Regulatory Reporting Consultant - New York, United States - Lenmar Consulting Inc

    Lenmar Consulting Inc
    Lenmar Consulting Inc New York, United States

    3 weeks ago

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    Description

    Title: Regulatory Reporting Consultant - CCAR

    Location: New York, NY

    Remote/Hybrid/Onsite: Onsite

    Position Type: Contract

    Duration: 12 Months +

    Rate: $53/hr-$58/hr

    Role Overview

    The candidate will have regular interaction with various teams across the global Finance organization as the PMO for FR Y-14Q (CCAR) filings to strengthen and streamline the communication framework.

    Responsibilities

    • Monitor and implement instructions and forms changes as necessary
    • Assist in the coordination and communication of the CCAR (FR Y-14Q) instruction changes and FAQs to the relevant teams including Reg Reporting providers, treasury, and attestation leads to confirm the implementation and ownership of controls/attestations.
    • Assist in the coordination and communication of Client Bank inquiries.
    • Act as a liaison between the FRB and the report SMEs.
    • Manage and foster a strong relationship with FRBNY
    • Assist in coordination, preparation, response, and issue management across Regulatory Exams and Internal 2nd and 3rd line reviews. Leverage expertise, framework, approach and lessons learned across Regulatory exams.
    • Develop remediation plans for findings issued during regulatory exams, internal audits and regulatory reporting quality assurance reviews- Assist in the coordination and communication of the CCAR production calendar to relevant teams including Reg Reporting providers, treasury, and attestation leads to confirm process timeline and ownership of controls/attestations.
    • Assist in materiality assessment process which includes assessing open issues for their impact on CCAR- Progress controller led adoption of Digital tools (i.e. Alteryx , MS Viz, UI Path).
    • Participate in Regulatory Reporting training agenda.
    • Ensure development and timely update of regulatory reporting policies and procedures.

    Qualifications

    • BS/BA in Accounting, Finance or related area and 8+ years relevant Regulatory Reporting or closely related industry experience.
    • Relevant governance, audit, control, and leadership experience, specifically in areas of accounting, risk management, and finance in a large financial institution
    • Regulatory Reporting preparation and leadership experience, with specific knowledge of FR Y14, FR Y9C and/or Capital reporting a plus
    • Strong executor that can lead across organizational lines and drive progress on priorities and issues.
    • Ability to communicate complex ideas in a clear and concise manner, shaping the opinions and actions of key stakeholders and gaining their trust.
    • Proficiency in MS Office applications, i.e., Excel, PowerPoint.
    • Excellent analytical, quantitative, and problem-solving skills.
    • Strong communication, organizational and time management skills.
    • Ability to work under the pressure of deadlines.
    • Ability to handle and resolve recurring challenges and problems.

    If you believe you're a suitable fit for this position, please apply directly with your most updated resume. Our organization values effective communication, although it's important to understand that we may not always be able to provide application updates to every candidate. If, following a review of your profile, we identify you as a potential match, a recruiter will contact you directly to discuss your candidacy.