What are the responsibilities and job description for the Regulatory Reporting Analyst III position at Atlantic Union Bank?
Position Description
This position is primarily responsible for supporting the Manager of Regulatory Reporting with the preparation and/or supervising the preparation of various regulatory filings and related documentation/communication, and internal controls compliance.
Position Accountabilities
• Assist in the preparation and review of work papers supporting filings with the Federal Reserve Board and FDIC. (Including, but not limited to Call Report – FFIEC 041, FR Y-9C, FRY-9LP, and FR2900 and Summary of Deposits) to ensure filings are compete, accurate, and in compliance with applicable regulatory bodies
• Read and interpret existing and new regulatory reporting requirements to ensure proper reporting.
• Identify and execute continuous regulatory reporting process improvements to streamline, enhance automation and gain greater efficiencies.
• Maintain up to date knowledge of bank regulatory reporting rules, related changes, and general industry peer practices.
• Liaise with cross functional teams to ensure the Company properly considers regulatory reporting requirements for regulatory reporting requirements changes, new products and activities, system changes, mergers and acquisition activities, etc.
• Maintain regulatory reporting internal controls and ensure the related policies and procedures are documented.
• Assist in the analytic review process surrounding the regulatory filings.
• Coordinate calendars/tasks list to ensure all parties understand key deliverables and dates.
• Assist in responding to internal and external inquiries regarding financial data reported or filed.
• Coordinate and interact with internal and external auditors and third-party consultants when necessary.
• Assist in the implementation of new reporting requirements and regulatory initiatives.
• Perform other duties and projects as assigned.
Organizational Relationship
This position reports to the Manager of Regulatory Reporting and resides within the Controllers group.
Position Qualifications
Education & Experience
• Bachelor’s degree in accounting or finance (advanced degree preferred)
• Five to seven years of related experience, preferably in a financial institution
• Regulatory reporting experience preferred.
• CPA Preferred
Knowledge & Skills
• Working knowledge of functional area operations, products, services, and related compliance/regulations
• Experienced in analytical and problem-solving skills.
• Advanced excel proficiency and database use.
• Working experience with other data related and work paper documentation tools.
• Professional written, oral, and interpersonal communication skills necessary to provide information and courteous responses to internal and external personnel.
• Willing to support teammates and be a team player.
• Flexible, able to adapt to change and learn quickly.
We are proud to be an EEO/AA employer, Minority/Female/Disability/Veteran. We maintain a drug-free workplace.
