Financial Data and Reporting Ops Analyst
Bank of America
Financial Data and Reporting Ops Analyst
Bank of America
Runs a US consumer bank, brokerage and investment bank
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:
This job is responsible for handling moderately complex operations processes related to credit disputes, escalations and tax reporting. Key responsibilities include analysis, research, reconciliation, reporting data validation and resolution of issues and identified customer requests which may carry high levels of risk within enterprise risk categories. Job expectations include handling moderately complex transaction processing, reconciliation, and resolution of research requests to clients, consumer reporting agencies or taxing authorities, consulting with management for support.
Perform the Global Markets client outreach for tax and/or regulatory and remediation documentation requests inclusive of monitoring, tracking and providing metrics on the outreach progress to date.
Follows established written procedures and guidelines, provides standard reporting and analytical support. Uses established techniques, analyzes and resolves a wide variety of moderately complex operations problems and initiatives including transactions that require special handling and/or exception handling.
Must have the ability to navigate multiple systems in order to handle client inquiries when issues arise and respond back to those queries as soon as possible. Daily monitoring and tracking of the outreach emails and subsequent follow up / outreach to clients that are unresponsive or currently out of office. Provide metrics reporting / status updates on a weekly basis to Senior Ops Mgt.
May manage projects and/or the introduction of new initiatives, systems, products/services and processes, coordinating necessary expertise across multiple operations functions and/or products. As a technical expert, may also function as an informal team lead, providing work direction and technical guidance to less experienced employees in resolving escalations and/or operational problems.
Responsibilities:
Required Skills:
• Drive tax operations projects and remediation to resolution
• Proficient written and oral communication
• Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
• Commitment to challenging the status quo and promoting positive change.
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
• Ability to participate in ad hoc projects for new processes, regulatory, tax & industry initiatives
• Excel knowledge
• Ability to manage multiple priorities and multi task
Desired Skills:
• Knowledge of Global Markets Operations
• Knowledge of Tax Operations
• Proficient in Microsoft applications including Excel and Word & PowerPoint
• Demonstrates analytical, decision making, critical thinking and problem solving skills
• Must be comfortable in an environment with a heavy focus on details and accuracy
Skills:
Shift:
1st shift (United States of America)Hours Per Week:
40Runs a US consumer bank, brokerage and investment bank
Bank of America runs one of the largest US banks, serving consumers, small businesses, wealthy families, corporations and institutional investors. Alongside checking accounts, credit cards, mortgages and business loans, it owns the Merrill brokerage, a private bank for wealthy clients and a global investment bank that advises on deals and trades stocks and bonds. Customers reach it through thousands of branches and ATMs and its mobile banking app. It earns money mainly from the gap between what it charges on loans and pays on deposits, plus fees from advice, asset management, deal work and trading. It grew from a San Francisco bank founded in 1904 and is headquartered in Charlotte, North Carolina.
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