JerseyCityRecruiter Since 2001
the smart solution for Jersey City jobs

Regulatory Reporting Analysis

Company: SMBC Group
Location: Jersey City
Posted on: June 23, 2022

Job Description:

SMBC is seeking a self-motivated and diligent professional for a full-time position in the Regulatory Reporting Analysis Department. The individual will be involved in the preparation of FR Y- 10, FR Y-6, FRY- 7 reports, and other regulatory reportsPosition Responsibilities/Duties: -Prepare FRY 10, FR Y-7 and FR Y-6 reports and liaises with the various internal departments to ensure that the appropriate information is obtained and timely updated into the organizational chart -Interact and work closely with the Legal Department and SPDAD Planning to address all structural changes that relate to the FRY -10, FR Y-7 and FR Y-6 reportsContinue to improve the process control effectiveness of the FRY -10, FR Y-7 and FR Y-6 reports preparationInteract and work closely with IT department to design and build a legal entity database which will hold the legal entity metadata and support the ability for a daily or quarterly attestation process.Act as the main coordinator to collect attestation from the business owner of every legal entity to confirm the accuracy of the metadata. -Respond to FRB inquiries related to structural changes in the organization in a timely mannerSupport in regulatory reporting examinations, internal and external audits related to structural changeConduct periodic review of new entities to ensure completeness and compliance to the reporting requirements of the FRY 10, FR Y-7 and FR Y-6 reportsKeep abreast of all regulatory guideline changes related to FRY - 10, FR Y-7 and FR Y-6 reportsBe able to manage and meet tight reporting deadlines -Get involved in the preparation of other related regulatory reportsEnsure accurate and timely completion of all regulatory reportsExperience/Knowledge RequirementsStrong knowledge and working experience in the preparation of the FR Y-7, FR Y-6, and FR Y-10 regulatory reporting requirementsKnowledge and Understanding branches regulatory reportingRegulatory Compliance background is a plusMinimum of 5-7 years knowledge and experience in the preparation of regulatory reports of financial institutionsStrong analytical and problem-solving skills; high level of deadline driven sense of urgency; attention to details, accuracy, and accountabilityExcellent interpersonal skills and Good analytical skillsPreferred: experience with Regulatory reporting automation is plusKnowledge of FRB regulatory reporting and methodology interpretations -Required Skills/AbilitiesBachelor's Degree in Accounting or Finance is required.CPA is a big plusTeam- oriented, ability to be proactive in raising concerns, and escalate problems as needed.Strong analytical skillsExpertise in Excel, Word, PowerPoint, charts and graphs - - -

Keywords: SMBC Group, Jersey City , Regulatory Reporting Analysis, Advertising , Jersey City, New Jersey

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest New Jersey jobs by following @recnetNJ on Twitter!

Jersey City RSS job feeds