CCAR Regulatory Reporting VP

Barclays • Whippany, NJ

84d • $150,000 - $210,000

About The Position

To identify, assess and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintenance of open communication with regulators to ensure that the bank's activities and operations comply with all applicable laws, regulations, and internal control policies. Your role will be to manage the regulatory reporting function responsible for preparing the FR Y-14A, Q and M (FR Y-14s) and FR Y-15 14s to ensure the timely and accurate submission of the FRB filings.

Requirements

• A background in accounting, finance, or economics.
• Extensive experience working in Banking/Finance Industry.
• Experience preparing, reviewing and submitting the FR Y-15 and FR Y-14s.
• The ability to multitask and ensure timely completion of competing priorities.

Nice To Haves

• Experience with investment banking products including complex investments.
• Preparing, reviewing and submitting Federal Reserve Bank Regulatory Filings such as the FR Y-9C, FFIEC 009, FFIEC 101.
• Good communication and problem-solving skills.
• Understanding of Basel III Standardized Approach and Supplementary Leverage Ratios.
• Working knowledge of AXIOM reporting software.
• CPA preferred.

Responsibilities

• Identification and assessment of prudential regulatory reporting risks arising from the bank's activities, products, and services.
• Development and implementation of strategies to mitigate prudential regulatory reporting risks, ensuring compliance with all applicable laws, regulations, and internal control policies.
• Conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.
• Assessment of the effectiveness of the bank’s internal control processes and governance framework.
• Preparation and submission of regulatory reports to authorities.
• Provision of support to other departments in their preparation and review of regulatory reports.
• Analysis and presentation of regulatory data to provide insights into business performance.
• Development and implementation of training programmes to educate employees on regulatory requirements and compliance responsibilities.
• Communication and liaising with regulatory bodies.
• Management of the selection, implementation, and maintenance of regulatory reporting systems and software applications.

Benefits

• Medical, dental and vision coverage.
• 401(k).
• Life insurance.
• Other paid leave for qualifying circumstances.
• Incentive award eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree