Financial Analyst Regulatory Reporting (Location Open Within Footprint)

Synovus • Atlanta, GA

5h

About The Position

Assist with activities associated with the end-to-end regulatory reporting
process, including preparing and reviewing filings such as the FR Y-9C, FR
Y-9LP, Call Report, FR Y-15, FR Y-14M/Q series, FR 2052a, FR 2420, FR 2644, FR
2900, etc. Assist with providing accounting guidance, maintaining chart of
accounts related to regulatory reporting, and with managing complex
accounting/regulatory items (e.g., implementation of newly issued accounting
standards, share-based compensation, BASEL III, commitments). Assists with
external auditor inquiries on quarterly reviews. Drive continuous process
improvement and automation efforts to enhance reporting efficiency, strengthen
internal controls, and ensure strong data governance.

Requirements

• Bachelor's Degree in Business Administration, Finance, Accounting, or related field.
• Four years of financial analysis experience or an equivalent combination of enhanced education and experience.
• Knowledge of database management and report generation.
• General understanding of the impact that various economic and interest rate environments have on the financial performance and products within a mid-size regional bank.
• Proficiency creating complex financial models.
• Project management skills and the ability to work on multiple priorities simultaneously.
• Skill in communicating technical subject matter to senior management.
• Good verbal and written communication skills and the ability to communicate effectively with co-workers on various levels.
• Proficiency using Microsoft Excel and other MS Office products.

Responsibilities

• Preparation of numerous regulatory reports such as the FR Y-9C, FR Y-9LP, Call Report, FR Y-15, FR Y-14M/Q series, FR 2052a, FR 2420, FR 2644, FR 2900, etc. Ensures compliance with new regulatory reporting requirements including Basel III capital rules. Assist with providing guidance on pricing for unused commitments and certain FDIC designated higher-risk loans to cover additional regulatory cost of these items. Reviews FDIC scorecard quarterly and provides feedback on strategies to reduce FDIC assessment cost.
• Assists with analyzes and reviews of new accounting and/or regulatory reporting standards. Develops and executes associated implementation plans. Presents findings and implementation progress to senior management and the Audit Committee of the Board of Directors as necessary.Generates forecasts and analyzes trends in sales, finance or other related areas of interest. Researches and analyzes rates of return, depreciation, investments and other financial indicators. Provides findings and recommendations to management.
• Assists with researching, evaluating, and preparing technical accounting memos, whitepapers and external reporting implications of complex and non-standard transactions and general corporate accounting matters including regulatory reporting impacts.
• Assists with preparing analyses and other information to support the annual audit and quarterly reviews with external auditors and/or information for regulators.Conducts complex analyses and determines various input assumptions for financial forecasts, including loan and deposit portfolio analytics, non-interest income, and non-interest expense.
• Assists with projects relating to mergers and acquisition activity and related accounting due diligence, accounting, reporting, and SOX requirements.
• Assist with ensuring compliance with accounting and reporting standards including research and documentation of technical accounting issues as they arise in support of the organization.
• May cross train with others within Accounting and Finance teams, as appropriate
• Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion.
• Performs other related duties as required.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level