Assistant Controller

Itaú USA; Fort Lauderdale (FL); On-site; USD 110,000 - 160,000; Full time

Job summary

Itaú USA sits within the Controllership and Regulatory Reporting team of the U.S. Finance group and maintains the integrity and accuracy of accounting information for the US bank.

The role applies US GAAP, prepares regulatory reports, and supports internal controls, audits, and cross-entity accounting activities. Key responsibilities include month-end close, journal entries, and reconciliations, as well as assisting with Basel III capital reporting and CECL modeling.

Qualifications

• Bachelor's degree in Accounting or equivalent.
• 6 to 9 years of financial accounting experience in a U.S. Commercial Bank with direct exposure to OCC, FDIC and/or Federal Reserve examinations.
• Strong knowledge of U.S. GAAP and banking industry products.
• Hands-on experience preparing and reviewing U.S. bank regulatory filings, including the Call Report and FR Y-9 series.
• Strong analytical and problem-solving with the ability to manage multiple priorities and deadlines.
• Fluency in Portuguese or Spanish is a plus.
• CPA or MBA is a plus.

Responsibilities

• Support the accounting and controllership function, including the recording of assets and liabilities, revenue and expense recognition and intercompany transactions under US GAAP.
• Prepare and support with the submission of regulatory filings, including bank regulatory reports (e.g., Call Report / FFIEC 041 or 051, FR Y-9C / Y-9LP / Y-9SP) and support for OCC and FDIC examinations, information requests, and correspondence.
• Support Basel III capital reporting (CET1, Tier 1, Total Capital, leverage ratio), RWA methodology and documentation (with focus on Lombard loans, Mortgage and collateralized exposures), and the CECL (ASC 326) framework and allowance modeling.
• Manage the month-end and year-end close processes, including preparation of journal entries and account reconciliations, ensuring compliance with US GAAP.
• Participate in external financial statement audits, regulatory examinations, and internal audits. Assist in the development and maintenance of internal controls, accounting policies, and procedures to ensure compliance with applicable laws, regulations, and industry best practices, including Regulation W and affiliate transaction requirements.
• Support accounting and regulatory activities across other Itaú U.S. entities (e.g., NY, Lisbon, Zurich, Luxembourg, and the Caribbean)
• Supervise and lead a team of associate and analyst accountants
• Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau’s related policies and procedures.

Skills

Analytical skills

Problem-solving

Education

Bachelor's degree in Accounting

CPA

MBA

Job description

This role sits within the Controllership and Regulatory Reporting team of the U.S. Finance team and is responsible for maintaining the integrity, accuracy, and consistency of accounting information for a US Bank. This includes applying US GAAP and procedures to analyze financial data, prepare accurate and timely financial and regulatory reports, and ensure the effectiveness of internal accounting control processes. Additional responsibilities include financial profitability analysis and the execution of special projects, as assigned.

About Us

Itaú Unibanco is the largest bank in Brazil and Latin America, present in 18 countries, with over 100 years of history.

Itaú U.S. serves high-net-worth individuals, institutional investors, and corporate clients through a comprehensive suite of banking, wealth management, asset management, and broker-dealer services. Based in Miami, with a presence in New York and the Caribbean, the team supports clients navigating complex financial needs across borders.

Duties & Responsibilities

• Support the accounting and controllership function, including the recording of assets and liabilities, revenue and expense recognition and intercompany transactions under US GAAP.
• Prepare and support with the submission of regulatory filings, including bank regulatory reports (e.g., Call Report / FFIEC 041 or 051, FR Y-9C / Y-9LP / Y-9SP) and support for OCC and FDIC examinations, information requests, and correspondence
• Support Basel III capital reporting (CET1, Tier 1, Total Capital, leverage ratio), RWA methodology and documentation (with focus on Lombard loans, Mortgage and collateralized exposures), and the CECL (ASC 326) framework and allowance modeling.
• Manage the month-end and year-end close processes, including preparation of journal entries and account reconciliations, ensuring compliance with US GAAP
• Participate in external financial statement audits, regulatory examinations, and internal audits. Assist in the development and maintenance of internal controls, accounting policies, and procedures to ensure compliance with applicable laws, regulations, and industry best practices, including Regulation W and affiliate transaction requirements.
• Support accounting and regulatory activities across other Itaú U.S. entities (e.g., NY, Lisbon, Zurich, Luxembourg, and the Caribbean)
• Supervise and lead a team of associate and analyst accountants
• Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau’s related policies and procedures

Qualifications

• Bachelor's degree in Accounting or equivalent
• 6 to 9 years of financial accounting experience in a U.S. Commercial Bank with direct exposure to OCC, FDIC and/or Federal Reserve examinations
• Strong knowledge of U.S. GAAP and banking industry products.
• Hands-on experience preparing and reviewing U.S. bank regulatory filings, including the Call Report and FR Y-9 series
• Strong analytical and problem-solving with the ability to manage multiple priorities and deadlines
• Fluency in Portuguese or Spanish is a plus
• CPA or MBA is a plus

Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau’s related policies and procedures.