What are the responsibilities and job description for the Senior Regulatory Reporting position at WSN?
Regulatory Reporting role is a senior level position within the Controllers Organization that will report up through the Global Head of Regulatory and Capital Reporting. The individual will support the preparation, analysis and submission of regulatory reports to various constituencies (local regulators, U.S. Client, OCC, etc.) based on applicable requirements such as U.S. Regulatory and local regulatory reporting rules and instructions. The position will have a high level of visibility within the organization with opportunities to work directly with Executive Management and will interact very closely with other Finance and non-Finance functions throughout Client, including the Businesses, Risk, Treasury, Capital Controllers, SEC Reporting, Enterprise Data Organization, as well as Enterprise Technology, & Operations.
In this role, you're expected to:
- Lead the Review & Challenge of the Transaction Testing exceptions identified by the Internal Audit, Quality Assurance, and Risk teams to ensure that the Transaction Testing results are accurate. This includes challenging the validity of the exceptions, identifying approximate root cause and sizing of the issue theme.
- Perform assessments of identified data and control issues to determine impact to our Client Regulatory Reports, thru application of Regulatory Reporting expertise.
- Support the production, review and timely submission of regulatory filings and reports to U.S. regulators including reports such as FR Y-9C, Call Report, FFIEC 009, FR Y-15 and others.
- Monitor and manage key metrics associated with reports to identify challenges and issues. Support the implementation of processes and controls to mitigate the risk of inaccurate reporting. Collaborate with teams to resolve discrepancies.
- Manage process improvement efforts to enhance the accuracy, efficiency, and transparency of the regulatory reporting process.
- Support regulatory inquiries and examinations, providing accurate information and analysis to support regulatory reviews.
- Partner with senior stakeholders across the firm, including Risk, Finance, Audit to provide updates on regulatory developments and impact assessments.
- Partner with Risk & Controls team to maintain and enhance an effective internal control's structure.
As a successful candidate, you'd ideally have the following skills and exposure:
- 10 years of extensive experience within the financial services industry and regulatory reporting.
- In-depth knowledge of U.S. regulatory reports such as those mentioned above along with exposure to Basel III capital regulations, GAAP/SEC Reporting and stress testing frameworks like CCAR.
- Able to navigate through a large organization to streamline and summarize multiple information points and create repeatable processes to build consistency in presenting information.
- Exceptional oral and written communication skills, with ability to synthesize complex concepts, and influence change.
- Strong technical problem-solving skills and an ability to identify conflicts, discrepancies and other issues and bring together the right team to solution them.
- Strategic mindset, ability to plan ahead to future possibilities and translate them into breakthrough strategies.
- Ability to manage competing priorities and tasks in a complex and dynamic and work well as part of a team.
Education:
- Bachelor's/University degree in Finance, Accounting or related field; CPA or MBA preferred.
