Head of Liquidity Reporting

Job description

Business type

Types of Jobs - Finance / Accounting

Job title

Head of Liquidity Reporting

Contract type

Permanent Contract

Management position

Yes

Job summary

Manage a staff of two regulatory reporting professionals to ensure the timely and accurate submission of the FR2052a U.S. regulatory liquidity report.

Key Responsibilities:

Administrative:

• Prepare and distribute Regulatory Reporting calendar listing all departmental activities for the month.

• Distribute workload to ensure the timely and accurate completion of the required report and analyses.

• Ensure adequate back-up for all critical functions.

• Ensure all records and work papers are maintained in accordance with record retention requirements.

• Responsible for administrative and personnel functions relating to the regulatory staff. Included in this are staff evaluations, development and continued regulatory reporting training.

Technical:

• Detailed review of the FR2052a report before submission to the FED.

• Proficiency in technical aspects of regulatory reporting tool (i.e. Axiom), including data sourcing, and ability to change configurations, layouts and mapping.

• Top Level reconciliation to other regulatory reports prior to submission to the regulatory agency.

• Respond to inquiries from local regulators regarding information reported.

• Respond to the Branches and agencies request for information or supporting documentation concerning their report filings and examinations.

• Review and assess the impact of new and revised reporting requirements as they occur.

• Perform periodic compliance and industry best practices review on the regulatory report.

• Liaise with various regulatory reporting industry groups to establish a Credit Agricole presence within the community.

Responsibilities:

• In depth knowledge of the FR2052a report and reconciliation of results with ALM reports.

• Knowledge of other regulatory reports such as FRY 15 and the FFIEC 002 for reconciliation purposes.

• Preparation of detailed analysis for presentation to CACIB's management.

• Maintain established contacts with regulators to clarify reporting issues and monitor future changes.

• Coordinate with internal audit, the examinations of reports by Federal and State regulators.

• Prepare responses to comments made by Federal, State and internal auditors.

• Provide regulatory guidance to other Credit Agricole Branches as required.

• Participate in the development of new products to determine the regulatory impact.

• Provide input to other departments in the bank on the reporting impact of proposed or existing transactions.

• Prepare written memorandum on topics of concern related to regulatory reporting for CACIB's management.

• Define and prioritize the technology related needs of the regulatory reporting department.

• Establish / maintain reporting procedures and compliance with revised and/or newly required regulatory reports.

Salary Range: $170K-$200K

#LI-DNI

Position location

Geographical area

America, United States Of America

City

NEW YORK

Remote work

hybrid

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Essential Experience:
Bachelor's Degree in Accounting

Desirable Experience:
Master's Degree

Level of minimal experience

11 years and more

Required skills

Essential Experience:

• Knowledge of US Regulatory Reporting

Desirable Experience:

• Knowledge of AXIOM
• CPA

Languages

English