Regulatory Reporting Associate

Moneycorp•Stamford, CT

3d•$0 - $90,000•Hybrid

About The Position

Moneycorp is seeking a Regulatory Reporting Associate to join the US Bank's Compliance & Risk team. This role is responsible for identifying, assessing, and mitigating regulatory reporting risks, overseeing regulatory reporting, and maintaining communication with regulators to ensure compliance with laws, regulations, and internal policies. Moneycorp is a global financial services company with over 45 years of experience, specializing in international payments for corporations, institutions, and high-net-worth individuals. They have a significant global presence with offices in 11 countries and processed over $1tn in payment volume in 2024. The company values energy, commitment, and collaboration, aiming to surpass customer expectations and foster a culture of belonging. Their North American operations include offices in Stamford, Orlando, Providence, and Toronto, with licenses and registrations across the US and Canada.

Requirements

3-5 years of experience in regulatory, compliance, risk, or related function
Working knowledge of regulatory frameworks and compliance practices
Strong analytical and problem-solving skills with attention to detail
Ability to interpret complex regulatory language and translate it into practical guidance
Effective communication and stakeholder management skills
Proficiency in Microsoft Office (Excel, Word, PowerPoint)

Responsibilities

Monitor and interpret existing laws, rules, and regulatory obligations applicable to the firm.
Identify and assess new and emerging regulations, industry developments, and regulatory trends.
Evaluate potential business and operational impacts of regulatory changes.
Maintain clear, concise summaries and updates for stakeholders on regulatory developments.
Analyze existing & newly issued regulations and guidance to support firm interpretation.
Contribute to regulatory impact assessments and recommendations.
Support and, where appropriate, coordinate components of regulatory implementation projects.
Partner with internal teams to translate regulatory requirements into actionable business steps.
Help ensure business practices align with applicable regulatory frameworks and expectations.
Support engagement and coordination with regulatory bodies and internal stakeholders.
Provide guidance and clarification on regulatory requirements to business partners.
Assist in preparing materials for regulatory interactions, examinations, and inquiries.
Draft and review regulatory documentation, including policies, procedures, and submissions.
Ensure documentation is aligned with current and evolving regulatory expectations.
Support audit readiness by maintaining organized and up-to-date regulatory records.
Contribute to continuous improvement of governance and control processes.