Enterprise Position Monitoring & Disclosures Central Lead

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 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!

Job Description:
This job is responsible for managing a major component of a product line, function, or multiple operations units within a large segment of the company's operations support functions. Key responsibilities include developing and implementing processes, programs, and systems to improve efficiency and ensure operational quality standards are met. Job expectations include managing two or more levels of managers.

The Enterprise Position Monitoring and Disclosures team is part of the Global Markets Non-Financial Regulatory Reporting department. The is a global function with three regional hubs covering the Americas, Asia Pacific and EMEA regions respectively. The regional teams monitor and disclose relevant positions and transactions under the regional substantial shareholdings, takeovers, residual short positions, and other regulatory position limits rules.

The EPMD Central lead will have dual regional and horizontal scope – primarily managing EPMD monitoring and disclosure preparation of non-financial regulatory reports under the relevant regulatory reporting laws (substantial shareholdings, takeovers, short positions, issuer requests and industry limits) in the EMEA region. Additionally, the role will have central responsibilities to drive functional transformation, establish & manage consistent cross regional global processes. The responsibilities of the EMEA Central lead include:

• Managing completion of all regulatory reporting obligations aligned to substantial shareholdings, takeovers, short positions, and other regulatory position limits in EMEA
• Oversee issue resolution arising from disclosures and discussing such issues with other Non-Financial Regulatory Reporting (NFRR) and Global Compliance & Operational Risk colleagues and work closely with the Front-Line Units
• Oversee the analysis of new rules and regulations pertaining to the monitoring and reporting of holdings of publicly traded equity and equity linked financial instruments as needed.
• Acting as main regional subject matter expert and primary contact for the Front Line Unit Businesses, Line of Business Compliance and legal team on shareholder disclosure matters
• Establishing and supervising effective monitoring processes and routines to ensure compliance with applicable industry and equity ownership limits throughout the region.
• Drive the execution of the governance framework over non-financial regulatory reporting & adherence to relevant internal BAC policies.
• Drive organizational transformation strategy to establish operational mindset and metrics driven culture across the global EPMD function.
• Refine and if required establish consistent global processes to support global counterparts on regulatory change management, operating model with second line advisory as well as control room functions.
• Support management team with resource and organizational strategy to effectively leverage global teams including captive set up to reduce key person risk and also effectively managing cost of regulatory compliance.
• Oversee the training and development of the Enterprise Monitoring & Disclosures team members and support their career development

Responsibilities:• Engages with stakeholders to identify issues and control improvements for remediation and ensures issue resolution
• Participates in developing long-range strategic plans and develops and implements short-term tactical and profit plans
• Ensures operational quality and customer service levels are maintained in a cost effective manner
• Participates in implementation of updates and changes that affect operation segments and monitors performance to ensure operational quality standards are met
• Manages functions carrying a substantial risk of exposure and potential loss with significant i