Regulatory Reporting Specialist

Summary/Objectives:

The purpose of this position is to perform the accurate and timely preparation and submission of regulatory reports required by federal and state banking agencies, including the Federal Financial Institutions Examination Council (FFIEC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Bank (FRB), and others. In addition, the position will support various accounting tasks to accurately record and report financial activity. This is a support position to provide adequate department coverage to complete work timely while maintaining proper internal controls.

Essential Functions

• Prepare, review, and submit all required regulatory reports, including but not limited to:

• FFIEC 031/041 Call Reports
• FR Y-9 series reports
• FR 2900, FR 2644
• FDIC Summary of Deposits
• State-level reports as applicable

• Monitor and ensure compliance with current regulatory reporting standards and updates issued by regulators.
• Work closely with accounting, finance, risk management, and compliance teams to ensure accuracy and completeness of data used in regulatory filings.
• Maintain appropriate documentation and internal controls to support report submissions and audits/examinations.
• Serve as a subject matter expert for regulatory reporting across the organization.
• Liaise with external auditors and regulatory examiners during examinations and audits.
• Participate in system upgrades, process improvements, and automation initiatives related to financial and regulatory reporting.

Secondary Functions

• Support timely monthly, quarterly, and year-end financial close, working with the Financial Reporting Analyst. This includes, but is not limited to the following: assigned journal entries, advanced account reconciliations, preparation of schedules required for SEC reporting.
• Assist with ongoing maintenance of the general ledger, comprehension and interpretation of data, troubleshoot and research accounting and processing issues.
• Prepare special financial reports as requested by management by collecting, analyzing, and summarizing information as needed.
• Cross-functional support for Accounting team colleagues as needed.
• Perform such duties, as may be assigned or required for efficient operation and the promotion of Bank business.

• Bachelor’s Degree in Accounting, Finance, or related field
• Minimum of 3-5 years of experience in the banking or financial services industry
• Strong knowledge of GAAP, banking regulations, and reporting frameworks (FFIEC, FRB, FDIC)
• Proficient in financial reporting systems and Microsoft Excel (advanced functions and data manipulation)
• Experience with regulatory reporting platforms (e.g., AxiomSL, Vermeg, Finastra, or similar) a plus
• Exceptional analytical, organizational, and communication skills
• Ability to work independently and manage multiple deadlines with a high level of accuracy
• Demonstrate willingness to be a team player

Preferred Education, Experience and Qualifications

• CPA or progress toward certification
• Minimum of 1-3 years of experience in regulatory reporting within the banking or financial services industry