What are the responsibilities and job description for the Regulatory Reporting Analyst position at Royal Bank of Canada>?
Job Summary
Job Description
What are you going to do?
- Assist in the preparation, analytical review, and filing of core Federal Reserve regulatory reports including but not limited to the FR Y-9C, FFIEC 002, FR Y-14, FR Y-9LP, FRY-7Q, FR 2314, FRY-11 & TIC Reporting Series
- Review / maintain documentation of procedures, RCSA and governance for regulatory reports
- Monitor and implement on-going changes in regulatory reporting requirements
- Partner with LECs on month-end close processes for core FRB reporting entities to understand emerging accounting issues / adjustments and their impact to regulatory reporting processes
- Drive awareness level of LECs to regulatory developments and guidance impacting regulatory reports and processes
- Update report preparation procedures to include changes due to automation and / or control updates
- Work with regulatory team leaders to research and document key rule interpretation decisions
- Document regulatory reporting impact of proposed new business, products and strategic transactions on an ongoing basis in collaboration with LECs
- Prepare and maintain US GAAP to RAP reconciliation schedules with relevant support
- Participate in and document interactions with regulators across RBC reporting platform
- Partner with reporting teams during User Acceptance Testing to ensure control implementation
- Analyze workflows across reporting teams and work with managers to develop strategic work plans
- Perform data validation with the goal of developing controls for reporting consistency
- Oversee manual data sourcing, identify or raise automation initiatives and report progress to management
Must haves :
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
The good-faith expected salary range for the above position is $65,000 - $105,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements of total compensation, including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that :
Job Skills
Audits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Regulatory Reporting, Reporting Processes, Reporting Requirements
Additional Job Details
Address :
GOLDMAN SACHS TOWER, 30 HUDSON STREET : JERSEY CITY
City : Jersey City
Country :
United States of America
Work hours / week : Employment Type :
Full time
Platform : OFFICE OF THE CFO
Job Type : Regular
Pay Type : Salaried
Posted Date : 2025-01-07
Application Deadline :
2025-04-30
Note : Applications will be accepted until 11 : 59 PM on the day prior to the application deadline date above
I nclusion and Equal Opportunity Employment
At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com .
Salary : $65,000 - $105,000
