VP Quality Assurance Liquidity Regulatory Reporting

Title: VP Quality Assurance Liquidity Regulatory Reporting

Office Status: Hybrid NYC 2x a week in office

Salary: $160,000-$180,000

This top ten global investment bank is looking for a Vice President of Quality Assurance Regulatory Reporting. This position will be responsible for testing and validating multiple regulatory reports to ensure that reports are prepared in accordance with regulatory reporting instructions, guidance, regulators’ expectations.

Core Responsibilities:

• Assist management in the planning, design, and execution of quality assurance program in accordance with the firm’s risk assessment framework for the regulatory reporting of U.S. entities including banking entities, broker-dealer, swap-house, leasing and other subsidiaries;
• Review and monitor the preparation and filling of regulatory reports in accordance with the Quality Assurance Unit procedures;
• Operate independently of the day-to-day regulatory report preparation process and maintain validation and testing processes for the completeness and accuracy of regulatory reports, in accordance with regulatory reporting instructions, guidance, expectations, and industry best practices;
• Monitor, escalate and report issues to management or other relevant stakeholders on a periodic basis;
• Interact with various business areas for potential enhancements to the regulatory reporting process;
• Assist in designing, delivering and maintaining a regulatory reporting training program within the organization and gain buy-in from relevant stakeholders;
• Maintain up-to-date knowledge of financial and regulatory reporting requirements and offer recommendations to enhance controls and processes to ensure accuracy and completeness of regulatory filings;
• Solve other relevant issues that may arise on an ad-hoc basis and participate in other departmental projects as assigned by management.

Qualifications:

• Bachelor's degree;
• CPA or CFA certification preferred;
• 8 or more years of relevant experience at a large and complex financial institution in performing financial and regulatory reporting, regulatory reporting quality assurance or internal audit;
• Advanced knowledge of financial accounting including relevant US GAAP for the financial services industry;
• Experience in project management, including running meetings, tracking issue resolution progress and driving issues to closure;
• Advanced proficiency in performing financial review and analysis using MS Excel and operational knowledge in Power BI and Alteryx;
• Knowledge of U.S. Basel III capital adequacy requirements including calculation methodologies for Risk Weight Assets (RWA) preferred;