Regulatory Reporting Specialist

6 days ago


Cleveland, Ohio, United States System One Full time
Job Description:

We are seeking a highly skilled Regulatory Reporting Specialist to join our team.

About the Role:

The successful candidate will be responsible for supporting the Regulatory Reporting, Data Submissions, and Finance Capital Reporting teams within a leading financial institution.

  • Collaborate with cross-functional teams to develop business and regulatory requirements related to key regulatory reports such as FR Y-9C, FR Y-14M, FR Y-14Q, Single Counterparty Credit Limit (SCCL) in FR 2590, and Basel III.
  • Interpret Federal Reserve instructions for specific regulatory reports and translate them into technical requirements for building accurate and compliant regulatory reports.
Key Responsibilities:

The ideal candidate will possess strong analytical skills, excellent communication abilities, and a thorough understanding of capital regulations for U.S. banks.

  • Conduct financial analysis and modeling for Asset Liability Management, Treasury Management, Credit Risk Management, and ensure compliance with SCCL (Single Counterparty Credit Limit) and Basel III regulations.
  • Develop, document, and define business and data requirements, ensuring they meet regulatory standards and align with business objectives.
Requirements:

The successful candidate will have:

  • A minimum of 3 years' experience as a Business Systems Analyst / Business Analyst or Data Analyst, with expertise in financial analysis or modeling for Asset Liability Management, Treasury Management, Credit Risk Management, or SCCL/Basel III regulations.
  • Hands-on experience with SQL and BI tools such as Tableau, Microsoft Power BI, and Oracle BI for data analysis.
  • Knowledge of banking, financial markets, and products, with a focus on regulatory implications of on- and off-balance sheet activities.
Estimated Salary:

$85,000 - $110,000 per year, depending on experience.



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