Analyst External Reporting Controller

The external reporting function handles the oversight of the financial statements and management reporting ensuring a sound control environment; understands and applies the accounting treatments and ensures compliance with appropriate corporate and regulatory requirements; coordinates the preparation of quarterly regulatory requirements; validates balance sheet items and understands balance sheet usage and reporting.

Job Responsibilities:

• Apply up-to-date product/industry/market knowledge in specialty areas of reporting
• Consolidate review and analyze quarterly financial data for accuracy and completeness; perform quarter-over-quarter variance analytics
• Review and analyze any legal entity structure change based on the event and evaluate its reportability of FR Y-10.
• Maintain and oversee the firms legal entity hierarchy including parent-subsidiary relationships ownership chains and organizational charts.
• Support the establishment restructuring and dissolution of legal entities in coordination with Legal Tax Treasury and Compliance teams.
• Ensure accurate documentation of entity attributes including jurisdiction regulatory status functional purpose and capital structure.
• Coordinate with global teams to ensure legal entity data is consistent across systems of record.
• Assist in regulatory filings related to entity structure (e.g. FR Y-6 FR Y-10 FR Y-12 or equivalent local filings).
• Monitor regulatory changes impacting legal entity structures and recommend necessary adjustments.
• Prepare and submit standalone regulatory reports for individual legal entities as required by local regulators (e.g. FR2314/ FR Y-11 FFIEC-030 etc.)
• Ensure timely accurate and complete reporting in accordance with applicable regulatory frameworks (e.g. FRB Basel III/IV CRR/CRD local GAAP IFRS).
• Perform data validation reconciliation and quality checks to ensure integrity of reported figures.
• Coordinate data collection and quarterly business results with various legal entity Controllers
• Assist in the thorough assessment of the issues and outcomes
• Clearly communicate financial information to the lines of businesses and flag potential issues
• Participate in various aspects for the production review and filing of monthly quarterly semi-annual and annual reports for various regulatory agencies that are used by the regulators for compiling widely-used statistics on the levels of and changes in domestic and international portfolio positions
• Adhere to proof & control procedures to ensure accurate reconciliation between regulatory filings SEC filings and other published financial reports (e.g. Form 10-Q Annual Report/Form 10-K Call Report & FR Y-9C Pillar III etc)
• Adhere to various control procedures and edit checks to ensure the integrity of reported financial results
• Ensure accurate and complete data submission to the Regulators
• Interpret and define regulatory and/or SEC requirements and coordinate internal and external policies
• Establish and manage relationships with the line of business as well as with external regulatory agency constituents through ongoing partnership and dialogue
• Participate in continuous improvement effort around data quality review and external reporting improvement projects

Qualifications:

• 1-3 years in a Finance organization with exposure to accounting financial statements and/or regulatory reporting
• Bachelors degree in Accounting or Finance preferred
• Experience in Product Control Financial Control or knowledge of SEC reporting/Reg reporting a plus
• Strong skills in time management problem solving written and oral communication
• Team player with ability to work effectively across diverse functions locations and businesses
• Excellent Excel and computer skills
• Strong analytical skills
• Extremely strong organizational and time management skills
• Project management experience/skills helpful