Financial & Regulatory Reporting Job Description
Financial & Regulatory Reporting Duties & Responsibilities
To write an effective financial & regulatory reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included financial & regulatory reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Financial & Regulatory Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial & Regulatory Reporting
List any licenses or certifications required by the position: PM, PMP, CPA, CIMA, CFA, ACCA
Education for Financial & Regulatory Reporting
Typically a job would require a certain level of education.
Employers hiring for the financial & regulatory reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Economics, MBA, Business/Administration, Graduate, Education, Accountancy, Mathematics
Skills for Financial & Regulatory Reporting
Desired skills for financial & regulatory reporting include:
Desired experience for financial & regulatory reporting includes:
Financial & Regulatory Reporting Examples
Financial & Regulatory Reporting Job Description
- Oversee attestation process for accounts aligned with NY finance
- Provide support for key finance initiatives and projects
- Assisting the Head of Finance in developing, implementing and monitoring internal controls
- Produce and distribute the liquidly risk dashboard
- Update the liquidity risk Heatmap and report on material trends or adverse changes
- Monitor management and program limits
- Perform asset and liability analysis and liquidity stress testing taking into account business activities, including trading, financing, and operational activities
- Analyze cash flows arising from contractual maturities, intercompany transactions, new business, funding renewals, customer options, and other potential events that may impact liquidity
- Maintain an understanding of existing and new local regulations on liquidity, funding and/or capital
- Continue to enhance knowledge of treasury concepts and frameworks
- Ability to work in tight timelines and work with changing priorities
- Advance proficiency in Excel (Pivot Tables, Lookups, if statements, financial models)
- Previous Audit experience (Financial
- 2+ years of Financial Planning Analysis, Treasury or Data Analytics experience
- Implement changes to accounting treatment accounting for new products
- 2 years of experience in process improvement and financial reports automation
Financial & Regulatory Reporting Job Description
- Responsible for the production and the oversight of Regulatory Reporting in relation with Luxembourg and other applicable European regulations
- Participate in various projects aimed at researching Fed disclosures, streamlining processes and working with cross-functional teams
- Deliver high quality service through accurate and timely completion of all assigned tasks (which may be parts of larger processes) and requests for information
- Recommend action on any items at risk in the balance sheet
- Collate and compile audit evidence and ensure all audit issues with regards the balance sheet have been resolved
- Preparation of Regulatory Returns to Bank of Uganda and SARB
- Preparation of Board Packs on a monthly basis
- Manage the reconciliation of accounts and resolution of audit queries
- Track to ensure timely payments from the accounts payable department
- Monitoring the Fixed assets maintenance and managing the annual asset verification process
- Controller experience preferred
- Previous experience with SEC, and FED regulations
- Team player, excellent communication skills and fluency in English and ideally German
- Minimum 7 years of relevant experience in financial institutions
- Preference of a minimum 2-3 years of professional experience in a regulatory and/or accounting environment, preferably in the financial industry
- Ensure TM1 is updated to facilitate daily reporting by various teams
Financial & Regulatory Reporting Job Description
- Support financial reporting initiatives, including those focused on entity consolidation & maximizing capacity
- Prepare / review and provide support for manual account reconciliations where required
- Perform legal entity balance sheet, income flux analysis and trend analysis documenting variances with explanations as required
- Execute tasks ask required to comply with SOX key controls
- Support for miscellaneous tasks as required
- Contribute to overall legal entity oversight and results through understanding of balance sheet composition and income drivers
- Provide support for regulatory and financial internal / external audits
- Coordinating all facets of independent financial statements audits
- Ensuring audit requests are properly allocated, and following up to ensure requests are delivered in accordance with the prescribed deadlines
- Compilation of Audited Financial Statements
- Strong ability to manage multiple and often competing priorities in a global environment
- Proven ability to communicate complex ideas in a clear and concise manner, shaping the opinions and actions of key stakeholders and gaining their trust
- Working knowledge of COSO 2013
- Experience in writing enterprise wide policies, standards and procedures
- Previous experience with Consolidations, Financial Reporting, and Month-end Close
- Internal Controls and SOX and GAAP experience
Financial & Regulatory Reporting Job Description
- General ledger account analyses
- Develop and maintain desktop procedural documentation related to the preparation of regulatory work papers (as it relates to your assigned responsibilities), periodically revise these procedures
- Assist in analyzing legal entity regulatory capital requirements, by closely working with the Market Risk, Credit Risk and Corporate Treasury teams
- Analyze, investigate and perform variances analyses
- Participate in special projects for improvements on data collection process, implementation of new regulatory requirements
- Coordination with internal stakeholders for information reported (i) within SEC filings for SEC registrants and (ii) within GAAP financial statements for non-public entities, analysis of such information for completeness and accuracy
- Responsible for the production and supervision of the funds financial reporting as per applicable Generally Accepted Accounting Principles (LUX, CH, US) and within the legal or contractual deadlines
- Point of contact for servicing our clients and interacting with internal stakeholders, Fund’s Auditor and our service providers
- Responsible for the monthly/quarterly Vendor oversight review including agenda preparation, minutes drafting and follow-up
- Provide support in terms of expertise for daily activities
- Understanding of Balance Sheet and Income Statement
- Experience with a program/projects being mobilized/initially structured, including establishment of program structure and governance
- Proven relationship management experience and ability to influence and engage stakeholders
- Proven ability to demonstrate flexibility
- Solid accounting background from Big 4 is a MUST
- Relevant minimum 4 years of working experience in banking industry
Financial & Regulatory Reporting Job Description
- Investigating and analysing regulatory reporting queries received from both internal and external stakeholders
- Prepares quarterly NMLS Call Report for filing within 45 days of calendar quarter-end
- Support ad hoc requests associated with new/existing products and reporting entity changes
- Supporting and/or leading global projects within Financial Reporting Department including standardization and workload optimization
- Close cooperation with external clients
- Taking active part in external audit process
- Coordinating data flow among multiple internal departments (accounting, trade)
- Coordinate the review and analysis related to the new activity memo process and impact to FR Y-14 loans reporting
- Provide oversight and leadership with regards to the preparation and execution of certain quarterly Fed filings, including detailed analytical work, validation of key schedules and disclosures, review of both financial and non-financial attributes, and presentation of quarterly review of the Fed filings to senior management
- Prepare technical accounting papers as needed for pending reinsurance transactions
- Sound knowledge in banking operation and banking products
- Ability to maintain a high degree of confidentiality and professional demeanor
- Must have a strong working knowledge of US GAAP, proficient research and technical writing skills
- Deep knowledge and experience in external reporting (e.g., standard reporting, ad hoc reporting, slice-and-dice and drill-down reporting) to perform detail analysis on financial statements to tell consolidated P&L and balance sheet stories
- In-depth knowledge and experience working with life insurers financial statements preparation and supervision
- Experience leading corporate functions and facilitating processes across different business units