Regulatory Reporting Specialist

Morgan Stanley•New York, NY

1d•$90,000 - $155,000

About The Position

We are seeking a detail-oriented and technically strong Regulatory Reporting director to support the preparation, review, and submission of U.S. bank regulatory reports and related filings. The role will be responsible for the timely and accurate completion of key regulatory filings including the FFIEC Call Report, FR Y-14A schedules, FR 2644, FR 2900, and related Federal Reserve, FDIC, and OCC reporting requirements. This is a Director level position within the Corporate Controllers, Reporting & Accounting job family which is responsible for the accuracy and control of the Firm’s books and records to produce the consolidated firm, segment and legal entities financial statements. The group owns the Firm’s financial reporting under US GAAP, International GAAP and the global regulatory regimes. Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. Includes capital and liquidity reporting and external reporting functions.

Requirements

5-7 years of regulatory reporting experience within a U.S. bank or financial institution
Strong knowledge of U.S. banking regulations and GAAP
Ability to work cross-functionally with Finance, Treasury, Risk, Capital Stress Testing, and Operations teams.
Bachelor's degree in Accounting, Finance, Economics, or related field.
5-7 years of experience in bank regulatory reporting, financial reporting, or bank finance.
Strong working knowledge of: FFIEC Call Reports, FR Y-14A reporting, FR 2900 reserve reporting, FR 2644 reporting requirements, U.S. GAAP and bank balance sheet products
Familiarity with U.S. banking regulatory framework applicable to large financial institutions and insured depository institutions.
Strong analytical and reconciliation skills with high attention to detail.
Experience working with large data sets and financial reporting systems.
Advanced Excel skills required
Ability to manage multiple deadlines in a fast-paced regulatory environment.
Strong written and verbal communication skills with ability to interact effectively across Finance, Risk, Treasury, and Operations teams.

Nice To Haves

Experience with SQL, AxiomSL, Workiva, OneSumX, or similar regulatory reporting platforms preferred.
Experience supporting CCAR / stress testing processes.
Prior experience at a large bank, bank holding company, or regulatory consulting firm.
Understanding of liquidity, capital, and balance sheet reporting concepts.
CPA or CFA designation is a plus.

Responsibilities

Prepare, validate, and submit quarterly and periodic regulatory filings, including: FFIEC Call Reports, FR Y-14A schedules and supporting documentation, FR 2644, FR 2900, and Related Federal Reserve, FDIC, OCC, and internal management reports
Perform detailed reconciliations between regulatory reports, general ledger balances, SEC filings, and internal financial systems.
Analyze new or changing regulatory reporting requirements and assess reporting impacts across products, legal entities, and business activities.
Coordinate with Treasury, Risk, Capital Planning, Financial Control, Liquidity Reporting, and Business teams to gather supporting data and resolve reporting issues.
Support governance and control processes around regulatory reporting, including: Variance analysis, Edit check reviews, Attestation support, Documentation and procedure maintenance, Internal and external audit requests
Assist with implementation and enhancement of regulatory reporting systems, automation initiatives, and data quality controls.
Support stress testing and capital planning processes related to regulatory submissions and management reporting.
Maintain strong understanding of applicable banking regulations, reporting instructions, and evolving regulatory guidance.
Participate in regulatory exams, internal audits, and remediation initiatives as needed.