Regulatory Reporting Specialist
US Tech Solutions
- New York City, NY
- Contract
- Full-time
Duration: 12 Months
Location: NYC, NYResponsibilities
- The candidate will have regular interaction with various teams across the global Finance organization as the PMO for FR Y-14Q (CCAR) filings to strengthen and streamline the communication framework, which includes but not limited to:
- Monitor and implement instructions and forms changes as necessary
- Assist in the coordination and communication of the CCAR (FR Y-14Q) instruction changes and FAQs to the relevant teams including Reg Reporting providers, treasury, and attestation leads to confirm the implementation and ownership of controls/attestations.
- Assist in the coordination and communication of Client Bank inquiries.
- Act as a liaison between the FRB and the report SMEs. Manage and foster a strong relationship with FRBNY
- Assist in coordination, preparation, response, and issue management across Regulatory Exams and Internal 2nd and 3rd line reviews. Leverage expertise, framework, approach and lessons learned across Regulatory exams.
- Develop remediation plans for findings issued during regulatory exams, internal audits and regulatory reporting quality assurance reviews- Assist in the coordination and communication of the CCAR production calendar to relevant teams including Reg Reporting providers, treasury, and attestation leads to confirm process timeline and ownership of controls/attestations.
- Assist in materiality assessment process which includes assessing open issues for their impact on CCAR- Progress controller led adoption of Digital tools (i.e. Alteryx , MS Viz, UI Path).
- Participate in Regulatory Reporting training agenda.
- Ensure development and timely update of regulatory reporting policies and procedures.
- BS/BA in Accounting, Finance or related area and 8+ years relevant Regulatory Reporting or closely related industry experience.
- Relevant governance, audit, control, and leadership experience, specifically in areas of accounting, risk management, and finance in a large financial institution
- Regulatory Reporting preparation and leadership experience, with specific knowledge of FR Y14, FR Y9C and/or Capital reporting a plus
- Strong executor that can lead across organizational lines and drive progress on priorities and issues.
- Ability to communicate complex ideas in a clear and concise manner, shaping the opinions and actions of key stakeholders and gaining their trust.
- Proficiency in MS Office applications, i.e., Excel, PowerPoint.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong communication, organizational and time management skills.
- Ability to work under the pressure of deadlines.
- Ability to handle and resolve recurring challenges and problems