RBC Capital Markets, LLC
Regulatory Reporting Analyst
RBC Capital Markets, LLC, Jersey City, New Jersey, United States, 07390
Job SummaryDevelops, publishes, maintains and files all documentation necessary to meet organizational, industry, and governmental regulatory requirements. Applies complete knowledge, skills, and practices to perform assignments.
Job DescriptionJob Description
What are you going to do?Assist in the preparation, analytical review, and filing of core Federal Reserve regulatory reports including but not limited to the FR Y-9C, FFIEC 002, FR Y-14, FR Y-9LP, FRY-7Q, FR 2314, FRY-11 & TIC Reporting SeriesReview / maintain documentation of procedures, RCSA and governance for regulatory reportsMonitor and implement on-going changes in regulatory reporting requirementsPartner with LECs on month-end close processes for core FRB reporting entities to understand emerging accounting issues/adjustments and their impact to regulatory reporting processesDrive awareness level of LECs to regulatory developments and guidance impacting regulatory reports and processesUpdate report preparation procedures to include changes due to automation and/or control updatesWork with regulatory team leaders to research and document key rule interpretation decisionsDocument regulatory reporting impact of proposed new business, products and strategic transactions on an ongoing basis in collaboration with LECsPrepare and maintain US GAAP to RAP reconciliation schedules with relevant supportParticipate in and document interactions with regulators across RBC reporting platformPartner with reporting teams during User Acceptance Testing to ensure control implementationAnalyze workflows across reporting teams and work with managers to develop strategic work plansPerform data validation with the goal of developing controls for reporting consistencyOversee manual data sourcing, identify or raise automation initiatives and report progress to managementMust haves:Minimum 4 years of experience in the financial services industryDegree in Accounting/Finance/EconomicsBroad comprehension of Capital Markets and Financial Services IndustryExperience using Axiom or similar regulatory reporting toolsStrong Microsoft software Office skills (Excel, Word, PowerPoint)Experience in US GAAP Financial Statement preparation and Bank Regulatory ReportingAbility to work in a fast-paced team environmentExcellent written and oral communication skillsIndependent and critical thinker with desire to drive resultsWhat's in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to building close relationships with clientsThe good-faith expected salary range for the above position is $65,000 - $105,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other 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.RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:* Drives RBC's high performance culture* Enables collective achievement of our strategic goals* Generates sustainable shareholder returns and above market shareholder valueJob SkillsAudits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Regulatory Reporting, Reporting Processes, Reporting Requirements
Additional Job DetailsAddress:GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:Jersey City
Country:United States of America
Work hours/week:40
Employment Type:Full time
Platform:OFFICE OF THE CFO
Job Type:Regular
Pay Type:Salaried
Posted Date:2024-10-25
Application Deadline:2024-11-20
I
nclusion
and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent Community
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
Job DescriptionJob Description
What are you going to do?Assist in the preparation, analytical review, and filing of core Federal Reserve regulatory reports including but not limited to the FR Y-9C, FFIEC 002, FR Y-14, FR Y-9LP, FRY-7Q, FR 2314, FRY-11 & TIC Reporting SeriesReview / maintain documentation of procedures, RCSA and governance for regulatory reportsMonitor and implement on-going changes in regulatory reporting requirementsPartner with LECs on month-end close processes for core FRB reporting entities to understand emerging accounting issues/adjustments and their impact to regulatory reporting processesDrive awareness level of LECs to regulatory developments and guidance impacting regulatory reports and processesUpdate report preparation procedures to include changes due to automation and/or control updatesWork with regulatory team leaders to research and document key rule interpretation decisionsDocument regulatory reporting impact of proposed new business, products and strategic transactions on an ongoing basis in collaboration with LECsPrepare and maintain US GAAP to RAP reconciliation schedules with relevant supportParticipate in and document interactions with regulators across RBC reporting platformPartner with reporting teams during User Acceptance Testing to ensure control implementationAnalyze workflows across reporting teams and work with managers to develop strategic work plansPerform data validation with the goal of developing controls for reporting consistencyOversee manual data sourcing, identify or raise automation initiatives and report progress to managementMust haves:Minimum 4 years of experience in the financial services industryDegree in Accounting/Finance/EconomicsBroad comprehension of Capital Markets and Financial Services IndustryExperience using Axiom or similar regulatory reporting toolsStrong Microsoft software Office skills (Excel, Word, PowerPoint)Experience in US GAAP Financial Statement preparation and Bank Regulatory ReportingAbility to work in a fast-paced team environmentExcellent written and oral communication skillsIndependent and critical thinker with desire to drive resultsWhat's in it for you?We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicableLeaders who support your development through coaching and managing opportunitiesAbility to make a difference and lasting impactWork in a dynamic, collaborative, progressive, and high-performing teamOpportunities to do challenging workOpportunities to building close relationships with clientsThe good-faith expected salary range for the above position is $65,000 - $105,000 depending on factors including but not limited to the candidate's experience, skills, registration status; market conditions; and business needs.This salary range does not include other 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.RBC's compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:* Drives RBC's high performance culture* Enables collective achievement of our strategic goals* Generates sustainable shareholder returns and above market shareholder valueJob SkillsAudits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Regulatory Reporting, Reporting Processes, Reporting Requirements
Additional Job DetailsAddress:GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY
City:Jersey City
Country:United States of America
Work hours/week:40
Employment Type:Full time
Platform:OFFICE OF THE CFO
Job Type:Regular
Pay Type:Salaried
Posted Date:2024-10-25
Application Deadline:2024-11-20
I
nclusion
and Equal Opportunity EmploymentAt RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.