Our client, a Leading Bank, is looking for a Regulatory Reporting Analyst to join their growing team.
26th July, 2022
Los Angeles or Remote
WHAT IS THE OPPORTUNITY?
Works with the Financial/Regulatory Reporting Manager to perform daily, weekly, quarterly and annual bank financial/regulatory reports. This position will support meeting the bank's requirements related to the standalone (bank level), U.S. intermediate holding company and parent company financial/regulatory reporting. Provides technical support and analysis to the financial/regulatory reporting process.
Finance Division This is a great opportunity to grow your career with a stable and expanding organization as a member of Our Client's Finance team. This group records, analyzes, reports and optimizes to maintain the bank’s financial health, while following principles and legislation to ensure we're doing what's right.
WHAT WILL YOU DO?
Sources, prepares and conducts analyzes for a series of required bank financial/regulatory reports.
Works with Financial/Regulatory Reporting Manager, and/or other analysts to provide technical analysis and automated enhancements to reporting processes.
Works with Financial/Regulatory Reporting Manager, and/or other analysts to gather and analyze data for various regulatory reporting agencies (i.e., FDIC, FRB, OCC, etc.) performing examination. Assists in responding to inquiries from regulatory reporting agencies and parent company.
Assists with special projects as needed.
Maintains a proactive commitment to interface with the appropriate Bank departments in compiling reporting data, validating data accuracy, researching new and existing reporting requirements and enhancing the overall reporting process.
Seeks opportunities to improve established procedures and pivots to peers/management when needed to execute on optimization prospects.
Conducts preliminary research and impact assessments for financial/regulatory reporting guidance and instructions impacting the bank.
Creates and maintains process documentation in accordance to bank policy
WHAT DO YOU NEED TO SUCCEED
Minimum 3 years’ experience in accounting and/or financial reporting
Skills and Knowledge
Understanding of US GAAP and applications to Financial Institutions.
Ability to accurately, thoroughly and efficiently handle/analyze a high data volume; organize analyzed data into simple, complete and concise presentation formats; envision the global issue, separate symptoms from causes, research thoroughly; weigh costs/benefits and derive sound conclusions.
Strong verbal/written communication skills to interact with all levels of Bank personnel.
Ability to conduct analysis on complex matters (new regulations, new analytical procedures, etc.) with some level of independence and provide recommendations/ call to action to management.
Ability to problem-solve independently and follow established procedures while identifying opportunity areas.
Work experience in a Financial Institution preferred
CPA track preferred
Experienced in MS Office
Ability to prioritize tasks and handle multiple projects at the same time, working under tight deadlines
Demonstrates research capabilities to conduct qualitative and quantitative analyses and draw insights/actionable items from the analysis
Demonstrates strong organizational skills and attention to detail
Ability to interpret and present information to a variety of audiences
Demonstrates problem solving according to seniority level
Ability to work independently and in teams
Pivots to management, peers and other stakeholders when needed to conduct impact assessments and similar consultations
Positions based in New York City: you must be fully vaccinated against COVID-19, per city requirements.