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CCAR Regulatory Capital Reporting Manager
Ref No.: 18-02795
Location: Boston, Massachusetts
Position Type:Full Time
Pay Rate : $ 110,000.00 - 120,000.00 /Year
CCAR Regulatory Capital Reporting Manager

Responsible for hiring, developing and managing a team of analysts to complete complex regulatory capital reporting process. Exemplifies excellent time management and coaching/development skills. Conducts and documents complex reporting and analysis projects on significant complex technical reporting matters. Identifies, investigates and communicates inconsistencies and problems to the attention of management in a timely manner while able for work independently and supervise the work of others. 
  • Act as Regulatory Reporting representative to on-going Y14Q/M Data Gap Remediation PMO and general Bank data system transformation efforts
  • Subject-matter-expert (SME) on all of the FR Y14 reporting instructions published by Client Bank (FRB) including Q&As
  • Cultivate relationships among staff with other areas of the Company, and develop direct reports to enable them to assume additional responsibilities, including succession planning and job rotation
  • Develop and maintain desktop procedural documentation supporting regulatory reports
  • Developing and documenting the Business Requirements for the loan data submissions (based on the evolving FR-Y14 specifications) for IT to continue developing the necessary technical specifications and report production systems
  • Ensure appropriate documentation and analysis of principles that constitute the organizations reporting policies and procedures, and that such policies are in accordance with Regulatory Principles and GAAP
  • Ensure timely and accurate filing of all required deliverables with the regulators instruction
  • Gain an understanding of the key inputs and assumptions used by the Treasury Capital Planning Group driving scenarios for Baseline, Adverse, Severely Adverse (both BHC and FRB), including understanding and assessment of reporting needs in context of financial position and results of operations, capital, retail, securities, trading, counterparty credit risk and operational risk
  • Manage the oversight and conduct of external reviews impacting the Regulatory Capital Reporting Organization including those performed by Bank Regulatory Agencies (FRB, OCC) and Internal Audit
  • Managing the Y14Q/M-to-Y9C reconciliation process with Accounting
  • Prepare and/or review support for remarks to be submitted to the regulators in response to variance or other questions
  • Primarily responsible for defining and managing the recurring FR Y-14 processes for Regulatory Financial Reporting for a $100 billion Bank Holding Company
  • Producing and submitting the Financial Y14Qs (FVO-HFS, MSR Valuation, Basel III, Regulatory Capital, PPNR, and Supplemental) to Client Bank
  • Promote MIS and Accounting Systems and processes that enable the Regulatory Capital Organization and the Company to reach its goals
  • Provide support in the accomplishment of organizational objectives as needed
  • Running the Y14Q/M Working Group and coordinating with all relevant subsidiary resources including IT, Risk, Accounting, Finance and Lines of Business
  • Supervise production of workpaper documentation in accordance with the Company's standards
  • Under the supervision of the Departments Director, research and appropriately incorporate changes (i.e., new products or transactions) in the regulatory reports
  • B.S. degree in Accounting, Business Management /Finance
  • M.S. in Finance/Accounting or CPA is a plus 
  • Previous regulatory reporting or CCAR experience
  • 5 - 10 years' experience banking industry
  • Excellent analytical and problem solving skills
  • Critical thinking skills
  • Clear and concise communications skills
  • Demonstrated experience with Microsoft Office (Outlook, Word, Excel & PowerPoint) 
  • Strong MS Excel skills 
  • Detail oriented with strong organizational and analytical skills