Product/Specialty Controller
Company: Disability Solutions
Location: Charlotte
Posted on: September 28, 2024
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Job Description:
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. Responsible Growth is how we run our company and
how we deliver for our clients, teammates, communities and
shareholders every day.One of the keys to driving Responsible
Growth is being a great place to work for our teammates around the
world. We're devoted to being a diverse and inclusive workplace for
everyone. We hire individuals with a broad range of backgrounds and
experiences and invest heavily in our teammates and their families
by offering competitive benefits to support their physical,
emotional, and financial well-being.Bank of America believes both
in the importance of working together and offering flexibility to
our employees. We use a multi-faceted approach for flexibility,
depending on the various roles in our organization.Working at Bank
of America will give you a great career with opportunities to
learn, grow and make an impact, along with the power to make a
difference. Join us!Job Description:The Consumer Credit Accounting
team is part of the Consumer Privacy & Data Management organization
and is responsible for the accurate accounting and reporting of
modified and non-performing loans in compliance with Generally
Accepted Accounting Principles (GAAP) and regulatory guidelines.
The team performs various accounting, analysis and reporting
activities as part of the monthly accounting close. The team also
supports regulatory reporting submissions (SEC filings, FR Y-9C, FR
Y-14M/Q, etc.) by ensuring the data provided is accurate and
complete and in conformance with FRB/OCC instructions. In addition,
the team participates in a variety of data quality and data
analysis routines to ensure the integrity of data residing in the
accounting systems (CLEAR and Over$ight), the BAC Mortgage Hub
application which is the Authorized Data Source (ADS) for
residential mortgage data, as well as the BAC Vehicle Hub
application, the ADS for vehicle lending data. The team is also
involved in audits through interactions with regulators and
auditors along with providing requested information and responding
to questions. Understand technical or product specific accounting
knowledge; Researches and resolves/ processes accounting
exceptions; prepares one or more of the following: data, GL
balances, disclosures, SEC reporting.Key responsibilities for this
role include:
Keywords: Disability Solutions, Gastonia , Product/Specialty Controller, Accounting, Auditing , Charlotte, North Carolina
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