Financial Reporting Analyst

Senior Regulatory Reporting Analyst, Vice PresidentFull-timeJob DescriptionThe Senior Regulatory Reporting Analyst reports to the Regulatory Reporting Manager and is responsible for the timely and accurate preparation and filing of various financial regulatory reports in compliance with all legal and regulatory requirements, company policies and procedures, and generally accepted accounting principles. The Analyst will participate in developing and interpreting financial policies and regulations; analyze and provide technical interpretation of accounting and regulatory changes. This position will also be required to research and monitor financial data to ensure data integrity. This is the most senior level and provides work direction and guidance to others.Major Responsibilities:60% Preparation of assigned financial regulatory report, primarily RC-E/HC-E: Deposits, RC-O: Other Data for Deposits and FRY9-LP. Conduct investigations of errors and variance analysis independently. Recommend procedural changes to address problems and to ensure accuracy, completeness and timeliness of reporting.Independently research and analyze regulatory pronouncements, reporting requirements and other accounting documents. Review and analyze financial publications and regulatory pronouncements and rules to stay abreast of changes. Present analysis and recommendations to management.15% Prepare in-depth analysis of impact on regulatory reports due to regulatory/policy changes/new products. Participate in the development and implementation of regulatory/accounting changes. Co-ordinate the dissemination of information or procedures to business units and ITG. Independently work with business units and/or ITG to clarify regulatory reporting requirements and test new data provided to ensure timely regulatory compliance.15% Provide professional technical guidance to Senior Management with regard to interpretation and analysis of regulatory or policy changes for Deposits. Maintain knowledge of ongoing external trends in the financial area.Provide ongoing advice and training on regulatory reporting issues to all levels and areas of the Bank as it relates to Deposits and the FDIC Assessment. Ensure regulatory reporting requirements are clearly communicated to the business units providing source data for the reports.10% Work directly with divisional managers in major financial and IT projects that impact the Regulatory Reporting area. Establish close working relations and effective communications with other project participants, IT Group and software vendors.Respond to internal/external inquiries regarding financial data reported or filed. Provide lead guidance to other staff members. Perform other projects or duties as assigned.Additional Information:Accounting or finance degree is requiredMinimum 10 years related experience, including a minimum of 3 years of experience preparing regulatory reportsCPA or Chartered Accountant is strongly preferredPublic accounting experience including banking industry experience is a plusStrong, current understanding of banking regulatory reporting rules and regulationsExperience with Deposits or the FDIC Assessment Calculation preferredProficiency in Excel: must be able to complete vlookup, sumif, count, countif, averageif, multiple if statements within one formula, concatenate, and pivot tablesComfortable analyzing large amounts of data with the ability to toggle back and forth between multiple workbooks which are linked together with different formulasDemonstrate a high degree of accuracy in data analysisExcellent analytical and problem solving skillsSolid ability to manage multiple prioritiesStrong capability of working both collaboratively and independently to meet tight filing deadlinesStrong interpersonal skills, excellent written and verbal communication skillsThe above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.SCREENING QUESTIONSDoes the candidate have Deposit experience?Does the candidate have Reporting Bank experience?Is the candidate an Excel Super User?Additional InformationAll your information will be kept confidential according to EEO guidelines. Direct Staffing Inc