Regulatory Reporting Governance Analyst

Mindlance; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

A financial services firm based in Charlotte, NC, seeks a Regulatory Reporting Analyst with 5-7 years of risk management experience. Responsibilities include conducting risk assessments, maintaining compliance, and managing governance programs. Candidates should possess a Bachelor's degree in a relevant field, strong analytical skills, and the ability to thrive in a dynamic environment. Ideal candidates will also have knowledge of financial regulatory reports and excellent collaboration skills.

Qualifications

• 5-7 years of risk management experience in financial services.
• Broad understanding of compliance, operational, reputation and strategic risks.
• Ability to thrive in fast-paced environments and adapt quickly.

Responsibilities

• Support implementation and monitoring of governance programs.
• Conduct risk and control assessments regularly.
• Maintain collaboration with regulatory reporting teams and stakeholders.

Skills

Risk management experience

Regulatory knowledge

Analytical abilities

Problem solving

Governance skills

Education

Bachelor's degree in Business, Finance or related field

Job description

Business Initiative/Purpose: (Goal, Business Impact, Accomplishments from the work)

• Responsible for supporting the implementation and monitoring of governance programs related to Client’s regulatory reporting function. Such programs include effectiveness testing, risk monitoring, reporting, training, and remediation activities. Help identify risk exposure within the regulatory reporting framework. Support the training of regulatory reporting production teammates and data providers on governance, controls and risk mitigation. Support continuous improvement efforts and design of strategic governance initiatives. Facilitate engagement and collaboration with second and third lines of defense.

Bachelor Degree: (Required, Preferred or Not Required)

• Required.

Role Responsibilities: (what they will be doing)

• Execute first line of defense activities related to regulatory reporting compliance with operational risk guidelines. This includes proactively identifying changes in personnel, products, processes, policies, operating systems, accounting practices, organizational changes, regulatory requirements and business environment which may impact controls within the regulatory reporting framework.
• Drive communication between all affected parties to develop and implement appropriate controls for new processes, transactions, and products within the regulatory reporting framework.
• Conduct risk and control assessments on a regular basis to ensure the regulatory reporting function meets corporate standards that specifically relate to internal operating controls. Assist in updating controls, policies, procedures, and risk/control documentation.
• Participate in the planning and execution of walk through and testing for specific risk programs.
• Foster relationships between peers, management, the regulatory reporting production team, and applicable business partners to ensure that common goals are met and that there is active collaboration between team members.
• Assist the Regulatory Reporting Governance Managers and Directors in providing leadership and meaningful input to ensure risk data is captured, risk mitigation strategies and controls are developed, and appropriate reporting mechanisms are in place.
• Serve as a mentor/coach to new and existing junior Analysts, as well as lead other teammates in project execution.
• Perform reviews and change assessments related to business process, regulatory and organizational changes, as well as issue management and remediation.
• Ensure consistency in the documentation maintained by Regulatory Reporting Governance teammates in accordance with business or second line procedures.
• Support Regulatory Reporting Governance Managers and Directors in executing key governance pillars, including but not limited to: Issues Management, Conformance Reviews, Training, Governance Committee Oversight, Policy and Procedure Management, Internal Controls, Exam Management, Change Management, and Data Governance.

Must Have Skills/Prior Experiences: (Vendor should not submit any candidate that does not have these skills/prior experience.)

• Bachelor’s degree in Business, Finance or science/academic field, or equivalent education and related training or experience.
• Five to seven years of risk management experience in financial services or related field.
• Broad risk and regulatory knowledge with an emphasis on: Compliance, Operational, Reputation and Strategic Risks.
• Ability to think critically and strategically, multi-task, and drive change.
• Strong quantitative, governance, problem solving and analytic abilities.
• The ideal candidate will have ability to work in a fast-paced environment with strong capacity to quickly learn and adapt.

Plus/Nice to Have Skills/Prior Experiences: (Hiring Manager DOES NOT require these skills/ prior experience. However candidates with any of these will be looked at first.)

• Relevant Professional Certification - e.g. CPA, CISA.
• Control testing experience in a public accounting firm.
• Financial services or specialized industry experience.
• Knowledge of regulatory reports produced within the Financial Services industry.

EEO

“Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”