Financial Regulatory Reporting Analyst Sr

Flagstar Bank • New York, NY

109d • $97,900 - $130,290

About The Position

The Senior Financial Regulatory Reporting Analyst is responsible for supporting the timely and accurate preparation and delivery of regulatory reports. This includes, but is not limited to, the coordination of data requests with upstream data providers, preparation and review of aggregated reporting data and execution of quality control procedures. They will also be responsible for working with data providers or regulatory reporting staff to resolve identified data or reporting issues. This individual is instrumental in improving the accuracy of regulatory reporting information in addition to the identification and implementation of process improvements to improve overall regulatory reporting efficiency.

Requirements

• Undergraduate Degree (4 years or equivalent) in Finance, Mathematics, Technology, or related.
• Minimum experience required: 5+ Years in financial analysis, regulatory reporting, or related roles -OR- 3 years in financial analysis, regulatory reporting, related experience WITH a Masters Degree in Finance, Mathematics, Technology, or related.

Nice To Haves

• Certified Public Accountant and/or Federal Reserve Bank (FRB) Regulatory Reporting experience preferred.

Responsibilities

• Plan and coordinate data and support requests from upstream business owners or regulatory reporting counterparts.
• Execute or confirm appropriate processing of reporting inputs within the designated reporting software.
• Routinely complete required business process controls (e.g. variance analysis, reconciliations, review checklists etc.) when preparing periodic reporting.
• Document identified data gap or assumptions and work with upstream business owners and supervisors to develop proposed remediation plans.
• Investigate and resolve system generated quality and validation checks and perform required follow-up to resolve.
• Contribute to the identification of opportunities to streamline processes, enhance efficiencies, and strengthen controls within the regulatory reporting function.
• Stay current with industry requirements, regulatory changes, and trends related to regulatory reporting and data quality, and integrate this knowledge into the quality control processes.
• Perform special projects, and additional duties and responsibilities as required.
• Consistently adhere to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
• Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Benefits

• $97,900 - $114,433.00 - $130,290.00

What This Job Offers

• Job Type: Full-time
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree