Job Description

Summary

Manage a staff of two regulatory reporting professionals to ensure the timely and accurate submission of the FR2052a U.S. regulatory liquidity report.

Key Responsibilities

Administrative:

• Prepare and distribute Regulatory Reporting calendar listing all departmental activities for the month.
• Distribute workload to ensure the timely and accurate completion of the required report and analyses.
• Ensure adequate back-up for all critical functions.
• Ensure all records and work papers are maintained in accordance with record retention requirements.
• Responsible for administrative and personnel functions relating to the regulatory staff. Included in this are staff evaluations, development and continued regulatory reporting training.

Technical:

• Detailed review of the FR2052a report before submission to the FED.
• Proficiency in technical aspects of regulatory reporting tool (i.e. Axiom), including data sourcing, and ability to change configurations, layouts and mapping.
• Top Level reconciliation to other regulatory reports prior to submission to the regulatory agency.
• Respond to inquiries from local regulators regarding information reported.
• Respond to the Branches and agencies request for information or supporting documentation concerning their report filings and examinations.
• Review and assess the impact of new and revised reporting requirements as they occur.
• Perform periodic compliance and industry best practices review on the regulatory report.
• Liaise with various regulatory reporting industry groups to establish a Credit Agricole presence within the community.

Responsibilities:

• In depth knowledge of the FR2052a report and reconciliation of results with ALM reports.
• Knowledge of other regulatory reports such as FRY 15 and the FFIEC 002 for reconciliation purposes.
• Preparation of detailed analysis for presentation to CACIB’s management.
• Maintain established contacts with regulators to clarify reporting issues and monitor future changes.
• Coordinate with internal audit, the examinations of reports by Federal and State regulators.
• Prepare responses to comments made by Federal, State and internal auditors.
• Provide regulatory guidance to other Credit Agricole Branches as required.
• Participate in the development of new products to determine the regulatory impact.
• Provide input to other departments in the bank on the reporting impact of proposed or existing transactions.
• Prepare written memorandum on topics of concern related to regulatory reporting for CACIB’s management.
• Define and prioritize the technology related needs of the regulatory reporting department.
• Establish / maintain reporting procedures and compliance with revised and/or newly required regulatory reports.

Qualifications

Education Required

• Bachelors in Accounting

Education Desired

• Master's

Experience Required

• Minimum 10-15 years of experience

Competencies Desired

• Knowledge of AXIOM

Skills & Knowledge Requirements

• Knowledge of US Regulatory Reporting

Skills & Knowledge Desirables

• CPA

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