Regulatory Reporting Analyst / CCAR Project - The Ashlar Group
TAMPA, FL 33637
About the Job
Client - Major Financial Firm
Role - Regulatory Reporting Analyst / CCAR Project
Rate - $38.51/HR on W2 (OT past 40 hours = $57.76/HR on W2)
Duration - 12 month assignment (possible extension)
Location - Tampa, FL
The Regulatory Reporting Analyst will be responsible for the review of documentation, data assessment and production support of Comprehensive Capital and Analysis Review (CCAR) schedules. CCAR is an annual process completed by Client to ensure institutions have robust, forward-looking capital planning processes that account for unique risks and sufficient capital to continue operations throughout times of economic and financial stress.
This analyst will support the CCAR production in FRO to enhance the governance framework to achieve greater standardization, consistency, and sustainability. This position will support the production of the CCAR processes (FR Y14A, 14Q, 14M schedules), to ensure they are complete, produced timely and accurately. The position has responsibility for all FR Y-14 related processes being compliant with current regulations, supported by documentation standards and with effective preventive and detective controls.
This position has responsibility for consolidation, review and analytics of CCAR data and for closing and change control coordination. The process also includes data acquisition leveraging GENESIS and report preparation leveraging US Reg Insight combined with legacy processes. The production framework has embedded controls to ensure data is reconciled and properly mapped to according to CCAR requirements. The supervision will escalate issues and discrepancies noted in the production process for root cause remediation.
Description/Duties:
• Assessment and support of data collection process supporting CCAR Wholesale schedules H1 and H2, review mappings and rules related to FR Y-14 reports.
• Review and monitoring of attestations, documentations and change management.
• Strong interpersonal skills and ability to work with multiple functions (Corporate Reporting, Finance, Risk, Operations Technology).
• Produce metrics to senior management highlighting key issues and remediation status, maintain and enhance related operational and analytical procedures.
• Perform key controls, with proper documentation, and facilitate MCA testing; identify opportunity to optimize processes.
• Responsible for the reconciliation among different reports, including FR Y-9c, FFIEC101, and /or other Regulatory reports.
• Effective communication: presentations to Senior Management, issue resolution with Technology.
Qualifications
Skills/Qualifications:
• Bachelors/MBA degree
• 5 + years experience working in an accounting/finance environment, including familiarity with financial systems
• Accounting, Regulatory reporting or Audit experience, CPA preferred.
• Operations and Product knowledge
• Project Management experience
Technical Skills
• Proficiency in MS Office Products (Excel, Word, PowerPoint. Access/SQL preferred)
• Knowledge of accounting and financial/regulatory reporting
• Ability to grasp and master new concepts/requirements and related product/functional knowledge
Behavioral Skills
• Strong organizational and planning skills to manage a large number of requests.
• Attention to detail with a high degree of control and emphasis toward quality.
• Excellent verbal and written communication skills and ability to facilitate discussions.
• Ability to work independently and take ownership of various parts of a project or initiative.
• High caliber team player with good judgment, flexibility and productivity.
• Quick learner, customer focused with ability to multi-task and work in a fast paced changing environment.
• Forward looking with ability to mitigate and overcome any challenging roadblocks. Must have "can do” attitude.
• Ability to work well under pressure and manage to tight deadlines or unexpected changes in expectations or requirements.
• Strong relationship and teamwork skills with hands –on approach.
Role - Regulatory Reporting Analyst / CCAR Project
Rate - $38.51/HR on W2 (OT past 40 hours = $57.76/HR on W2)
Duration - 12 month assignment (possible extension)
Location - Tampa, FL
The Regulatory Reporting Analyst will be responsible for the review of documentation, data assessment and production support of Comprehensive Capital and Analysis Review (CCAR) schedules. CCAR is an annual process completed by Client to ensure institutions have robust, forward-looking capital planning processes that account for unique risks and sufficient capital to continue operations throughout times of economic and financial stress.
This analyst will support the CCAR production in FRO to enhance the governance framework to achieve greater standardization, consistency, and sustainability. This position will support the production of the CCAR processes (FR Y14A, 14Q, 14M schedules), to ensure they are complete, produced timely and accurately. The position has responsibility for all FR Y-14 related processes being compliant with current regulations, supported by documentation standards and with effective preventive and detective controls.
This position has responsibility for consolidation, review and analytics of CCAR data and for closing and change control coordination. The process also includes data acquisition leveraging GENESIS and report preparation leveraging US Reg Insight combined with legacy processes. The production framework has embedded controls to ensure data is reconciled and properly mapped to according to CCAR requirements. The supervision will escalate issues and discrepancies noted in the production process for root cause remediation.
Description/Duties:
• Assessment and support of data collection process supporting CCAR Wholesale schedules H1 and H2, review mappings and rules related to FR Y-14 reports.
• Review and monitoring of attestations, documentations and change management.
• Strong interpersonal skills and ability to work with multiple functions (Corporate Reporting, Finance, Risk, Operations Technology).
• Produce metrics to senior management highlighting key issues and remediation status, maintain and enhance related operational and analytical procedures.
• Perform key controls, with proper documentation, and facilitate MCA testing; identify opportunity to optimize processes.
• Responsible for the reconciliation among different reports, including FR Y-9c, FFIEC101, and /or other Regulatory reports.
• Effective communication: presentations to Senior Management, issue resolution with Technology.
Qualifications
Skills/Qualifications:
• Bachelors/MBA degree
• 5 + years experience working in an accounting/finance environment, including familiarity with financial systems
• Accounting, Regulatory reporting or Audit experience, CPA preferred.
• Operations and Product knowledge
• Project Management experience
Technical Skills
• Proficiency in MS Office Products (Excel, Word, PowerPoint. Access/SQL preferred)
• Knowledge of accounting and financial/regulatory reporting
• Ability to grasp and master new concepts/requirements and related product/functional knowledge
Behavioral Skills
• Strong organizational and planning skills to manage a large number of requests.
• Attention to detail with a high degree of control and emphasis toward quality.
• Excellent verbal and written communication skills and ability to facilitate discussions.
• Ability to work independently and take ownership of various parts of a project or initiative.
• High caliber team player with good judgment, flexibility and productivity.
• Quick learner, customer focused with ability to multi-task and work in a fast paced changing environment.
• Forward looking with ability to mitigate and overcome any challenging roadblocks. Must have "can do” attitude.
• Ability to work well under pressure and manage to tight deadlines or unexpected changes in expectations or requirements.
• Strong relationship and teamwork skills with hands –on approach.
Source : The Ashlar Group