Quality Assurance Tester

QA Tester for Federal Regulatory Reporting ConsultantOur client, a major bank in New York City, is looking for a QA Tester for Federal Regulatory Reporting Consultant. This is a 6+ months initial contract with possibility for extensions and option to hire. The role requires 3 days per week on-site in NYC Office with 2 days per week remote.** Must be authorized to work for ANY employer in US - NO H1 Visa support for this roleRate: $80 -88/h on W2, possible C2C as well. Required years of experience: 7+ years Regulatory Reporting Testing and ValidationResponsibilities:Execute comprehensive testing of Axiom regulatory reporting solutions by comparing outputs against existing Production processes and End User Computing (EUC) calculations to ensure data accuracy, completeness, and compliance with regulatory requirements.Perform detailed validation of report results, identify variances, conduct root cause analysis, and work with business and technology teams to resolve discrepancies.Validate the accuracy of regulatory schedules, line items, calculations, edit checks, and supporting data across multiple reporting cycles.Review and challenge business requirements, functional specifications, mapping documents, and testing scenarios to ensure regulatory reporting requirements are fully addressed.Develop, execute, and document test strategies, test cases, test scripts, and testing evidence to support SIT, UAT, parallel testing, and production readiness activities.Support defect management activities, including defect triage, impact assessment, prioritization, retesting, and validation of remediation efforts.Regulatory Reporting Knowledge:Demonstrate strong expertise in Federal Reserve and regulatory reporting requirements, with a primary focus on FR Y-9C and FFIEC 002.Interpret regulatory instructions and reporting requirements and translate them into actionable testing and validation scenarios.Understand regulatory reporting methodologies, balances, attributes, products, and reporting classifications applicable to banking and financial institutions.Assess impacts of regulatory changes, data sourcing updates, and reporting logic modifications on report outputs and downstream reporting processes.Ensure reporting results are produced in accordance with regulatory guidance, governance standards, and internal controls.Axiom and Data Analysis Expertise:Possess strong hands-on experience with the Axiom regulatory reporting platform, including the ability to investigate report logic, business rules, and calculation methodologies.Analyze and drill into Functional Specification Documents (FSDs), mapping documents, and data transformation logic to validate report design and implementation.Trace data lineage from source systems through transformations and reporting layers to identify data quality issues and reporting impacts.Demonstrate a deep understanding of critical regulatory reporting data elements, attributes, reference data, hierarchies, and calculations.Perform detailed data analysis using SQL, Excel, reporting extracts, and reconciliation techniques to verify reporting accuracy and identify anomalies.Cross-Functional Collaboration and Communication:Partner effectively with Regulatory Reporting (FRR), Finance, Technology, EDMO, Data Management, PMO, and external consulting teams to drive testing and implementation activities.Lead discussions with stakeholders to explain testing results, reporting impacts, root causes, risks, and remediation plans in a clear and concise manner.Translate complex technical and regulatory concepts into business-friendly language suitable for executive and senior management audiences.Facilitate working sessions, issue resolution meetings, defect reviews, and status updates across multiple stakeholder groups.Build strong relationships across business and technology organizations to ensure alignment and timely delivery of project objectives.Problem Solving and Execution:Demonstrate exceptional analytical and critical-thinking skills, with the ability to investigate complex reporting issues and develop practical solutions.Independently drive issue resolution efforts through coordination, analysis, testing, and validation activities.Identify process improvement opportunities and recommend enhancements to reporting controls, automation, testing methodologies, and operational procedures.Exercise sound judgment when evaluating risks, reporting impacts, and regulatory compliance implications.Maintain a strong attention to detail while balancing strategic objectives and delivery requirements.Agility and Change Management:Thrive in a fast-paced environment with shifting priorities, multiple deliverables, and evolving regulatory requirements.Demonstrate flexibility and adaptability when responding to changing project timelines, business priorities, and stakeholder needs.Quickly assess impacts of new requirements, regulatory changes, production issues, and implementation activities while maintaining delivery commitments.Effectively manage competing priorities across multiple initiatives while ensuring high-quality execution and attention to detail.Support critical project milestones, regulatory submission deadlines, testing cycles, and production releases under tight timelines.Leadership and Accountability:Take ownership of assigned workstreams and deliverables from requirements analysis through testing, validation, and implementation.Proactively identify risks, issues, dependencies, and roadblocks and escalate appropriately with recommended mitigation strategies.Promote a culture of accountability, collaboration, and continuous improvement across project teams.Serve as a trusted subject matter expert for regulatory reporting testing, data validation, and Axiom implementation activities.Deliver high-quality results while maintaining strong governance, documentation standards, and regulatory compliance expectations.Education requirement: BS – more about Reg experience than accounting experience