Regulatory Control Governance - Associate

Role Description

Responsible for effective financial regulatory reporting operations for the US Branch & BHC, including the production of high quality financial regulatory reports, maintenance of an effective regulatory reporting platform, and an internal control framework designed to mitigate risk, enhance the accuracy of regulatory reporting, and ensure the compliance to applicable US regulatory reporting requirements.  

Reporting to the Vice President, Regulatory Reporting Controller, the Associate is responsible for ensuring a sound financial regulatory reporting function under a strong internal control framework, and an effective financial regulatory reporting platform. They will be responsible for supporting management to ensure proper compliance with various regulatory reporting standards from supervisory agencies. In addition, the position should ensure that stringent procedures and internal control framework are in place to support effective controls. This position also has close interactions with other finance, risk, data governance and IT leaderships in the bank.

Support all regulatory reporting work processes, internal control activities, management reports, external regulatory examination, internal audit, resource planning and emergent changes and guidance related to Bank Holding Company required reports of the Federal Reserve Bank, SEC, FINRA and other regulatory agencies.

This role will interact with various business areas, understanding process and workflows at various stages, ensuring exceptions are effectively identified, monitored, reported, and escalated to the appropriate governance and oversight groups. The role will also support the Regulatory Control Governance team by leading and supporting corrective action planning and developing strategies as exceptions are analyzed.

Responsibilities

• Preparation of regulatory reports as deemed necessary.
• Monitor, escalate, and report issues/exceptions to management or other relevant stakeholders on a periodic basis;
• Monitor the remediation of issues/exceptions to ensure they are resolved satisfactorily and on a timely basis;
• Strong analytical thinking and root-cause analysis for exception management efforts;
• Processes data, metrics, and provides analyses and interpretation of exception management results, assisting in the correlation of findings to risk and control self-assessment results;
• Maintenance of exception management data (key performance and key risk indicators)

Qualifications and Skills

• Knowledge of CUSO, BHC, Branch, & Broker Dealer regulatory reporting requirements and report preparation 
• Familiar with regulatory reporting tools and systems such as AxiomSL, Reg Reporter or Agile Reporter
• Minimum of 3-5 years knowledge and experience in regulatory reporting and/or financial industry control environment through monitoring exception management, issue tracking, or incident maintenance;
• Work in a proactive, collaborative, simplistic manner, building relationships through solid, timely communication and useful information;
• Financial product knowledge and/or understanding of middle office and trade life-cycle process and reporting is a plus;
• Good stakeholder management skills, ability to prioritize multiple competing priorities;
• Strong organizational skills, excellent verbal, and written communication skills

Additional Requirements