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System One

Business Systems Analyst ( Regulatory Reporting ) - REMOTE

System One, New York, New York, United States,


For immediate consideration, please connect with me on LinkedIn at https://www.linkedin.com/in/dpotapenko and then email your resume, work authorization status, current location, availability, and compensation expectations directly to denis.potapenkosystemone.com - make sure to include the exact job title and job location in your email message. Contract position contract can be extended; contract to hire is possible. REMOTE WORK Business Systems Analyst ( Regulatory Reporting ) : - Support the Regulatory Reporting, Data Submissions, and Finance Capital Reporting teams within the Bank. - 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. - 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. - Analyze regulatory implications of all on and off-balance sheet activities, and provide insights into the impact of various asset classes such as Commercial/Retail loans/leases, Derivatives, Securitized Assets, and Equity. - Develop, document, and define business and data requirements, ensuring they meet regulatory standards and align with business objectives. - Provide detailed knowledge and expertise on report layouts and specific schedules within FR Y-9C, FR Y-14M, FR Y-14Q, FR 2590, and Basel III regulatory reports. - Collaborate with data engineering teams to design and implement data solutions that enhance regulatory reporting and analytics capabilities. Qualifications : - Experience as a Business Systems Analyst / Business Analyst or Data Analyst, with at least 3 years in financial analysis or modeling for Asset Liability Management, Treasury Management, Credit Risk Management, or SCCL/Basel III regulations. - Experience in interpreting Federal Reserve instructions for regulatory reporting and converting them into actionable technical requirements. - Strong understanding of capital regulations for U.S. banks, and proficiency in handling various regulatory submissions, including FR Y-9C, FR Y-14M, FR Y-14Q, FR 2590, and Basel III. - Hands-on experience with SQL and BI tools such as Tableau, Microsoft Power BI, and Oracle BI for data analysis. - Hands-on experience with Microsoft Excel for financial modeling and data analysis. - Knowledge of banking, financial markets, and products, with a focus on regulatory implications of on- and off-balance sheet activities. For immediate consideration, please connect with me on LinkedIn at https://www.linkedin.com/in/dpotapenko and then email your resume, work authorization status, current location, availability, and compensation expectations directly to denis.potapenkosystemone.com - make sure to include the exact job title and job location in your email message. .