quality of our regulatory submissions and identifying new approaches to improve efficiencies.

  • Contributing to Governance process, operational error reporting, documentation and Electronic Universal Controls (EUC) controls, and support of other internal control process.

  • Assist with ad-hoc projects which are expected to include a diverse range of projects including implementation of new regulatory reporting requirements and strategic regulatory reporting infrastructure.



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