What are the responsibilities and job description for the Regulatory Reporting Financial Analyst position at Lenmar Consulting Inc?
Regulatory Reporting Analyst
New York (Local to NJ & NY only)
12 month contract
**Hybrid role - 3 days in office & 2 days WFH**
**1 round of Zoom**
Bank Regulatory Reporting
Position Description
Brokerage Bank NA (MSBNA) and Brokerage Private Bank (MSPBNA) are nationally chartered banks and material operating subsidiaries of Brokerage. These entities are regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). The Bank Regulatory Reporting team is a group within the Finance division responsible for regulatory reporting for MSBNA and MSPBNA.
This role includes, but is not limited to the following activities:
- Assisting in the review of the US Banks regulatory reports (FFIEC 031-Call Report, FR2900, FR2644, FRY8), as well as ensuring that appropriate auditable documentation for all reports exists.
- Assisting with finance data automation initiatives and implementation in coordination with the FSS Mumbai Reg Reporting team.
- Reviewing, researching, and assessing impact of updates to regulatory reporting instructions/requirements.
- Interacting with service providers/process owners (i.e. business units controllers, operations, trading desk, finance shared services).
- Performing various adhoc requests, including assistance with presentations, audit requests, and researching accounting and/or regulatory inquiries.
- Ensuring that the Banks maintain a strong internal control environment (including performance of due diligence procedures and procedures documentation).
Qualifications
Required
- Bachelor's Degree in Accounting or Finance with 5 years related experience
- Strong Bank Regulatory Reporting background required
- Accounting / Finance degree (proficiency in US GAAP accounting)
Skills Desired
- Well organized, detailed, analytical individual with ability to multi-task and prioritize conflicting demands
- Ability to communicate well both written and verbal
- Strong organizational skills with the ability to multi task and prioritize conflicting demands
- Ambitious, analytical, self motivated individual with a strong work ethic, positive attitude and the ability to work both independently and as part of a team