Contract Regulatory Reporting Analyst

Cap Bon's  Client looking for Contract Regulatory Reporting Analyst

This is a hybrid position with the following schedule:

In office: 3 days one week, 2 the next 

Week 1: – Mon, Tues, and Weds
Week 2: – Thurs and Fri

Financial Regulatory Reporting is a team responsible for preparation of financial regulatory filings for multiple entities.

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 basic 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 of the company.

Responsibilities:

• Prepare daily/weekly/monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FFIEC 031, FR Y-9C, and FFIEC 009), Department of Treasury reports (e.g. TIC Reports and TFC Reports), and Department of Commerce reports (e.g. BE-605, BE-15, and BE-125)
• Reconcile reporting data and perform variance analysis
• Ensure that changes in the reporting instructions made by the regulatory authorities are incorporated within the reports submitted
• Coordinate with multiple stakeholders across organization
• Support management and team members
• Prepare assigned reports to regulatory authorities with accurate financial information and in a timely manner, and maintain back-up supporting documents
• Prepare variance analysis for reports assigned, and understand the background of figures changed
• Maintain up-to-date knowledge of financial/regulatory reporting requirements, as well as pertinent accounting standard changes within the regulatory reporting framework, and propose solutions as needed
• Promote assigned tasks and projects with minimum supervision
• Provide back-up support to other staff members
• Perform other duties as assigned

Qualifications

• Bachelor’s degree with major in accounting is preferred
• At least 1 years of experience in financial and/or regulatory reporting, and/or Big 4 experience in banking or capital markets
• Basic knowledge of financial products (e.g. loans, deposits, securities, derivatives, money market products, repos etc.)
• Strong analytical and verbal/written communication skills
• Strong MS Excel skills (Vlookup, Pivot table, sumifs and other complex formulas)
• Required to work overtime or during weekend when workload is heavy