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Ensuring data integrity of balances in the General Ledger, as well as, balances reported on various Regulatory reports by the NY Branch and CAS to the Federal Reserve Bank.
Job Responsibility:
Support the team to perform periodic reviews on various regulatory reports
Assist in performing end-to-end sample testing (from trade tickets / client confirms to reporting) to ensure data accuracy, data integrity, completeness, and in compliance with regulatory reporting requirements
Take initiative to escalate the findings to his/her manager, and communicate with various departments (i.e. Operations, Front Office, etc.)
Assist in executing the Quality Assurance Reviews across various source systems and reporting streams
Identify the findings or system issues by utilizing the data from different system applications and database platform
Build key relationships across Business Lines, Compliance, Internal Audit and IT functions
Assist in compiling and organizing the Quarterly/Monthly Status Report
Maintain and distribute the monthly Issue Log to manager, and closely follow-up with concerned parties on the open issues
Assist in the on-going development of streamlining the reviewing processes
Requirements:
Bachelor Degree / BSc Degree or equivalent
Bachelors in Accounting
6-10 years minimal experience
Knowledge of US Regulatory Reporting
English language
Strong knowledge in regulatory reporting requirements, specifically in FR2052a and FR Y-15 report
Extensive experience in Quality Assurance that enhances to develop protocols to ensure the integrity and accuracy of regulatory reporting
Strong understanding of regulatory reporting requirements with a proven ability to perform detailed data validation for the User Acceptance Tests
Proactive identification and escalation of issues/findings
Strong controls mindset with ability to perform root cause analysis
Analyse and interpret new regulatory reporting requirements to update internal processes and ensure ongoing compliance requirements