Analyst, Regulatory Strategy & Reporting
RBC Capital
Job Summary
Job Description
What is the opportunity?
The Finance Department’s Regulatory Reporting Team is seeking an Analyst to assist in the production and automation of Federal Reserve Bank and Office of the Comptroller of the Currency regulatory reports.
The job’s main responsibility is to assist in the production of regulatory reports by ensuring complete, accurate, consistent and timely submission of these reports to the FRB & the OCC. The position will offer the ideal candidate an opportunity to gain knowledge of regulatory governance & control frameworks, develop an understanding of financial services products, and gain experience in the automation of regulatory production workflows. The individual will report directly to the Associate Director, Regulatory Strategy & Reporting and assist in the execution of high-quality output to the U.S. based team for regulatory filings.
What will you do?
- Assist in the evaluation and automation of existing production process and control framework for FRB/OCC regulatory reports
- Assist in regulatory report preparation process, ensuring accuracy and timely submission
- Partner with Regulatory Strategy & Reporting lead to identify opportunities for automation in regulatory reporting processes
- Assist in the implementation and execution of controls to ensure data integrity and compliance
- Identify, escalate and drive the remediation of data quality issues
- Perform research on changes to regulatory reporting requirements and assist in implementation efforts
What do you need to succeed?
Must Have
- Bachelor’s degree (preferred Accounting or Finance);
- 2+ years of experience in Regulatory or Financial Reporting
- Experience in execution of financial processes
- Understanding of regulatory & financial reporting prevalent in banking/financial institutions
- Strong attention to detail and accuracy
- Good verbal, written, and interpersonal communication skills
- Ability to work effectively in a complex environment with a high degree of collaboration
Nice to Have
- Familiarity with Federal Reserve Bank & Office of the Comptroller of the Currency regulatory reports
- Working knowledge of a USGAAP balance sheet for a financial services company
- Experience in process automation and workflow development initiatives
- Proficiency in Microsoft Excel, SQL, Python, Tableau or other analytics tool; experience with regulatory software is a plus
Job Skills
Audits Compliance, Critical Thinking, Detail-Oriented, Financial Reporting and Analysis, Industry Knowledge, Internal Controls, Knowledge Organization, Regulatory Governance, Regulatory Reporting, Reporting ProcessesAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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