What is the opportunity?
Prepare the FR Y-14M/Q/A regulatory reports for the Federal Reserve Bank of New York ("FRB")
Ensure compliance with the FRB rules and preparing accurate reports improve RBC's reputation
Provide the financial information to internal teams for various model inputs
What will you do?
Preparation, analytical review, and reconciliation of core financial data for the following Federal Reserve reports: FR Y-14M/Q/A
Prepare and submit core financial data to various functions with the Firm for model input
Prepare reconciliation and analysis for data validation across various Federal reserve reports
Review / maintain documentation of procedures and governance for the reports
Monitor and implement on-going changes in regulatory reporting requirements
Act as resource for automation activities, process improvements and assist in development of business requirements
Assist with manual data collection efforts and the development of controls to ensure completeness and accuracy across all federal reserve regulatory reports
Partner closely with the Technology, Finance Risk & Control, Operations, Capital Adequacy and Product Control teams to understand, improve and automate the reporting processes
Prepare ad-hoc analysis substantiating existing reporting as requested by regulatory, audit and management inquiries
Interface with exam teams (both internal and external) and facilitate their understanding of reporting including supporting processes
What do you need to succeed?
Basic Qualifications (Legislative Requirement)
Minimum 5+ years' experience in a financial reporting or financial control role at a large financial institution
Federal Reserve reporting experience is preferred
Degree in Accounting/Finance with strong accounting skills and background
Broad comprehension of Capital Markets and Financial Services Industry functions and products
Experience using Axiom or similar regulatory reporting tools is preferred
Strong Microsoft software Office skills (Excel, Word, PowerPoint)
Broad understanding of CCAR US Federal Reserve Regulatory Reporting Requirements is preferred
Ability to work in a fast-paced team environment
Excellent written and oral communication skills
Independent and critical thinker with desire to drive results
What's in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
Leaders who support your development through coaching and managing opportunities
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We have over 80,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.
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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at rbc.com/careers.
Inclusion and Equal Opportunity Employment
RBC is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors. Disability-related accommodations during the application process are available upon request.
City: Jersey City
Address: 30 Hudson Street
Work Hours/Week: 40
Work Environment: Office
Employment Type: Permanent
Career Level: Experienced Hire/Professional
Pay Type: Salaried
Required Travel (%): 0-25
People Manager: No
Application Deadline: 11/30/2018
Req ID: 174265
Posting Notes: None
Royal Bank Of Canada