Regulatory Reporting Analyst

About Atrium:

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Client Overview:

We are working with a well-established financial services company with over 60 years of rich history and recognition for its excellence in the financial services industry. They are looking to hire a Regulatory Reporting Analyst to join their team. This company offers an excellent launchpad for careers throughout the financial services industry, from administrative to customer service, marketing, and human resources. They enjoy helping young professionals of all backgrounds grow within the roles they love. By starting your career journey with our client, you’ll instantly gain access to a support structure and community of dedicated and passionate associates who can help you accelerate your career.

Salary/Hourly Rate:

$33.30/hr

Position Overview:

The Regulatory Reporting Analyst assists with the completeness and accuracy of the financial firm’s regulatory reporting instructions and implementation using bank systems and data. This role serves as the technical subject matter expert for the Conformance Testing team and provides thought leadership as well as technical review and challenge of data supply chains used in the production of regulatory reports. The Regulatory Reporting Analyst will possess a strong technical understanding of data management, technology, and risk management practices and be able to identify and communicate gaps and improvement opportunities to both technical and non-technical stakeholders. In this role, we are seeking someone looking to grow with 1 – 2 years of experience. The Regulatory Reporting Analyst will be primarily responsible for leading and overseeing the validation of critical data elements, data mapping, and data transformation that support liquidity-based regulatory reports to ensure that reports are prepared following regulatory reporting instructions, guidance, regulators’ expectations, and industry best practices.

Responsibilities of the Regulatory Reporting Analyst:

• Partner closely with the Regulatory Reporting Assurance Director and Liquidity Risk Oversight team in planning and executing conformance tests.
• Creation of Preliminary ADV Part 2Bs (disclosure forms regulated by SEC).
• Assist with daily exception reports and assist with bi-weekly OBA reports.
• Clean up of ended OBA special projects Removal of ended OBAs ongoing.
• Review data dictionaries to assess the appropriateness of critical data elements used to produce liquidity-based regulatory and other key reports.
• Review data lineage design and documentation used in regulatory reporting data supply chains.
• Lead process walkthroughs with business and technical stakeholders to understand and validate regulatory reporting production processes and related data supply chains.
• Perform technical testing to validate that system logic related to data movement, transformation, and aggregation has been implemented accurately based on relevant business requirements.
• Perform data profiling to identify data anomalies and exceptions, if needed.
• Document results of conformance tests in work papers that will withstand scrutiny by auditors and regulatory examiners.
• Monitor, escalate, and report issues to management or other relevant stakeholders periodically.
• Prepare and present clear and concise reports on testing results to senior management.
• Conduct testing to validate remediation of gaps.
• Build relationships with regulatory reporting, Finance/Treasury, segment data offices, IT, and other stakeholders across the bank.

Qualifications for the Regulatory Reporting Analyst:

• 1 – 2 years of experience in Consulting/Audit/Risk with financial service clients in a financial services environment.
• Proficiency in SQL strongly preferred. Familiarity with other languages such as Python, SAS, and R.
• Prior experience with regulatory reporting, auditing, risk management, and/or data management at a large financial institution.
• Relevant certifications such as Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA), etc.
• Strong critical thinking and creative problem-solving skills.
• Effective communicator (written and verbal).
• Ability to work independently and as part of cross-functional teams.
• Can manage competing priorities and deliver high-quality work in a timely fashion.
• Experience with mentoring and supervising junior colleagues.
• Passion for continuous learning and development.

Education Requirements:

• Bachelor’s degree in a technical or business-related field (Management Information Systems, Data Science, Computer Science, Accounting, Finance, Statistics, etc.).
• Master’s degree in a business or technical field, with emphasis on Analytics and Statistics.

Benefits:

• Atrium Care Package available, upon eligibility (including healthcare plans, discount programs, and paid time off).