Regulatory Reporting Supervisor

How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community?  Provident is a successful and highly regarded multi-billion-dollar bank that continues to grow with branches in New Jersey, Eastern Pennsylvania and New York.  Our longevity is a testament to our commitment to placing our employees, customers, and the communities we serve at the center of all we do.  At Provident Bank, we are committed to enhancing our customer and employees’ experience. 

 

POSITION SUMMARY

This position will manage the tracking, preparation, and completion of all bank regulatory filings.  Additionally, this position will be responsible for the identification, tracking, and remediation of data issues and control enhancements that impact the respective regulatory reports.

 

KEY RESPONSIBILITIES:

 

• Manage the regulatory reporting process for all regulatory reports, including FFIEC 041 (Call Report), FR Y-8, FR Y-9C, FR Y-9LP, FR Y-11, FR Y-6, GUDPA Filings, DOBI, FR 2900, FR 2420, FR 2644. Ensure accuracy of filings by comparing figures to General Ledger & other support. Review explanations of major variances/trends to assess reasonableness. Manage filing process and ensure all reports are filed on a timely basis.
• Provide leadership, expertise, and support in the development and implementation of regulatory reporting initiatives. Keep on top of new regulation and changes to existing regulation that will impact the bank. For new products or changes in reporting requirements, research appropriate mapping in the regulatory reports to the impacted periods.
• Assist in providing responses to inquiries from regulators and management. Responsible for the identification, tracking, and remediation of data issues and control enhancements that impact the respective reports.
• Oversee maintenance of the regulatory reporting system, including updating system for changes in GL mapping, product mapping and changes in regulation. Work with vendor to execute system upgrades and enhancements.
• Review and prepare documentation/support for internal/external audit requests, SOX internal control testing, as well as for examinations from the regulators.
• Assist in the preparation and review of the Company’s SEC reports as needed

 

MINIMUM QUALIFICATIONS:

• 6 or more years prior professional experience in accounting/finance, specializing in Regulatory Reporting for Banks
• Bachelor’s degree in Accounting or Finance
• Experience preparing FR Y-9C, FR Y-9LP, and FFIEC 031 regulatory reports

• Strong understanding of regulatory capital and key banking products including but not limited to loans, derivatives, and trading assets
• Ability to work effectively independently and as part of a team
• Detail-oriented and accurate
• Strong interpersonal and written communication skills
• Understanding of current regulatory reporting rules and regulations

 

PREFERRED QUALIFICATIONS:

Master's Degree is a plus 

 

WORKING CONDITIONS:

Work is performed in a normal office environment. Noise levels are usually moderate.