Financial Reporting Manager

Western Alliance Bank • Columbus, OH

1d • Onsite

About The Position

The Financial Reporting Manager (FRM) will report directly to a Senior Financial Reporting Manager and will be primarily responsible for overseeing the Company’s Regulatory Reporting function, performing both recurring and ad hoc duties, with accountability for timely and accurate delivery. The FRM is expected to have robust subject matter expertise and the ability to lead and manage functional areas without day-to-day tactical oversight. The FRM also plays a key role in ensuring compliance with SOX, policies and procedures, as well as applicable banking regulations. Lead the implementation of new regulatory reporting software. Assist with Large Financial Institution Readiness (LFI), including but not limited to Y-14 M/Q/A, Y-15, FFIEC 031, and Basel Endgame. Lead in the day-to-day operations of the Regulatory Reporting Department, including preparing and reviewing the daily, weekly, monthly, and quarterly reports filed with the Federal Banking Agencies, primarily the Federal Reserve. Remain current on recent rules, interpretations, and industry practices (GAAP, Banking Federal Registrars and Financial Institution Letters, other regulatory, etc.). Assess the impact of these changes on the Company and communicate with the relevant parties to ensure that any changes are correctly implemented. Support growth initiatives, including but not limited to new business lines, product extensions and M&A within their area of influence, ensuring that business initiatives are supported with regard to both launch dates and the necessary consideration of changes to internal controls, policies, and procedures. Actively develop relationships across functional areas to ensure cross departmental collaboration. Assist with external financial audits, regulatory examinations, and similar activities. Perform certain month-end close responsibilities. Provide ad hoc reports customized to the needs of the Chief Accounting Officer or other members of executive management.

Requirements

• 4+ years of related experience in Accounting, Finance (GL Management, Public Reporting, Analysis) or similar field
• Previous leadership experience required.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced experience with a Big 4 (or top tier) audit firm and/or current Regulatory reporting experience at a public company.
• Intermediate to advanced ability to work independently and balance multiple responsibilities simultaneously.
• Thorough understanding of GAAP and related accounting concepts.
• Expert speaking and writing communication skills.
• Exceptional analytical and organization skills.
• Effectively interact with all levels within the Company and subsidiaries.
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
• Advanced computer skills including, but not limited to AxiomSL, Microsoft Excel, Oracle, SQL Server, and Workiva.

Nice To Haves

• FR Y-14 M/Q/A and Y-15 experience preferred.
• Masters or MBA in related field preferred.
• Certified Public Accountant preferred.

Responsibilities

• Oversee the Company’s Regulatory Reporting function, performing both recurring and ad hoc duties, with accountability for timely and accurate delivery.
• Lead the implementation of new regulatory reporting software.
• Assist with Large Financial Institution Readiness (LFI), including but not limited to Y-14 M/Q/A, Y-15, FFIEC 031, and Basel Endgame.
• Lead in the day-to-day operations of the Regulatory Reporting Department, including preparing and reviewing the daily, weekly, monthly, and quarterly reports filed with the Federal Banking Agencies, primarily the Federal Reserve.
• Remain current on recent rules, interpretations, and industry practices (GAAP, Banking Federal Registrars and Financial Institution Letters, other regulatory, etc.).
• Assess the impact of these changes on the Company and communicate with the relevant parties to ensure that any changes are correctly implemented.
• Support growth initiatives, including but not limited to new business lines, product extensions and M&A within their area of influence, ensuring that business initiatives are supported with regard to both launch dates and the necessary consideration of changes to internal controls, policies, and procedures.
• Actively develop relationships across functional areas to ensure cross departmental collaboration.
• Assist with external financial audits, regulatory examinations, and similar activities.
• Perform certain month-end close responsibilities.
• Provide ad hoc reports customized to the needs of the Chief Accounting Officer or other members of executive management.

Benefits

• Competitive salaries
• An ownership stake in the company
• Medical and dental insurance
• Time off
• A great 401k matching program
• Tuition assistance program
• An employee volunteer program
• A wellness program
• Opportunity to bolster business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees