Financial Reporting Analyst (Mid-Level)

USAA • Plano, TX

74d • Hybrid

About The Position

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful. The Opportunity Our Financial Reporting Analyst prepares and delivers financial statements, regulatory reports, and the associated analysis used by internal and external stakeholders to meet regulatory and compliance reporting requirements. Performs appropriate research, prepares and reviews complex financial and regulatory reports and completes significant business and operational analytics while adhering to internal controls over financial reporting. Supports audits and examinations that require frequent interaction with internal and external auditors and regulatory examiners. We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, or Charlotte, NC. Relocation assistance is not available for this position.

Requirements

• Bachelor’s degree required; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 4 years of experience preparing and delivering financial statements and regulatory reports in the financial services industry, a Bank Holding Company or similar.
• Expert knowledge of applicable Microsoft Office applications including Excel.
• 2 years of experience conducting research and preparing business and operation financial analysis.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP).

Nice To Haves

• Call Report and/or Bank Regulatory reporting experience
• Broker-Dealer expertise
• FINRA Series 99 license

Responsibilities

• Utilizes broad industry and accounting knowledge in the end-to-end delivery and preparation of moderately complex to complex financial and regulatory reporting requirements to include Bank Holding Company reporting, Enterprise GAAP reporting, P&C and Life Insurance STAT reporting, and / or investment reporting.
• Performs detailed, peer review of reports in addition to audited statements and support schedules in preparation for final review by management.
• Interprets and understands financial results and regulatory information as well as business and financial statement interrelationships, and provide informed, proactive analysis and business insights for analytical review to enable effective decision-making for financial and regulatory reporting.
• Assists with audits, examinations, and ad-hoc surveys by coordinating receipt of support from business partners and preparation of supporting work papers and schedules. May lead individual components of audits or examinations.
• Responsible for internal controls to ensure proper referencing for peer and management review documentation over owned reports and assignments.
• May assist in the preparation of responses to special surveys and data calls from state and regulatory bodies.
• Researches and provides recommendations regarding changes to reports as assigned, including new line items and updated instructions.
• Serves as a resource to team members on escalated issues of a routine nature.
• Drafts and may deliver disclosures, technical memos, presentations, and other supporting documentation.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Benefits

• At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs.
• Additionally, our career path planning and continuing education assists employees with their professional goals.
• For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees