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. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.

Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

The Legal Entity Executive Group (LEEG), within the Chief Financial Officer (CFO) organization, is seeking a senior leader to support the management of Bank of America’s Enterprise Regulation K Program. Regulation K governs the international operations of U.S. banking organizations, including activities conducted through foreign branches, Edge Act corporations, certain foreign subsidiaries and investments, and establishes requirements related to permissible activities, investments, limits, reporting and other requirements.

This role will support management of the enterprise framework established to promote consistent implementation, monitoring and oversight of Regulation K requirements across impacted Front-Line Units, Control Functions and legal entities. The individual will partner extensively with global stakeholders across impacted lines of business, Finance, Legal, and Risk to support effective governance, processes, controls, monitoring, reporting and escalation. This role provides significant enterprise exposure and an opportunity to influence and strengthen how the Company manages a complex regulatory framework across businesses, functions, legal entities and geographies.

Responsibilities:

• Lead the day-to-day management and continued development of the Regulation K Enterprise Program, supporting the Reg K Executive in establishing a cohesive enterprise framework for governance, oversight, monitoring, reporting, and escalation of Regulation K requirements.
• Manage and maintain the Regulation K – Enterprise Policy, supporting periodic reviews and enhancements to ensure requirements, roles and accountabilities remain clear and appropriately reflected in the enterprise framework. The Policy is subject to annual review and governance through the Reg K Governance Forum and CFO Risk Committee.

• Support enterprise Regulation K governance and management routines, including development of materials and reporting for the Reg K Governance Forum and other relevant senior management forums; facilitate identification, discussion, escalation and remediation of Reg K matters.
• Partner with front line units and control functions to ensure there are appropriate processes and controls to meet the requirements of the Regulation K Program.
• Develop and administer the enterprise monitoring framework for Regulation K, including attestations, collection and assessment of supporting artifacts, management reporting, and follow-up on identified matters, in coordination with front line units and control functions.
• Drive continuous improvement of the Regulation K Program, identifying opportunities to enhance governance, strengthen controls and reporting, simplify processes, improve data quality and evidence, and leverage automation and technology to improve the effectiveness and sustainability of the program.
• Develop strong partnerships across the enterprise and serve as a key Regulation K program contact for impacted stakeholders, helping connect regulatory requirements with business processes and enterprise governance expectations.

Team Lead Responsibilities:
This position has responsibilities for overseeing associates as a Team lead. At Bank of America, all managers at this level demonstrate the following responsibilities, in addition to those specific to the role, listed above.

• Opportunity & Inclusion Champion: Models an inclusive environment for employees and clients, aligned to company Great Place to Work goals.
• Manager of Process & Data: Demonstrates deep process knowledge, operational excellence and innovation through a focus on simplicity, data based decision making and continuous improvement.
• Enterprise Advocate & Communicator: Communicates enterprise decisions, purpose, and results, and connects to team strategy, priorities and contributions.
• Risk Manager: Ensures proper risk discipline, controls and culture are in place to identify, escalate and debate issues.
• People Manager & Coach: Provides inspection, coaching and feedback to motivate, differentiate and improve performance.
• Financial Steward: Actively manages expenses and budgets in alignment with objectives, making sound financial decisions.
• Enterprise Talent Leader: Assesses talent and builds bench strength for roles across the organization.
• Driver of Business Outcomes: Delivers results by effectively prioritizing, inspecting and appropriately delegating teamwork.

Required Qualifications:

• 7+ years of experience in the financial services industry with experience in regulatory program management, governance, policy management, risk management, controls, compliance, finance, audit and/or process management
• Bachelor’s degree in Finance, Accounting, Business or related field
• Strong leadership skills, including experience managing or supervising a team
• Demonstrated experience developing, implementing or managing governance, policy, risk or control frameworks
• Ability to manage multiple complex initiatives, stakeholders, deliverables and deadlines
• Strong written and verbal communication and presentation skills, including experience communicating with senior management
• Strong analytical, critical thinking and problem-solving skills
• Strong collaboration and stakeholder-management skills, with the ability to influence across businesses and functions
• Strong organizational, program and project management capabilities
• Proficiency with Microsoft Office, including Excel and PowerPoint

Desired Qualifications:

• Knowledge of the U.S. regulatory framework applicable to large, globally active financial institutions
• Experience interpreting regulatory or policy requirements and translating them into governance, processes, controls, monitoring and reporting
• Understanding of Bank of America’s legal entity structure and activities across Lines of Business and Control Functions, particularly international operations
• Experience with enterprise policy management, process and control design, monitoring, issue management or regulatory remediation
• Familiarity with Regulation K and/or regulatory requirements governing international banking operations, foreign branches, Edge Act corporations or foreign investments
• Experience with process design and automation, including tools such as Alteryx, Tableau, Workiva and Microsoft 365 Copilot

Skills:

• Analytical Thinking
• Collaboration
• Influence
• Presentation Skills
• Stakeholder Management
• Risk Management
• Governance
• Controls Management
• Business Analytics
• Consulting
• Data Mining
• Data Visualization
• Innovative Thinking
• Process Management
• Project Management

Shift:

Hours Per Week: