What are the responsibilities and job description for the Financial Regulatory Reporting Consultant position at Asset Staffing?
Major bank in midtown Manhattan seeks experienced FINANCIAL REGULATORY REPORTING CONSULTANT for long term hybrid role. Please only respond if you are able to go into their Manhattan office-NYC
Financial Regulatory Reporting is a team responsible for the preparation of regulatory filings
for multiple entities under operations
FINANCIAL REG REPORTING TEAM
HELP PRODUCTION-FRYS
DIRECT EXPERIENCE A PLUS FRY 15
WILL TAKE SOMEONE WITH FINANCIAL REGULATORY REPORTING -BANK CORE REPORTS
FFIEC 031, FFIEC 002, FFIEC 009, FFIEC 019, FR2644, and FR2900
US GAAP EXPERIENCE
BALANCE SHEETS
FINANCIAL PRODUCTS EXPERIENCE
The primary responsibility of the position is to prepare assigned regulatory reports in an accurate and timely manner in accordance with US GAAP and instructions from regulatory authorities, which requires working knowledge of financial accounting and regulatory reporting, as well as understanding of the financial industry. The position will be responsible
for regulatory reports across all entities under the US Operations
Prepare daily/weekly/monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports such as FR Y-15, FR Y-9C, FFIEC 031, FFIEC 002, FFIEC 009, FFIEC 019, FR2644, and FR2900, Department of Treasury reports (TIC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125)
Reconcile reporting data to GL, validation of static data and perform variance analysis
Ensure that changes in the reporting instructions and accounting standards made by the regulatory authorities are incorporated within the reports submitted
Assist in maintaining and updating procedure documentations related to new and existing regulatory requirements to ensure firm’s compliance
Keep track of each assigned tasks and projects, and meet each deadline
Coordinate with multiple stakeholders across organization
REQUIREMENTS:
Bachelor’s degree with accounting major is a big plus
Proficiency with Microsoft Excel, PowerPoint, and Word
Experience in BI tools such as Alteryx or Power Bi is a plus
Working knowledge of regulatory reporting or financial reporting
Basic knowledge of financial products such as loans, deposits, securities, derivatives, money market products, repos
Minimum 3 years of experience in Big 4 or large regional accounting firms (banking or capital market clients), financial accounting, product control or regulatory reporting area, experiences in banking is required
CPA, CFA or equivalent license is a big plus
Salary : $53 - $53