Department: Finance - North America Regulatory Reporting

About Business line/Function: The Bank Regulatory Reporting Department is seeking an Assistant Vice President to prepare and review the US entities regulatory reports submitted to the Federal Reserve Bank, and other regulators.

The jobs main responsibility is to prepare all required regulatory and financial reports and to ensure their correctness, consistency and prompt submission. The position requires intensive involvement in special projects relating to the regulatory reporting tool maintenance and upgrades, GL system interfaces, Axiom automation and remediation effort to improve the overall data quality and process efficiency.

Position Purpose: To contribute for the NAR regulatory filings

Responsibilities:

- Assist with the bank regulatory reporting managers to maintain and enhance the BAU production process and control framework around the Bank Regulatory Reporting processes

- Responsible for the preparation and filing of the required Bank Regulatory Reports perform daily, monthly and quarterly production for various Regulatory instances under US GAAP.

- Enforce controls and ensure that financial statements are in balance; prepare balance sheet and income statements reconciliation schedules.

- Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns.

- Liaise with various internal (i.e. Legal, Compliance, Audit, Territory Governance, Finance Project Office and Business Operations) and external constituencies (i.e. regulators, external auditors and consultants).

- Identify, escalate and remediate data quality issues

- Participate in bank examinations and internal and external audits.

- Knowledge of the banks current regulatory reporting tools, general ledgers, offered products and its related activities.

- Establish and maintain communication with the Financial Reporting Group, the Project Office Group, and the Control & Reconciliation Group and ensure that regulatory reporting requirements are properly addressed on all levels of system and procedural changes, including the introduction of new bank products.

- Assist with the implementation of the new Regulatory Reporting tool; including performing system testing and UAT reporting and continuing automation effort.

Contributing Responsibilities:

- Assist with the bank regulatory reporting managers to maintain and enhance the BAU production process and control framework around the Bank Regulatory Reporting processes

- Responsible for the preparation and filing of the required Bank Regulatory Reports perform daily, monthly and quarterly production for various Regulatory instances under US GAAP.

- Enforce controls and ensure that financial statements are in balance; prepare balance sheet and income statements reconciliation schedules.

- Analyze, reconcile, and review all accounts under their responsibility by performing a variance analysis of corresponding revenue/balance sheet items, highlighting trends, and following up on questions/ concerns.

- Liaise with various internal (i.e. Legal, Compliance, Audit, Territory Governance, Finance Project Office and Business Operations) and external constituencies (i.e. regulators, external auditors and consultants).

- Identify, escalate and remediate data quality issues

- Participate in bank examinations and internal and external audits.

- Knowledge of the banks current regulatory reporting tools, general ledgers, offered products and its related activities.

- Establish and maintain communication with the Financial Reporting Group, the Project Office Group, and the Control & Reconciliation Group and ensure that regulatory reporting requirements are properly addressed on all levels of system and procedural changes, including the introduction of new bank products.

- Assist with the implementation of the new Regulatory Reporting tool; including performing system testing and UAT reporting and continuing automation effort.

Technical & Behavioral Competencies:

Basel Knowledge, working experience in the Regulatory Reporting space

Specific Qualifications:

- Master degree in Accounting or Finance

- CPA/CA is a required

Knowledge of:

- FBO requirements preferred

- Axiom preferred

- SQL preferred

- Excel skills with formulas (including pivot tables, VLOOKUP, SUMIF)