Financial Officer – Regulatory Reporting Interpretations Office

Financial Officer – Regulatory Reporting Interpretations Office

Requirements

• Bachelor’s degree in Accounting or Finance, or equivalent education and related training.
• Eight years of relevant accounting or finance experience that includes complex financial analysis.
• Familiarity with GAAP and regulatory reporting.
• Ability to work independently with minimal guidance. Proactive in completing tasks and producing deliverables.
• Strong verbal and written communication skills; ability to communicate effectively with subordinates, peers, and superiors within the Corporation, as well as appropriate individuals external to the Corporation.
• Strong analytical and problem-solving skills.
• Sound and logical decision-making abilities.
• Demonstrated leadership skills and ability to work well with others in a dynamic, team-oriented environment.
• Proficiency in basic computer applications, such as Microsoft Office software products.

Responsibilities

• Perform monitoring and interpretation of regulatory reporting requirements prescribed by the banking regulators (including the Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (FRB) and other regulatory bodies), perform accounting and regulatory reporting research in accordance with GAAP and regulatory reporting requirements and provide expert guidance.
• Collaborate and work across the Finance division to ensure integrity of regulatory reporting and ensure sound controls and procedures. Support reporting and analysis for additional constituencies, including Board of Directors, Investor Relations, and various regulatory agencies. Coordinate financial analysis and reporting process workflow within team. Provide leadership and mentoring for less experienced team members to improve their own technical expertise; review and approve work of other team members. Ensure that changes to reporting process workflow and/or data source are documented and communicated to downstream reporting groups.
• Apply knowledge of best practices derived from experience to identify and solve problems of higher technical or operational complexity by leading analysis of possible solutions using data analysis, experience, judgment and precedents. Take a new perspective on existing solutions to propose innovative solutions. Initiate and assist in implementing long-term solutions. Prepare and review materials to senior leadership summarizing issues and communicating solutions.
• Provide thought leadership and guidance to junior teammates. Work with business unit partners to ensure alignment on regulatory interpretations.
• Leverage working relationship with supported business areas and cross-functional departments to complete complex tasks and deliver high quality work. Initiate process improvements across broad organizational processes to address internal/external challenges.
• Coordinate with governance functions and internal and external auditors. Review and update policies and procedures for compliance with governmental regulations and corporate polices and standards. Coordinate development of new accounting processes and procedures, as needed. Assist in risk management governance and business continuity planning processes as necessary.

Preferred Qualifications

• Supervisory experience
• Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
• Master’s degree in Business Administration
• Specific financial services or specialized industry experience.
• Knowledge of regulatory reports produced within the Financial Services industry.