What are the responsibilities and job description for the Regulatory Reporting Analyst position at Global Technical Talent, an Inc. 5000 Company?
Job Title: Regulatory Reporting Analyst
Contract Duration: 6 Months (Extension)
Location: Houston, TX
Work Type: Remote - Houston/NYC/San Francisco. Monday - Friday 9 am - 5 pm with overtime as needed.
Story Behind the Need:
Business group: Houston Finance, supporting regulatory reporting
Project:
Leading Canadian bank offering a wide range of financial services. Committed to employee development, innovation, and performance-based rewards. Join our team and embark on a rewarding career journey.
About GTT:
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation's largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity!
25-19544:
Contract Duration: 6 Months (Extension)
Location: Houston, TX
Work Type: Remote - Houston/NYC/San Francisco. Monday - Friday 9 am - 5 pm with overtime as needed.
Story Behind the Need:
Business group: Houston Finance, supporting regulatory reporting
Project:
- In this role, the Regulatory Reporting Analyst will contribute to the overall success of the U.S. Finance Department, ensuring specific individual and departmental goals, plans, and initiatives are executed and delivered in support of the team's business strategies and objectives within the U.S. and globally as part of Global Business Markets (GBM).
- You must ensure all activities conducted are in compliance with governing regulations, internal policies, and procedures for the Houston Branch and Holding (USA), LLC.
- It includes preparation and review of regulatory reports, and manages/coordinates the issues identified around AXIOM logic and data integrity/quality issues for Houston Branch's reporting perspective.
- Prepare regulatory reports as assigned in accordance with US GAAP and reporting instructions covering daily, weekly, monthly, quarterly, and annual reports (e.g., FR2900, FR2644, FFIEC 002, FFIEC 019, TIC reports, BE reports, etc).
- Working knowledge of the reporting tool (Axiom) used by the department to produce the regulatory filings.
- Document and monitor issues related to system/data quality from regulatory reports. Continuously drive accountability for the accuracy of Critical Data Elements (CDEs) used for Regulatory Reporting. Work with team members for initial root causes analysis and resolution channel.
- Collaborate with various stakeholders across business and functional areas of the Bank (i.e., AXIOM Project team, Data Governance, Operations, Treasury, Credit Risk, Product Control, IT, etc) to interpret, operationalize, and implement new reporting requirements and to resolve known and self-identified issues.
- Regulatory Reporting Analyst participates in end-to-end testing on all AXIOM BAU releases as applicable.
- Help prepare and coordinate requested information and answer questions from Internal Audit, Quality Assurance Internal Control, and external Fed Exams. Implement improvements to processes and controls based on testing results.
- Create/update Policies & Procedures and other documentation, including process flows and risk control matrices.
- Assist in the data collection for regulatory reporting metrics for dashboards.
- Prepares presentation decks for internal stakeholders. Assist in the development and/or updating of training material and conduct training as necessary.
- Attends required Finance, U.S. GAAP/IFRS, Regulatory, and any mandatory Compliance training.
- Ability to respond promptly and sufficiently to ad-hoc regulatory requests while ensuring other deliverables are met.
- Demonstrate an ability to exercise a high degree of initiative, independent judgment, and self-direction in meeting objectives and solving problems while knowing when to reach out for clarification and/or assistance.
- Other tasks as assigned.
- 3 years working experience in financial and regulatory reporting at a large and complex banking organization or consulting firm, with 3 years focused on regulatory reporting.
- Proficient PC Skills, especially in MS Office Suite; Advanced Excel (formulas, pivot tables, Vlookup, etc), and comfortable dealing with big data sets.
- Strong Accounting knowledge and comprehension of U.S. GAAP accounting rules/ instructions
- Strong understanding of banking and capital markets (preferably loans, deposits, prime service, etc.)
- Knowledge of what controls are needed when working on certain processes (related to Internal Control)
- Working knowledge/experience of AXIOM
- PeopleSoft experience is an asset
- Strong work ethics and accountability
- Strong written and verbal communication skills, including presentation skills to senior management
- Ability to work effectively in a dynamically changing environment and strong learning capability
- Control mindset
- The strongest candidates would have more years' experience on top of the requested regulatory reporting skills, quick to learn and relate the knowledge to the new tasks.
- Listed nice-to-haves and strong desired soft skills are also a great asset.
- Bachelor's degree in a technical field such as computer science, computer engineering, or related field required
Leading Canadian bank offering a wide range of financial services. Committed to employee development, innovation, and performance-based rewards. Join our team and embark on a rewarding career journey.
About GTT:
GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. As a Native American-owned, economically disadvantaged corporation, we highly value diverse and inclusive workplaces. Our clients are Fortune 500 banking, insurance, financial services, and technology companies, along with some of the nation's largest life sciences, biotech, utility, and retail companies across the US and Canada. We look forward to helping you land your next great career opportunity!
25-19544:
