VP, Assistant Director of Regulatory Reporting

Responsibilities

• Lead the preparation and Review of Regulatory Reports - FFIEC 041 (Call Report, FR Y-9C, FR Y-9LP, FR Y-6, FR Y-8, FR 2900, FR 2420, and Summary of Deposits
• Lead in-depth analysis of variances focusing on various products such as loans, securities, deposits and derivatives, incorporating the understanding of regulatory reporting along with financial analysis in order tomunicate results to Senior Management and US Regulatory Agencies
• Keep abreast of industry, regulatory, and accounting developments. Apply solid knowledge of Finance / accounting concepts and principles to ensure accurate Regulatory Reporting filings.

Review new regulatory reporting requirements and US GAAP accounting pronouncements, to determine the impact on the Regulatory Report filings.

Continually monitor developments in the Federal Reserve Reporting Arena and assist the Finance functions in implementing and meeting the reporting requirements

Work and partner with multiple areas across Customers Bank, including Controllers, SEC Reporting, Treasury, Risk, Accounting Policy, Financial Planning and Analysis, Mergers & Acquisitions, Legal, and Investor Relations to maintain a high level of quality and accuracy of the report filings.

Establish strong working relationships with key contacts.

• Drives reengineering, process efficiencies and continuous process improvement efforts to strengthen controls. Participate in data quality improvement projects to strengthen controls and improve report accuracy.
• Participate / lead in regulatory exams, internal audits and address external analysts' questions while maintaining an effective and professional relationships with regulators, internal and external auditors.
• Other responsibilities include conducting thorough research and analysis of regulatory reporting, and other regulatory matters, as warranted, and presenting results in a well-conceived and clear fashion.
• Responsible for Managing, training, mentoring, and evaluating assigned staff.

What do you need?

Minimum 7-10+ years of financial analysis / reporting experience, preferably US Regulatory Reporting experience ( FR Y-9C, FFIEC 041) related to various products such as loans, securities, deposits and derivatives.

Strong familiarity with GAAP / SEC financial reporting.

• Bachelor's degree in Accounting / Finance.
• CPA / MBA designation is preferred
• Ability to innovate and champion progress for efficiency and productivity.
• Sense of urgency in implementing processes and evaluating priorities; decisive, action-oriented and practical.
• Highly motivated and goal-oriented with ability to lead in a professional and challenging environment and deliver results against fast-paced deliverable deadlines
• Flexibility to work under pressure to meet changing work requirements and strict deadlines.
• Outstanding presentation,munication, interpersonal and coaching skills.
• Ability to align teams and resources to fit the overall strategy.

Education :

• Bachelor's degree / University degree or equivalent experience
• Master's degree preferred

Technology Skills :

• Experience with systems implementation and automation a plus, inclusive of Workday (and Prism), Alteryx, or other Regulatory Reporting tools such as Nasdaq (legacy AxiomSL ControllerView), Vermeg, Regnology, Wolters Kluwer, or Fed Reporter, Inc.
• Technology savvy, SQL knowledge preferred - Proficiency in Microsoft Office - Excel, Word, PowerPoint

Customers Bank is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

We also provide "reasonable amodations", upon request, to qualified individuals with disabilities, in accordance with the Americans with Disabilities Act and applicable state and local laws.

Diversity Statement :

At Customers Bank, we believe in working smart, working together, and having fun while delivering innovative solutions and memorable experiences for our customers.

We aremitted to the continual advancement of a culture which reflects the value we place on diversity, equity, and inclusion.

We honor the diverse experiences, perspectives, and identities of our team members, and we recognize that it is their passion, creativity, and integrity that drives our success.

Step into your future with us! Let's take on tomorrow. Job ID REQ-2024-408