Regulatory Reporting Analyst Job Description
Regulatory reporting analyst
provides recommendations for the standardization of financial statements preparations and presentation taking into consideration management needs, GAAP, IFRS, regulatory and industry (non-banking) standards.
Regulatory Reporting Analyst Duties & Responsibilities
To write an effective regulatory reporting analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included regulatory reporting analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Drive intuitive fact-finding discussions with SME stakeholders along with the analysis of the local regulatory reporting solution and help countries to assess the potential gaps
Assist with the external audit, internal audits and regulatory examinations
Prepare and file monthly, quarterly, and annual regulatory returns to OSFI, Bank of Canada, Statistics Canada, Canadian Deposit Insurance Corp
Analyze, investigate and document variances analyses
Liaise with internal auditors on queries related to returns and reports prepared
Special projects on continuous improvements on data collection process and reporting templates, implementation of new regulatory requirements including but not limited to house keeping projects
Assists Assistant Managers in monthly adhoc reporting projects
Monitor daily regulatory and internal limits/ratio
Review and update procedure manuals on regular basis
Participate in new system implementation and projects
Regulatory Reporting Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Regulatory Reporting Analyst
List any licenses or certifications required by the position: PM, PGDBM, MBA, CFA, CPA, ISTQB, PMP, ITIL, AML, CFCS
Education for Regulatory Reporting Analyst
Typically a job would require a certain level of education.
Employers hiring for the regulatory reporting analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business/Administration, Business, Economics, Education, Science, Financial Services, MBA, Technical
Skills for Regulatory Reporting Analyst
Desired skills for regulatory reporting analyst include:
Financial products
US GAAP
Excel
OTC Derivative products
Regulatory reporting
IFRS
MS Excel
PowerPoint
AXIOM
Banking and financial services industry
Desired experience for regulatory reporting analyst includes:
In-depth knowledge of accounting and finance
Knowledge of SAGE ERP 300 is preferable
Broker/Dealer regulatory rules specifically SEC Rule 15c3-1 and 15c3-3
SIS, IMPACT and Computron
Working on IT related projects
Bachelor’s degree (B.A) in accounting or finance and a minimum of three (3) years internal accounting experience
Regulatory Reporting Analyst Examples
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Regulatory Reporting Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of regulatory reporting analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for regulatory reporting analyst
- Assist in UAT testing for report built in AXIOM
- Oversee Entity Consolidation in accordance with US GAAP
- Ensuring all UK regulatory reporting is completed and reported accurately in a timely manner
- Support the Hiring Manager when they need help with prime brokerage audit in securities lending space and regulatory reporting audit
- Support building up the Regulatory Reporting captive capability in India
- Prepare regulatory filings with multiple government agencies
- Determine the fund scoping of each quarterly regulatory filings
- Research new regulatory developments and reporting requirements
- Design test scripts
- Report on Net Capital
Qualifications for regulatory reporting analyst
- Degree majoring in finance or accounting
- Proactiveness and drive to continually improve process making suggestions for enhancements to increase efficiency and accuracy of reports
- Keen attention to detail ability to view the bigger picture
- Liaise with a range of internal business groups be able to respond to client reporting queries and requests
- Ability to maintain mutual support within a high energy, high profile team
- Strong background of working on Regulatory environment with exposure to Regulatory Reports of the region
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Regulatory Reporting Analyst Job Description
Job Description Example
Our company is looking to fill the role of regulatory reporting analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for regulatory reporting analyst
- On an ad-hoc basis assist with the completion of other regulatory reporting functions supported by the production team (Electronic Blue Sheets, Reg SHO, Short Interest, Volcker metrics, LOPR, amongst others)
- Proactively assist the business, operations, compliance, and technology in understanding the impact of business and regulatory change initiatives on regulatory reporting
- Perform random sampling of regulatory reporting processes to ensure accuracy and completeness
- Carry out regular reconciliations and reviews and help the Reporting function to devise and close out on corrective action plans
- Perform daily 15c3-1 daily net capital computation
- Perform daily/monthly Canadian MFR
- Compile weekly/monthly reporting for senior management
- Assist in monthly FOCUS reporting
- Point of contact for junior members of the team
- Second level' investigations
Qualifications for regulatory reporting analyst
- At ease with complex issues and subjects
- Understands the big picture and the benefit of relationships inside and outside the organisation
- Drives action to ensure a culture of integrity and superior operating standards, ensuring legal and regulatory standards are core to the organization
- Builds relationships easily and effectively with others irrespective of their status or background
- Identifies issues quickly
- Motivational skills, team worker able to work on own initiative
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Regulatory Reporting Analyst Job Description
