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Jersey City

    Regulatory Reporting Associate - Jersey City, United States - Madison-Davis, LLC

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    Description

    Title: Regulatory Reporting Associate

    Office Status: Hybrid-Jersey City 1-2x a week

    Salary: $100,000-$130,000

    A midsized global investment bank is seeking a Regulatory Reporting Associate that will be involved in the preparation of BHC regulatory reports. This position will require Bank FRY regulatory reporting experience or experience from a public accounting firm with banking clients.

    Details:

    • Prepare various regulatory reports inclusive of the FRY 9C, FFIEC009/009a, Y9LP, FRY 11, FR2314, TIC reports, and all other US department of Commerce reports along with related supporting work papers and variance analysis.
    • Interact and work with the group companies within the firm to reconcile difference and perform regulatory calculation.
    • Continue to improve the process control effectiveness of the BHC regulatory reports.
    • Maintain and update EUC procedure and inventory list and the desk procedures manual to reflect changes in regulatory requirements.
    • Ensure accurate and timely completion of all regulatory reports.
    • Participate in regulatory reporting examinations, internal and external audits.
    • Responsible to work with other various departments to support BHC regulatory reports enhancement projects and work with team to participate in end user testing.
    • Keeping abreast of all the regulatory changes related to regulations that is impacting BHC regulatory reports.
    • Perform impact analysis for all the new products for the BHC regulatory reports
    • Responsible to implement latest quarterly maintenance release into Reg-Reporter application

    Qualifications:

    • Strong knowledge on financial products such as derivatives, repo, securities, loans and leases
    • Strong analytical and problem-solving skills; high level of deadline driven sense of urgency; attention to details, accuracy, and accountability
    • Bachelor's Degree in Accounting or Finance is required.
    • CPA or CFA is a big plus.


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