Job Description:
- Facilitate financial regulatory reporting. The primary responsibility is to prepare assigned regulatory reports in an accurate and timely manner in accordance with US GAAP and instructions from regulatory authorities, which requires indepth knowledge of financial accounting and regulatory reporting, as well as understanding of the financial industry.
- Prepare daily/weekly/monthly/quarterly/annual and ad-hoc regulatory reports including, but not limited to, Federal Reserve reports (e.g. FR Y-15, FR Y-9C, FR Y-9LP, FFIEC 031, FR2644, and FR2900,), Department of Treasury reports (TIC 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.
Desired skillset :
- 4 to 6 years experience in financial regulatory reporting.
- Knowledge of key reporting requirements such as FR Y-15, FR Y-9C, FR Y-9LP, FFIEC 031, FR2644, and FR2900.
- Good accounting knowledge to review balance sheets under US GAAP.
- Experience in working on projects to improve the existing reports, enhance data quality and traceability.
- High degree of comfort when working with data and spreadsheets (e.g. pivot tables and vlookups).
- Good presentation and communication skills, both written and oral. Ability to communicate effectively on abstract risk management concepts.
- Ability to quickly absorb financial concepts and apply them to real world situations.
- Bachelors degree required; finance or accounting degree preferred.
- Mandatory Skills: FR Y-15, FR Y-9C, FR Y-9LP, FFIEC 031, FR2644, and FR2900, US GAAP
- Education Qualification: Bachelors / Masters in Finance or other suitable domains
- Experience: 4 to 6 Years
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