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The Finance Associate is responsible for ensuring that the financial management systems, procedures, controls and policies within Finance and their specific function are appropriate and upheld so that timely, accurate, and reliable information is produced.
Prepare daily, weekly, monthly and quarterly regulatory reports for prompt submission to the appropriate government agencies.
Analyze data as submitted and explain variances between reporting periods.
Prepare selected supplemental and other reports as required by the Head Office.
Respond promptly to queries from the Regulators and Head Office.
Liaise with Cash Management and Middle Office Groups.
Assist in other activities of the Group and respond to ad-hoc requests.
Identify opportunities to make the data generation and reporting processes to be more efficient.
Perform ad-hoc analysis as required
May be called upon to recommend and assist in the development of new/enhanced reporting processes, policies and procedures
Support US Region business and technology initiatives
This job interacts with a variety of U.S. Region-based lines of business such as U.S. Treasury, Real Estate Finance, Internal Audit, Taxation, Business Management, etc.
This job interacts with financial regulators
As an employee of Company, the incumbent must comply with all applicable Company and Line of Business
Responsibility within the US Region
KNOWLEDGE AND SKILLS
Strong Finance, Accounting background with minimum 2-3 years of work experience, along with basic knowledge of legal entity structures
Experience with or capability to learn Federal Reserve and Commerce Department reporting requirements
Experience with, or capability to learn key drivers of the supported businesses
Strong writing, communication and analytical skills
Ability to work with minimal supervision and meet strict deadlines
Knowledge of Bank’s reporting systems or demonstrated ability to learn them.
Proficient in Excel; knowledge of other MS applications is a plus
This role operates within a normal office environment with little exposure to adverse working conditions.
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