What are the responsibilities and job description for the Financial Regulatory Reporting Analyst Sr position at Flagstar Bank?
The Senior Financial Regulatory Reporting Analyst is responsible for supporting the timely and accurate preparation and delivery of regulatory reports. This includes, but is not limited to, the coordination of data requests with upstream data providers, preparation and review of aggregated reporting data and execution of quality control procedures. They will also be responsible for working with data providers or regulatory reporting staff to resolve identified data or reporting issues. This individual is instrumental in improving the accuracy of regulatory reporting information in addition to the identification and implementation of process improvements to improve over all regulatory reporting efficiency.
All the relevant skills, qualifications and experience that a successful applicant will need are listed in the following description.
JOB RESPONSIBILITIES
- Plan and coordinate data and support requests from upstream business owners or regulatory reporting counterparts.
- Execute or confirm appropriate processing of reporting inputs within the designated reporting software.
- Routinely complete required business process controls (e.g. variance analysis, reconciliations, review checklists etc.) when preparing periodic reporting.
- Document identified data gap or assumptions and work with upstream business owners and supervisors to developed proposed remediation plans.
- Investigate and resolve system generated quality and validation checks and perform required follow-up to resolve.
- Contribute to the identification of opportunities to streamline processes, enhance efficiencies, and strengthen controls within the regulatory reporting function.
- Stay current with industry requirements, regulatory changes, and trends related to regulatory reporting and data quality, and integrate this knowledge into the quality control processes.
ADDITIONAL ACCOUNTABILITIES
JOB REQUIREMENTS
Required Qualifications :
Preferred Qualifications :
Job Competencies :