Regulatory Reporting VP

Our client is a Japanese multinational banking and financial services institution headquartered in Yurakucho, Chiyoda, Tokyo, Japan. The group operates in retail, corporate, and investment banking segment worldwide. It is ranked among the largest 25 banks globally by assets under management. The American division, with more than 3,000 employees, oversees operations in the US, Canada, Mexico, and South America.

The firm is going through a multi-year Regulatory Reporting Transformation program and this position reports into the Director of Change Management Department. You will work with other teams within the Data and Technology Departments to carry out the data sourcing activities to support regulatory reporting automation within FAD Controllers to ensure that regulatory reports are prepared in accordance with applicable reporting instructions, and data is sourced with required granularity within robust controlled environment, as well as communicating/monitoring Risk and issues to management and other stakeholders. Automation Team s main objective is to provide assurances to the CFO Function that manual reporting process due to internal control deficiencies, misinterpretations and data issues that could impact regulatory reporting are minimized.

Scope

This position is a subject matter expert in the Regulatory Reporting Automation for BHC, Branch, Liquidity or Broker Dealer regulatory reports. This position will provide leadership to the team by setting the direction, defining the accountabilities and assignments, articulating goals and objectives, and monitoring and evaluating work. This position works closely with Director of Regulatory Reporting Change Management Department to ensure proper review of all work under the team s responsibility.

Responsibilities

• Deep knowledge of Regulatory Reporting for US and foreign financial companies (including but not limited to reports such as the FRB reports, knowledge of broker-dealer reporting, liquidity reporting, etc.)
• Experience in banking asset classes such as Loans, funds, collateral, and deposits transactions and utilize the knowledge to drive the data sourcing activities

• Define regulatory reporting data requirements based on the instructions
• Drive the data gap analysis by working with multiple teams including data and source system owners
• Understand the financial product lifecycle & F2B data lineage/data flow to remediate the data gaps using tactical and strategical approach
• Drive Data Management activities with focus on data definitions, data sourcing strategies and data model preferred

• Participate in Testing and Quality Assurance (including test planning, test execution and test management)
• Participate in data quality governance, data controls and data exceptions remediation process
• Develop and maintain strong working relationships with key business/governance/data governance and IT stakeholders to identify additional areas of risk and procuring their help in solving complex issues
• Project management including multi-tasking skills and the ability to work in a fast-paced, deadline-oriented, and dynamic environment
• Ability to influence people outside the immediate span of control, negotiate and resolve conflicts, and work with business users, IT partners and vendors
• Train, supervise and review all staffs work under your responsibility

Qualifications

• 7-10 years of work experience, including system implementation, Data sourcing design, and operational improvement projects.
• 5+ years of regulatory reporting experience at a financial services company or comparable experience working.
• Knowledge of securities, derivatives, and securitization transactions systems such as LIQ, or ACBS is a plus
• Post-graduate / Graduate degree in computer science, engineering, accounting, finance, or a related field
• Excellent communication and senior management relationship management skills
• Strategic thinking, strong analytical & problem-solving skills - excellent attention to detail
• Team player with a strong sense of ownership and accountability

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