US Regulatory Reporting - Emerging Lead

Recruiter
STATE STREET CORPORATION
Location
Bangalore, Karnataka
Salary
Competitive
Posted
24 Apr 2019
Closes
24 Apr 2019
Ref
1135237897
Job role
Accountant
The Emerging Lead in this role will be responsible for supporting the preparation of monthly, quarterly and annual reporting to U.S. Regulators including but not limited to, Federal Reserve filings on Financial Condition and Income, Regulatory Capital, Treasury International Capital (TIC) reporting, Bureau of Economic Analysis surveys and Regulation K Compliance and Monitoring. Responsibilities & Tasks Include Complete and accurate preparation of weekly, monthly, quarterly and annual reporting to applicable regulators Prepare initial schedules and reports, including primary data provider capture point and work paper preparations Analyze financial data in order to complete filings, understand fluctuations and uncover potential inaccuracies Perform edit check reviews and follow up on applicable discrepancies Perform reconciliations across products, reports and schedules Execute source system data reconciliation versus General Ledger Prepare monthly management reports and trends on capital adequacy Monthly systems processing of Moody's Risk Authority including manual systems entries, data extractions, data quality checks and reconciliations Stay informed of regulatory changes and work with management to develop processes for implementation of new reporting requirements Maintain detailed procedures and documentation for the above processes Education and Experience Bachelors degree in finance, business, or equivalent 2-4 years of progressive experience in banking or financial services Excellent communication, documentation and organizational skills Proven track record of successful project execution Ability to multi-task and work under high pressure deadlines Ability to reprioritize timely Strong attention to detail and accuracy Ability to work with other departments and represent the team in a positive manner Ability to work both independently and as part of a team Familiarity with bank reporting and US GAAP accounting High level of interpersonal skills and integrity Chartered Accountant certification (not required but beneficial) Familiarity with financial products and financial institution operations Skills/ Knowledge Proficiency in Microsoft Office suite (Excel, PowerPoint, Word) Advanced Microsoft Excel and ability to manipulate data Knowledge of Hyperion Essbase, Spot Fire, AXIOM would be a plus Financial and accounting skillset knowledge of regulatory reports and forms Strong Analytical and problem solving skills Ability to transform a business need into a visual representation

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