Manager, Regulatory Reporting (18 Month Contract)
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. Requisition . Join a purpose‑driven team committed to results, in an inclusive high‑performing culture.
The Regulatory Reporting team manages and oversees financial regulatory reporting for the Bank and assigned subsidiaries. This includes governance of the process, monitoring all Bank compliance with filing requirements; change and project management for new or enhanced returns; relationship management with regulators; completion of returns on time (monthly, fiscal quarterly, calendar quarterly, semi‑annually, annually, and ad‑hoc filings); performance of variance analysis;
response to regulatory inquiries; and participation in Canadian bankers association meetings.
Reporting to a Senior Manager, Regulatory Reporting, the manager will be responsible for preparing and/or reviewing assigned returns before they are filed with regulators to ensure that returns are materially accurate and complete; manage or participate on implementation of new returns and various other finance enhancement, process improvement initiatives to drive efficiency or meet changing external requirements and maintaining cohesive control environment.
RegulatoryReporting
- Prepare and review assigned returns for the Bank as well as the assigned subsidiaries
- Provide effective governance including accurate and timely filing of all financial reports with the Regulators (e.g., OSFI, Bank of Canada, Statistics Canada, CDIC, AMF, FED, SEC, DTCC), and keep abreast of regulatory changes.
- Analyze reports with large data sets to identify patterns, trends, insights and work with cross‑functional teams in documenting the business rationale for variances above the thresholds. The incumbent will proactively resolve any problems and provide explanations to Senior Managers where appropriate.
- Interpret and implement new reporting requirements and manage the implementation of system and procedural changes to ensure compliance with new regulatory requirements.
- Prepare and maintain process documentation and operational guidance for the assigned returns.
- Work with internal control testing team/internal audit to coordinate and complete the testing requirements by participating in the walkthrough meetings, follow‑up meetings and providing requested artifacts where applicable.
- Work collaboratively and coach/mentor team‑members to ensure knowledge sharing, best practices and process improvements.
- Participate, as required, in accounting and other initiatives impacting financial regulatory filings, including new or enhanced systems, changes in accounting standards, new products or acquisitions and disposals. Perform regulatory tree review/update and review CRFs to assess impact on regulatory reporting, as assigned.
- Embrace and drive change as required. Identify opportunities to improve efficiency and propose changes to Senior Manager /Director.
- Manage ad‑hoc projects as assigned by Senior Manager/Director or other areas in the group.
- Accounting designation (CPA or equivalent) with minimum of 2‑4 years of experience in regulatory or financial reporting role, preferably with a financial institution is considered an asset.
- Bachelor’s degree with specialization in accounting or finance required.
- Strong knowledge of IFRS and financial regulatory requirements with a strong understanding of financial and management accounting principles.
- Strong analytical, conceptual, problem solving and organizational skills.
- Ability to manage conflicting requirements, manage priorities, time and resources appropriately. A multitasking individual is required to be able to cope with a diverse range of issues.
- Good team building skills, working with diverse groups to resolve issues and identify efficiencies.
- Solid communication skills (written & oral) and interpersonal skills with a strong ability to establish relationships with internal stakeholders, including senior management, as well as external regulators.
- Ability to work in fast‑paced…
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