What are the responsibilities and job description for the Associate Director - Regulatory Reporting Governance & Controls position at Flagstar Bank?
The Financial Regulatory Reporting Governance & Controls Associate Director (“G&C AD”) is responsible for establishing and maintaining a robust governance framework to support the periodic processing and reporting of required financial regulatory reports to the Federal Reserve Bank. Lead processes and projects in direct support of the Director of Regulatory Reporting. The G&C AD will oversee a team of individuals separately responsible for a combination of, project management, CFO Attestation, and policy and controls documentation. The G&C AD will oversee governance and project status reporting to internal stakeholders, and steering committees including the Board of Directors. Communicate on a cross functional basis, inside and outside of Finance, with senior management and must be able to communicate complex matters in a clear, concise manner while keeping the big picture in perspective. Oversee complicated projects related to report processing, data quality and sourcing and process improvements. $140,621.69-$186,323.74-$232,025.80
JOB RESPONSIBILITIES
- Establish and maintain a framework and process for collecting and summarizing sub attestations from data providers who are responsible for information provided to and collected by the regulatory reporting team for purposes of generating the required reports.
- Direct the development and compilation of internal executive level reporting.
- Support the development and maintenance of the Regulatory Reporting Risk & Controls Matrix by providing necessary guidance and oversight to the Regulatory Reporting Controls Manager.
- Support the development and maintenance of the Regulatory Reporting Policy inclusive of updates in response to new products and new regulations by providing necessary guidance and oversight to the Regulatory Reporting Policy Manager.
- Oversee the management of request coordination to ensure the timely response to internal (RRQA, IA, ECM) needs as well as external needs (Audit, Regulatory Inquiries etc).
- Provide mentoring and guidance and resolve non-routine concerns for regulatory reporting managers and staff and other departments by researching and interpreting regulatory policy, applying observations and recommendations to operational issues.
ADDITIONAL ACCOUNTABILITIES
JOB REQUIREMENTS
Required Qualifications :
Preferred Qualifications :
Job Competencies :
Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.
Salary : $232,026
