Regulatory Reporting Director
Sumitomo Mitsui Banking Corporation – SMBC Group
full-time
Posted on:
Location Type: Hybrid
Location: Jersey City • New Jersey • 🇺🇸 United States
Visit company websiteSalary
💰 $181,000 - $230,000 per year
Job Level
Lead
About the role
- Lead and participate in the review of multiple regulatory filings such as FR Y-15, FFIEC 009, FFIEC 019, FR 2004, TIC and other US Regulatory Reports
- Lead in-depth analysis of variances focusing on products including loans, deposits, derivatives, and securities, incorporating regulatory reporting requirements in order to communicate results to Senior Management and US Regulatory Agencies
- Exceptional verbal and written presentation skills to communicate complex concepts clearly and effectively with Senior Management, Regulatory Agencies and Auditors
- Drive re-engineering and process efficiencies to strengthen controls and improve reporting accuracy
- Keep abreast of industry, regulatory and accounting developments to support the team’s Regulatory Reporting technical development
- Manage, train, mentor and evaluate assigned staff
- Continue to improve the process control effectiveness of the CUSO regulatory reports
- Ensure accurate and timely completion of all regulatory reports
- Support/participate in regulatory reporting examinations, internal and external audits
Requirements
- Minimum 10+ years of financial reporting, audit, and/or regulatory reporting experience at a financial institution
- CPA/MBA preferred
- Strong knowledge of FR Y-15, FFIEC 009 and TIC regulatory reporting requirements and report preparation
- Strong knowledge of financial products such derivatives, repo, securities, loans and leases
- Knowledge of internal control frameworks
- Excellent verbal and written communication skills
- Excellent interpersonal and analytical skills
- Flexibility to work under pressure to meet changing Regulatory Requirements with strict timelines
- Experience with systems implementation and reporting automation transformation process a plus
- Experience working directly with FRB examiners a plus
Benefits
- Competitive portfolio of benefits to employees
- Annual discretionary incentive award
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial reportingregulatory reportingauditreport preparationinternal control frameworksreporting automationfinancial productsderivativessecuritiesloans
Soft skills
verbal communicationwritten communicationinterpersonal skillsanalytical skillspresentation skillsflexibilityleadershipmentoringtrainingprocess improvement
Certifications
CPAMBA