Regulatory Reporting Product Specialist

  •  

Charlotte, NC

Industry: Financial Services

  •  

5 - 7 years

Posted 243 days ago

This job is no longer available.

Regulatory Reporting Product Specialist

Charlotte, NC

The Centralized Regulatory Reporting (CRR) team is part of the CFO-Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC and other regulators. CRR is seeking a highly motivated individual for a Senior Financial Analyst position seeking to expand their knowledge and expertise. 

This position is responsible for analysis, interpretation, and documentation of the application of U.S. regulatory reporting requirements focused on specific banking products in order to ensure adherence to requirements. Interpretation and application of regulatory requirements require extensive collaboration with all levels of business partners and regulatory agencies.

Responsibilities

The successful candidate will join a dynamic environment that offers numerous opportunities to learn, grow, impact and drive changes for the Company. In particular, the candidate will:

  • Research, analyze, and interpret changes in US regulatory requirements
  • Provide guidance for complex regulatory requirements, including translation and application of such into reports
  • Communicate and document the rationale for interpretation and application of regulatory requirements
  • Review and/or revise application of regulatory requirements across varying US regulator reports
  • Examine financial information and data attributes provided by Regulatory Reporting team and other line of business members for disclosure in the Company's external regulatory reports
  • Work closely with teams across the organization including: Enterprise Stress Test, Lines of Business, Operations & Technology, Risk, Compliance, Financial Controls and Oversight, and other GFC teams to resolve regulatory reporting issues
  • Be a quick learner and possess intellectual curiosity and proactively investigate issues
  • Strive for quality and accuracy

Qualifications

  • 5 to 8years of accounting related experience
  • Bachelordegree in Accounting/Finance
  • Strong understanding of balance sheet, income statement and banking products
  • Strong analytical, problem solving capabilities
  • Strong technical accounting skills and knowledge
  • Ability to work independently to meet deadlines
  • Excellent verbal and written, including well-developed presentation skills
  • Ability to collaborate with teammates and business partners
  • Ability to proactively identify problems and develop solutions
  • Strong Excel and PowerPoint skills

Desired Skills:

  • CPA
  • Familiarity with SAP general ledger
  • Familiarity with bank regulatory reporting requirements
  • Familiarity with researching financialreporting/ accounting technical requirements

More information about the job

Is Relocation Available?

No

Is there a bonus structure?

15%

Are you open to sponsorship?

No

This position is:

New Position

Is there a possibility to work remote?

No

Is there equity?

No

Are there flexible work hours?

No

Does this position have direct reports?

No

Who does this position report to?

Senior Vice President; Sr. Finance Mgr

What are the 3-4 non-negotiable requirements on this position?

5 to 8years of accounting related experienceBachelordegree in Accounting/Finance Understanding of bank regulatory reporting requirements Strong understanding of balance sheet, income statement and banking products Strong analytical, problem solving capabilities Strong technical accounting skills and knowledge Ability to work independently to meet deadlines

What are the nice-to-have skills?

CPA Familiarity with SAP general ledger Familiarity with researching financialreporting/ accounting technical requirements

What is exciting about this opportunity? Please use this section to describe team and company culture.

Position is a part of the Centralized Regulatory Reporting (CRR) team within the CFO-Global Financial Control organization. Our purpose is to drive high quality regulatory reports through operationally efficient control processes and system solutions to support the production of various regulatory reports as required by the Federal Reserve, OCC, FDIC and other regulators. CRR is seeking a highly motivated individual for a Senior Financial Analyst position seeking to expand their knowledge and expertise. This position is responsible for analysis, interpretation, and documentation of the application of U.S. regulatory reporting requirements focused on specific banking products in order to ensure adherence to requirements. Interpretation and application of regulatory requirements require extensive collaboration with all levels of business partners and regulatory agencies.