Regulatory Reporting Governance (Training) - Vice President

Role Description

Responsible for effective Regulatory reporting training operations for the US Branch, including training on the production of high quality financial regulatory reports, training on the regulatory reporting platforms, and internal control frameworks designed to mitigate risk, enhance the accuracy of regulatory reporting by supporting the training needs on technical matters pertaining to the reports and ensure the compliance to applicable US regulatory reporting requirements.   

Reporting to the Director, Regulatory Reporting Controller, of PDAD FAD Controllers, the VP is responsible for ensuring a sound training function under a strong internal control framework, ensuring proper training to various individuals in the team and across the bank. Acting as a subject matter expert and providing leadership to the team by setting the direction, defining accountabilities and assignments, articulating goals and objectives, and performing various training courses related to BHC reporting. This position also has close interactions with other finance, risk, data governance and IT leaderships in the bank. 

Managing and directing all regulatory reporting training processes, internal control activities linked to training like MI and statistics, 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. 

Responsibilities

• Oversees the training for the regulatory reports including the FFIEC 002, FRY-9C, FFIEC 009, FR Y-15, Focus, SSOI, OBS, SIS, FRB’s TIC reports and all other US Department of Commerce reports. 
• Support the team’s technical development over Regulatory Reporting including US GAAP by holding training sessions.
• Support/participate in regulatory reporting examinations, internal and external audits. 
• Keeping abreast of all the regulatory changes related to regulations that is impacting BHC regulatory reports and ensure that is reflected in the training updates. 
• Managing the development of training course objectives for the Regulatory reporting team 
• Ensuring that the training team assists the Regulatory Reporting leadership to achieve training goals and requirements as committed to the regulators. 
• Assessment of the training needs for the Regulatory Reporting team and ownership of the annual Training Needs analysis (TNA) process and development of the annual training plan. 
• Evaluating training effectiveness by projecting the impacts of the training courses on the reduction in items such as errors, manual adjustments, control failures and other parts of the control’s framework.  
• Overseeing maintenance of training records and resource library and assist in evaluating training and development programs. 
• Schedules, coordinates, and oversees master schedule of training programs, courses, and the use of equipment and facilities. 
• Managing the preparation of appropriate forms, correspondence, memoranda, and records regarding course attendance, feedback on programs, instructors, etc. Oversees preparation of reports and statistical summaries. 
• Identifying, tracking, and managing Third-Party training offerings.  
• Managing MI to report audience participation details and earned professional credits and generate training statistics for Key Risk Indicator (KRI) scorecards.      
• Assisting colleagues with ad-hoc Governance team requests. 

Qualifications and Skills

• Strong knowledge of CUSO, BHC/IHC, Branch, Broker Dealer regulatory reporting requirements and report preparation  
• Experience with rolling out regulatory reporting trainings across finance departments.
• Minimum of 7 - 10 years knowledge and experience in the preparation of regulatory reports of financial institutions 
• Strong knowledge on financial products such derivatives, repo, securities, loans and leases 
• Excellent verbal and written communication skills 
• Knowledge of internal control frameworks  
• Excellent interpersonal skills  
• Good analytical skills 

Additional Requirements

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.