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Robert Half Financial Services are hiring for an AVP/VP Regulatory Reporting/Accountant role for a European Bank located in midtown Manhattan New York. Our client requires 5+ years FRB/FED/DFS Regulatory Reporting and General Ledger experience within a Bank. Knowledge of IFRS is advantageous. The role requires 2-3 days per week in the midtown Manhattan office.
Job Responsibility:
Manage and prepare regulatory reporting for Federal Reserve Bank (FED/FRB), NYS Department of Financial Services (NYDFS) and US Commerce
Responsible for updating the mapping in the Reg-Reporter application
Coordinate with Head Office and FED for FR Y-7 and FR Y-7Q report submissions for Bank Holding companies
Including the maintenance and update of the Organization Chart
Monitor changes in regulation or accounting rules impacting regulatory reporting
Maintain FRB Reporting Central
Coordinate with Head Office on the Reg-Reporter application, maintenance, and release updates
Perform routine tests in both Production and Acceptance environments
Respond to inquiries from the regulators
Home Office Management Reporting
Coordinate the Branch GL first line account management exercise, report the quarterly exceptional to Head Office second line account manager, and First Line Account Management for select GL accounts
Credit Accounting – Oversee the reporting of loan loss reserves and workouts
IFRS analysis related to stage 1 and 2 reserves
CECL calculation derived from stage 1 and 2 reserve calculation
Report and maintain the branch leading indicator
Report and maintain all other aspects of accounting reporting
Requirements:
5+ years FRB/FED/DFS Regulatory Reporting and General Ledger experience within a Bank
Knowledge of IFRS and Credit Accounting is advantageous
Bachelor Degree in Accounting
Nice to have:
Knowledge of IFRS and Credit Accounting is advantageous