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Senior Financial Reporting Analyst I

East West Bank
Pasadena, CA Full Time
POSTED ON 9/19/2024 CLOSED ON 2/1/2025

What are the responsibilities and job description for the Senior Financial Reporting Analyst I position at East West Bank?

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview

Responsible for the preparation of both internal and external reports including SEC and regulatory filings.

Responsibilities

  • Complete regulatory reporting filings such as call reports, FR Y-9LP, FR Y-9C, FR Y-6, FR Y-10 etc. assist in implementing solutions for process improvement, and maintain documentation of process and procedures
  • Participate in all aspects of quarterly/annual SEC filings, including 10-Q, 10-K, 8-K, 11-K and other SEC filings) including the revamp of certain sections as assigned; Work paper/electronic compilation and tie-out; Integrating comments provided by colleagues and interacting with business leaders to ensure accurate filings; XBRL tagging of the Financial Statements and Footnotes; Managing the SEC reporting software (Workiva); Completing GAAP and SEC disclosure checklists; assist with development of ESG reporting process.
  • Provide audit, accounting, and compliance support by satisfying all requests timely and accurately with requested information
  • Independently research accounting and disclosure-related matters and incorporate new GAAP/SEC reporting requirements into filings and recommend improvements to existing disclosures to ensure compliance and effectiveness
  • Communicate with external and internal auditors regarding financial reporting matters
  • Prepare various schedules for internal reporting requirements including the monthly Board package
  • Prepare and review various schedules and reports for internal users and external auditors, and assist in the audit of financial statements and related footnotes
  • Perform and complete ad-hoc analyses and projects as needed

Qualifications

  • CPA license or MBA preferred
  • Banking/financial institution experience is preferred.
  • Experienced in banking risk-based capital preparation is a plus
  • At least 5 years public accounting and/or public company financial reporting experience
  • Solid knowledge of generally accepted accounting principles and concepts
  • Strong analytical, organizational, and problem-solving skills; including research skills regarding current and prospective updates to SEC disclosure requirements and regulatory reporting
  • Demonstrated strong attention to detail and accuracy
  • Ability to establish priorities, work independently, and proceed with objectives without supervision
  • Proven ability to perform under pressure and to adjust plans to meet changing needs and requirements
  • Excellent team player who can build and leverage working relationships
  • Experience with PeopleSoft GL and Workiva software
  • Proficient in Microsoft Excel

EDUCATION and/or EXPERIENCE:

 

Bachelor’s degree (B.A.) from four-year college or university; and at least 5 years public accounting and/or financial reporting experience.

 

LANGUAGE SKILLS:

 

Strong verbal and written communication skill. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence and procedure manuals. 

 

PHYSICAL DEMANDS:

 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

While performing the duties of this job, the employee is regularly required to sit.  The employee frequently is required to talk or hear.  The employee is occasionally required to stand; walk; use hands to finger, handle, or feel objects, tools, or controls; and reach with hands and arms.

 

The employee must occasionally lift and/or move up to 10 pounds.  Specific vision abilities required by this job include close vision.

 

WORK ENVIRONMENT:

 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.   Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Compensation

The base pay range for this position is USD $85,000.00/Yr. - USD $100,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

Salary : $85,000 - $100,000

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