Commerzbank AG
Regulatory and Financial Reporting
Commerzbank AG, New York, New York, us, 10261
Functional Title:
Regulatory and Financial Reporting Specialist
Corporate Title:
AVP
Overtime Eligible (Y/N)
N
Department:
Regulatory and Financial Reporting
Reports To: (Position)
Head of Regulatory and Financial Reporting
Management Responsibilities: (Y/N)
N
Position Summary:
The US Branch of a prominent European bank is seeking a motivated and detail oriented Regulatory Reporting specialist to join the Financial & Regulatory Reporting Group. The role involves the timely and accurate preparation and filing of regulatory reports in accordance with US and Cayman Islands banking regulations. The role requires frequent interaction with Accounting, Operations and IT to ensure data integrity.
Essential Duties and Responsibilities:
o Prepare and file regulatory reports with various regulators, including:
o Daily report to Federal Reserve: FR2420;
o Weekly reports to Federal Reserve: FR 2900 and FR 2644;
o Monthly and quarterly International Capital (TIC) Reports - BC, BL, BQ Series;
o Monthly Pledged Asset reports with the Department of Financial Services: Asset Maintenance Report;
o Quarterly reports with Department of Commerce: BE Series.
o Prepare the Call report (FFIEC 002, 002s, 019), and present analytical insights to Finance Management.
o Prepare the Quarterly reports filed with the Cayman Monetary Authority - QPR and LBS, and present analytical insights to Finance Management.
o Responsible for the maintenance of regulatory report data using RegReporter software to ensure integrity and completeness.
o Perform system user testing and document results impacting the regulatory software and/or data inputs to the regulatory reports.
o Maintain procedural documentation current.
o Miscellaneous responsibilities as required.
Experience /Qualifications/Education:
o 3-5 years regulatory reporting experience in banking or financial institutions.
o Accounting or Finance degree preferred.
o Strong knowledge of US GAAP and its applicability to regulatory reports.
o Knowledge in banking products including derivatives.
o Knowledge of RegReporter US regulatory reporting software.
o Good presentation and communication skills.
o Proficiency in MS Office, particularly PowerPoint and Excel.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Firm's total discretion.
This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Firm's employee handbook, the Firm reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.
Regulatory and Financial Reporting Specialist
Corporate Title:
AVP
Overtime Eligible (Y/N)
N
Department:
Regulatory and Financial Reporting
Reports To: (Position)
Head of Regulatory and Financial Reporting
Management Responsibilities: (Y/N)
N
Position Summary:
The US Branch of a prominent European bank is seeking a motivated and detail oriented Regulatory Reporting specialist to join the Financial & Regulatory Reporting Group. The role involves the timely and accurate preparation and filing of regulatory reports in accordance with US and Cayman Islands banking regulations. The role requires frequent interaction with Accounting, Operations and IT to ensure data integrity.
Essential Duties and Responsibilities:
o Prepare and file regulatory reports with various regulators, including:
o Daily report to Federal Reserve: FR2420;
o Weekly reports to Federal Reserve: FR 2900 and FR 2644;
o Monthly and quarterly International Capital (TIC) Reports - BC, BL, BQ Series;
o Monthly Pledged Asset reports with the Department of Financial Services: Asset Maintenance Report;
o Quarterly reports with Department of Commerce: BE Series.
o Prepare the Call report (FFIEC 002, 002s, 019), and present analytical insights to Finance Management.
o Prepare the Quarterly reports filed with the Cayman Monetary Authority - QPR and LBS, and present analytical insights to Finance Management.
o Responsible for the maintenance of regulatory report data using RegReporter software to ensure integrity and completeness.
o Perform system user testing and document results impacting the regulatory software and/or data inputs to the regulatory reports.
o Maintain procedural documentation current.
o Miscellaneous responsibilities as required.
Experience /Qualifications/Education:
o 3-5 years regulatory reporting experience in banking or financial institutions.
o Accounting or Finance degree preferred.
o Strong knowledge of US GAAP and its applicability to regulatory reports.
o Knowledge in banking products including derivatives.
o Knowledge of RegReporter US regulatory reporting software.
o Good presentation and communication skills.
o Proficiency in MS Office, particularly PowerPoint and Excel.
Disclaimer:
The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Firm's total discretion.
This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Firm's employee handbook, the Firm reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.