Senior Financial Control Manager
4 days ago
At RBC Capital Markets, LLC, we are seeking a highly skilled Senior Financial Control Manager to lead our Federal Reserve Bank Regulatory Reporting & Financial Control function. This role is responsible for ensuring timely and accurate reporting while maintaining a robust control framework.
The ideal candidate will have 6 years of progressive post-baccalaureate work experience in an accounting environment, with a strong background in Federal Reserve Foreign Banking Organizations Enhanced Prudential Supervision and regulatory reporting software systems. Active CPA certification is also required.
This is a full-time employment opportunity, Monday - Friday, 40 hours per week. The base salary for this role is $137,114 per year, with additional elements of total compensation including a discretionary bonus and benefits such as a 401(k) program with company-matching contributions; health, dental, vision, life and disability insurance; and paid time-off plan.
We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. If you are a motivated and detail-oriented professional looking to make a meaningful impact, please apply for this exciting opportunity.
Key Responsibilities:
- Lead the Federal Reserve Bank Regulatory Reporting & Financial Control function
- Ensure timely and accurate reporting while maintaining a robust control framework
- Support governance and control requirements and perform reconciliation and variance analysis related to various regulatory reports
- Act as point person for the annual audit of the IHC's consolidated financial statements
- Manage the month-end and quarter-end closing process, including the creation, documentation and posting of journal entries to the general ledger
- Interface with external regulators and internal audit to facilitate their understanding of reporting processes
- Examine, analyze, and interpret accounting records to assist in financial statement preparation
- Partner with the Legal Entity Control, Finance IT, Risk Control, USDS, Legal, SGO and Product Control to improve the overall processes, automation and regulatory reporting work streams
- Present monthly, quarterly and yearly analytical packages to senior management
- Manage the implementation of new business initiatives including development of process efficiencies and improvement efforts as well as the US data quality improvement projects
- Spearhead the implementation of new accounting standards or updates and represent Financial Control and Regulatory Reporting in all project meetings
Requirements:
- Bachelor's degree or foreign equivalent in Accounting, Finance, or a related field
- 6 years of progressive post-baccalaureate work experience in an accounting environment
- 2 years of experience in Federal Reserve Foreign Banking Organizations Enhanced Prudential Supervision
- 2 years of experience in developing and managing relationships, alongside with audit experience, with federal regulators
- 2 years of experience in Capital Markets, Wealth Management and Retail Banking
- 2 years of experience in reporting of accurate and timely consolidated financial and statistical results to the Federal Reserve
- 1 year of experience in utilizing regulatory reporting software systems
- Active CPA certification
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