Job Description Example
Our company is looking for a regulatory reporting analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for regulatory reporting analyst
- Internal management regulatory reporting on a daily/monthly basis for business management and capital optimisation purposes
- OSupport regulatory reporting needs including consolidation of reporting information and reporting to the associated regulators
- Prepare timely and accurate TPA (Third Party Administrator) filings by collecting and compiling financial and statistical data from various sources
- Collaborate with accounting teams for quarterly analytical package preparation
- Support external audits and internal controls assessment projects
- Prepare other monthly regulatory reports as required by NYSE/NASD/NFA and SEC
- Produce and/or validate for accuracy TRACE and MSRB reporting
- Investigate, resolve exceptions & track metrics related to TRACE and MSRB
- Coordinate the remediation of reporting anomalies (raise JIRAs, document requirements, validate testing, and approve changes)
- Document requirements for automated and/or improved infrastructure solutions
Qualifications for regulatory reporting analyst
- Earns respect of others through dedication, dignity, wisdom and talent
- Wide-ranging and diverse business management concepts and statutory requirements
- Conversant with Basel III and other regulatory developments as they relate to liquidity an asset
- Be adaptable, flexible and be able to thrive in a challenging, fast-paced of a growing organization / environment
- Familiar with RAY1.2.4 and above, or FERMAT v10 application is preferred
- 2 years' experience in Documentation or Operations
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Regulatory Reporting Analyst Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of regulatory reporting analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for regulatory reporting analyst
- Communicate with CCAR reporters and relevant business contacts exceptions, defend point of view utilizing strong knowledge of CCAR and Regulatory Reporting, and follow through to ensure remediation actions are performed
- Support the development and implementation of controls to ensure the timeliness, accuracy and completeness of reporting, and resolve any exceptions identified
- Production of external and internal management reporting
- Ensure the design and operation of appropriate infrastructure, business process and control framework to efficiently deliver accurate and timely reporting
- Partner with the business and control function stakeholders to support business decision management
- OApplies specialized knowledge of SEC and STAT regulations and requirements to develop reports and analyses for the organization
- OAssists with the submission process of SEC and STAT reports for the organization
- OAssists in the preparation of financial information for the development of SEC and STAT reports, footnotes and analyses for the organization
- OParticipates in developing and implementing process and control improvements
- OPerforms technical research to resolve accounting and financial presentation issues
Qualifications for regulatory reporting analyst
- Capital adequacy reporting under CRD IV and COREP
- Strong capital market product knowledge, prefer Fixed Income and ALMT
- Able to work under team concept
- Multi-tasking and work in a deadline driven environment
- Must have experience working on the FR Y-14M and FR Y-14Q and have in-depth understanding of CCAR reporting
- Background and experience with credit risk and/or operational risk
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Regulatory Reporting Analyst Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of regulatory reporting analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for regulatory reporting analyst
- Develop expert knowledge in regulatory requirements, processes and systems for Hong Kong OTC Reporting, and other areas of non-financial regulatory reporting
- The Liquidity Regulatory Reporting Analyst is responsible for contributing to the FR 2052a financial reporting process, which includes the timely and accurate preparation and filing of financial regulatory reports in compliance with legal and regulatory requirements
- Assist in the preparation of the US Branch of BBPLC, IHC, and US non-Bank subsidiaries of BBPLC (FR Y-9C, FFIEC 009, FR Y-11, FR 2314, FFIEC 002, FR 2644, FR 2900, FR Y-7N, FR Y-7, FR Y-10, and FFIEC 019) to the Federal Reserve Bank
- Participate in regulatory compliance with relevant regulations
- Provide detailed analysis of the data contained within the filings trend comparisons from period-to-period
- Ensure that there is internal Regulatory data integrity and monitors the compliance with internal and external regulatory limits and thresholds
- Develop data quality process and monitoring framework
- Support the development and implementation controls to ensure the timeliness, accuracy and completeness of reporting, and resolve any exceptions identified
- Provide day-to-day support of the Moody’s system addressing any issues and resolving defects in a timely manner
- Work closely with Prudential Risk Management and Market Risk Management teams to help define and document new requirements/enhancements
Qualifications for regulatory reporting analyst
- Must be operationally savvy, action-oriented who continually strives for improvement
- 1-2 years of relevant experience working at a NYSE/NASD member broker/dealer
- ADP BPS knowledge
- 4+ years knowledge of Federal Reserve Bank Basel II.5/III regulatory Capital requirements
- Strong attention to detail, accuracy and a risk and control mind-set
- The team is responsible for the regulatory compliance with relevant regulations, and provides detailed analysis of the data contained within the filings trend comparisons from period-to-period