What are the responsibilities and job description for the Regulatory Analyst position at Crédit Agricole CIB?
Job description
Business type
Types of Jobs - Finance / Accounting
Job title
Regulatory Analyst
Contract type
Permanent Contract
Expected start date
05/05/2025
Management position
No
Job summary
Summary:
U.S. GAAP accountant that is able to handle the timely and accurate submission of all U.S. regulatory reports required of a FBO.
Key Responsibilities:
Technical:
- Detailed review of all quarterly Call Reports before submission to the branches and regulatory agencies, i.e. the FFIEC 002 report.
- Preparation of the following reports, FR2900, FR2420, FR2644, all TIC reports, 019 Country risk reporting.
- Ability to prepare U.S. GAAP adjusting entries to the various regulatory reports as needed.
- Review all regulatory reports prior to submission to the regulatory agencies with management.
- Respond to inquiries from local regulators regarding information reported.
- Respond to the Branches and agencies request for information or supporting documentation with regards to their report filings and examinations.
- Review and assess the impact of new and revised reporting requirements as they occur.
- Perform periodic compliance and industry best practices review on all regulatory reports.
- Liaise with various regulatory reporting industry groups to establish a Credit Agricole presence within the community.
- Knowledge of AXIOM (updating with new reporting requirements and mappings)
Responsibilities:
- Monitor all Legal Ratios and define legal lending limits for both Reg K and W.
- Prepare regulatory reports FRY 7 N, and FR Y 7NS reports.
- Act as liaison between Paris and the Federal Reserve Bank on the FRY 7 Q filing
- Maintain established contacts with regulators to clarify reporting issues and monitor future changes.
- Coordinate with internal audit and, or Compliance, the examinations of reports by Federal and State regulators.
- Prepare responses to comments made by Federal, State and internal auditors.
- Provide regulatory guidance to other Credit Agricole Branches as required.
- Participate in the development of new products to determine the regulatory impact.
- Provide input to other departments in the bank on the reporting impact of proposed or existing transactions.
- Prepare written memorandum on topics of concern related to regulatory reporting for Credit Agricole management.
- Define and prioritize the technology related needs of the regulatory reporting department.
- Establish reporting procedures and compliance with revised and/or newly required regulatory reports.
Salary Range: $100K-$135K
#LI-DNI
Position location
Geographical area
America, United States Of America
City
NEW YORK
Candidate criteria
Minimal education level
Bachelor Degree / BSc Degree or equivalent
Academic qualification / Speciality
Essential:
Bachelors in Accounting
Desirable:
Masters
Level of minimal experience
11 years and more
Experience
Essential:
Minimum 10 years experience
Required skills
Essential:
Knowledge of US Regulatory Reporting
Desirable:
CPA
Knowledge of AXIOM
Languages
Proficient in English (written and verbal)
Salary : $100,000 - $135,000
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