Global Banking – Regulatory Reporting Assessment and Onboarding - Ops Sr Analyst

$60,000 - $75,000 yearly
  • The Resume Review - Recruiting Department
  • Addison, TX, USA
  • Sep 19, 2022
Full time Accounting Banking Finance

Job Description

Job description
The Regulatory Reporting Assessment and Onboarding Analyst is a member of the Global Banking NFRR Shared Operations team responsible for the end to end execution of the business processes and controls needed to onboard selected non-financial regulatory reports from Global Banking Operations (supporting Business Banking, Enterprise Credit, Global Commercial Banking, Global Corporate and Investment Banking) to the target operating model. This work is being executed to deliver a consistent global capability focused on reducing risk, improving the accuracy and completeness of NFRR reporting and adhering to data policies & standards.
The team member will be responsible for various business-as-usual deliverables which must be executed in a timely and accurate fashion. The professional ideally has working knowledge of regulatory reports such as Syndicate Loan reporting, Payment Statistics and Fraud reporting, Balance of Payments reporting, Bank Account Database reporting, cross border activity reporting.
  • Identify report(s) based on existing criteria for the transfer into the Global NFRR Shared Operations team and initiate engagement with stakeholders such as Operations, Compliance and associated Technology partners
  • Conduct the Health review of the identified reports and identifying gaps, if any by reviewing collected documents and attending walkthroughs from the relevant teams
  • Understand the requirements of the Regulatory Reporting policy and other applicable policies / standards
  • Understand the applicable regulatory reporting requirements from the regulator(s) and the end to end report submission process
  • Develop and execute action plans to remediate gaps, as needed
  • Define the requirements for a successful transition, including system access, language, business / process domain experience, etc.
  • Perform weekly and ad-hoc reporting to measure and monitor key metrics for the Assessment and Onboarding governance routines
  • Communicate effectively with all levels of management, across business units.
Required Skills: (Must have these skills to be minimally qualified)
  • At least 3-5 years of experience working in a regulatory reporting role or business control role
  • Working Knowledge of Regulatory Risk Management, banking and/or markets regulations in US and Canada
  • Excellent organizational skills and attention to detail and accuracy
  • An understanding of Global Corporate and Investment Banking, Global Transaction Services, and Banknotes products, services and processes
  • Strong technical skills including experience using Excel, and VBA
  • Excellent communication & analytical skills
  • Ability to document and present complex material in a simple and understandable manner
Other Qualifications:
  • Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions.
  • Excels in working among diverse viewpoints to determine the best path forward.
  • Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner.
  • Commitment to challenging the status quo and promoting positive change.
  • Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base.
  • Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world.
Enterprise Role Overview:
Follows established written procedures and guidelines, provides technical and analytical support in a global markets operations support function for one or more operations product areas. Uses established techniques to analyse and resolve complex operations support problems/initiatives requiring exception handling and/or coordination of multiple operational and/or product/services specialists to resolve. May assist in managing projects and/or introduction of new initiatives, systems, products and services and processes coordination across multiple operations functions. Employees will have college degree (Associates or higher) or comparable work experience.
Required skills include:
expert Excel knowledge, detail orientation, ability to manage multiple priorities and multi task, excellent time management and prioritization skills, with ability to meet tight deadlines, ability and willingness to continuously learn on the job, ability to problem-solve and take ownership of process improvements, ability to work in a team environment, excellent verbal and written communication skills with ability to communicate with various stakeholders.
Desired skills include:
Business, Finance, Accounting, Economics, or similar major preferred and a basic understanding of and/or experience in financial service industry. To be used for employees in Global Markets only.