Job Description:

Job Title: Regulatory Reporting Industry Engagement & Advocacy Lead

Corporate Title: Up to Director

Location: London

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

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

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

Location Overview:

Our London office is based just a stone’s throw from the magnificent St. Paul’s Cathedral on bustling King Edward Street. Here you’ll find modern workspaces and a state-of-the-art auditorium space. In addition, we’re proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus which have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop terrace and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and medical centre.

Role Description:

The Regulatory Reporting Industry Engagement & Advocacy Lead is responsible for representing the firm's interests within key industry forums and working groups, influencing non-financial regulatory reporting standards, and ensuring that industry developments are effectively communicated and assessed across the organization.

The role serves as a subject matter expert (SME) on regulatory reporting obligations and partners closely with internal stakeholders to support compliance, policy interpretation, and strategic regulatory change initiatives.

This role will be inclusive of working with the following stakeholders: Change Management, Trade Reporting Control Group (TRCG), Global Compliance and Operational Risk (GCOR), Legal, Operations, Technology, Business Representatives, Industry Trade Associations and Working Groups and Regulatory Bodies and Market Infrastructure Providers

Responsibilities:

• Actively participate in industry working groups and regulatory forums, representing the organization's interests and articulating the firm's position on regulatory reporting-related matters.
• Build and maintain relationships with industry participants, trade associations, regulators, and market infrastructure providers to stay informed of emerging regulatory developments and industry practices.
• Understand BofA position on regulatory interpretations to influence industry-led decisions in order to minimize impact on BofA/protect BofA interests.
• Contribute to discussions, consultations, and advocacy efforts within key industry groups, including but not limited to: ISDA EMEA Data & Reporting Working Group, ISDA US Data & Reporting Working Group, ISDA MiFID Implementation and Advocacy Steering Group, ISDA APAC Regulatory Reporting working group, Global Foreign Exchange Division (GFXD), UK Finance Reporting Working Group, DTCC Working Groups, UnaVista Working Groups
• Monitor regulatory developments and changes to reporting frameworks across relevant jurisdictions, providing timely analysis and updates to support ongoing compliance with regulatory obligations.
• Assess the potential impact of new regulatory requirements, industry standards, and market practices on existing reporting processes and controls.
• Collaborate closely with internal stakeholders, including Change Management, Trade Reporting Control Group (TRCG), Global Compliance and Operational Risk (GCOR), Legal, and business partners to ensure consistent interpretation and implementation of reporting requirements.
• Support the development of firm-wide positions on regulatory reporting issues and industry consultation responses where required.
• Provide subject matter expertise and advisory support to business, operations, technology, compliance, and change teams on regulatory reporting requirements and industry best practices.
• Assist in identifying regulatory reporting risks and opportunities for process improvement, control enhancement, and operational efficiency.

What we are looking for:

• Strong knowledge of global regulatory reporting regimes and associated industry standards.
• Experience participating in industry working groups, trade associations, or regulatory forums.
• Deep understanding of transaction reporting, trade reporting, and regulatory reporting obligations across multiple jurisdictions.
• Ability to interpret complex regulatory requirements and translate them into practical business impacts and implementation considerations.
• Strong stakeholder management and communication skills, including the ability to influence senior stakeholders and represent the organization externally.
• Experience working across Compliance, Legal, Operations, Technology, and Change functions.
• Excellent analytical, presentation, and written communication skills.

Skills that will help:

• Effective representation of the firm's interests in industry forums.
• Timely communication and escalation of relevant regulatory developments.
• Strong alignment across internal stakeholders on regulatory reporting requirements.
• Successful assessment and implementation of regulatory and industry changes.
• Delivery of high-quality SME support and regulatory reporting guidance across the organization

Benefits of working at Bank of America: UK

• At Bank of America, we strive to prioritise employees’ health and wellbeing – it’s what makes us a Great Place to Work.
• 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
• We offer 26-weeks paid maternity leave, 16-weeks paid paternity leave and inclusive family leave arrangements for working parents and carers including 20 days of back-up childcare including access to school holiday clubs 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, cycle to work etc.
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, and virtual GP services
• Access to the Peppy App which provides 1:1 support, consultations and resources relating to men’s health, women’s health, fertility, menopause and pregnancy & parenthood
• Access to a range of gyms, exercise classes and wellbeing Apps through Wellhub, including Headspace and Calm
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• 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 are 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 sex, gender identity or gender reassignment, marital or civil partner status, race, religious or similar philosophical belief, political opinion, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or 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.