Financial Regulatory Reporting Associate

Financial Regulatory Reporting

Financial Regulatory Reporting is a team responsible for the preparation of regulatory filings for multiple entities under US operations, reporting to CFO. This is a hybrid position. The selected colleague will work at office an average of two or three days per week with the remainder worked remotely.

Core Responsibilities

The primary responsibility of the position is to prepare assigned regulatory reports in an accurate and timely manner in accordance with US GAAP and instructions from regulatory authorities, which requires working knowledge of financial accounting and regulatory reporting, as well as understanding of the financial industry.

The position will be responsible for regulatory reports across all entities under the Combined US Operations.

Prepare daily / weekly / monthly / quarterly / annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FR Y-15, FR Y-9C, FFIEC 031, FFIEC 002, FFIEC 009, FFIEC 019, FR2644, and FR2900), Department of Treasury reports (TIC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125)

Reconcile reporting data to GL, validation of static data and perform variance analysis

Ensure that changes in the reporting instructions and accounting standards made by the regulatory authorities are incorporated within the reports submitted

Assist in maintaining and updating procedure documentations related to new and existing regulatory requirements to ensure firm's compliance

Keep track of each assigned tasks and projects, and meet each deadline

Coordinate with multiple stakeholders across organization

Support management and team members

Required Skills

Bachelor's degree with Accounting major is preferred

2-3 years of experience

Proficiency with Microsoft Excel, PowerPoint, and Word

Experience in BI tools such as Alteryx or Power Bi is a plus

Working knowledge of regulatory reporting or financial reporting

Basic knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos etc.)

Minimum 3 years of experience in Big 4 or large regional accounting firms (banking or capital market clients), financial accounting, product control or regulatory reporting area, experiences in banking is required US CPA, CFA or equivalent license is a big plus

Strong ability to handle multiple tasks