Sr. Analyst, Regulatory Reporting

Santander•New York, NY

35d•$63,750 - $110,000

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You! The Regulatory Reporting function is responsible for the operations and controls surrounding regulatory reporting of the institution. This function’s responsibilities demonstrate expertise in processing transactions, recording accounting entries, understanding the general ledger and reconciliations, interpreting and complying with technical accounting matters and regulatory reporting requirements. The Associate is responsible for the process administration, reconciliations, reporting, analysis, and documentation of assigned job areas within the regulatory reporting function. The incumbent improves the effectiveness of the accounting reporting team by adjusting and/or enhancements to current reporting processes. Administers the processing of reconciliations, analysis, and documentation of assigned job areas within the regulatory reporting team. Improves the effectiveness of the accounting reporting team by adjusting and/or enhancements to current reporting processes. Creates and/or improves the regulatory reporting processes; recommends enhancements or improvements to improve effectiveness of reporting team. Prepares or reviews regulatory reports and research to resolve discrepancies or significant variances. Monitors and communication of any incident related to Regulatory reports to the senior managers. Researches and analyzes new products, systems, and/or best practices within the Regulatory Reporting environment. Reviews, reconciles, or analyzes General Ledger data, to ensure the correct reporting process.

Requirements

Bachelor's Degree or equivalent work experience: Accounting, Finance, Business Administration or equivalent field. - Required.
3+ Years Accounting, Financial reporting or Auditing field - Required.
3+ Years Equivalent work experience - Required.
Demonstrated competence of accounting practices and procedures, including US GAAP/IFRS and regulatory reporting standards
Experience working with Regulatory reporting forms to the Federal Reserve Bank, especially on FFIEC 002/ FRY15 ( is a plus)
Knowledge of financial products like Derivatives, Fixed Income, Lending, cash management, trade finance or willing to learn new activities
Ability to focus on details to ensure and maintain data accuracy and demonstrate holistic understanding of accounting and Regulatory reports
Can work independently and as part of a team
Effectively handle multiple projects simultaneously in a deadline driven environment
Excellent communication and organizational skills
Demonstrate continuous improvement through training
Advanced experience with MS Excel ( Pivot tables, Vlookup, etc.)
Spanish language is a plus

Nice To Haves

CPA : (Certified Public Accountant) - Preferred.
Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

Administers the processing of reconciliations, analysis, and documentation of assigned job areas within the regulatory reporting team.
Improves the effectiveness of the accounting reporting team by adjusting and/or enhancements to current reporting processes.
Creates and/or improves the regulatory reporting processes; recommends enhancements or improvements to improve effectiveness of reporting team.
Prepares or reviews regulatory reports and research to resolve discrepancies or significant variances.
Monitors and communication of any incident related to Regulatory reports to the senior managers.
Researches and analyzes new products, systems, and/or best practices within the Regulatory Reporting environment.
Reviews, reconciles, or analyzes General Ledger data, to ensure the correct reporting process.