Regulatory Reporting QA Vice President

SMBC; Charlotte (NC); On-site; USD 120,000 - 160,000; Full time

Job summary

SMBC is seeking a Regulatory Reporting Quality Assurance VP in Charlotte, NC. This role requires significant expertise in regulatory reporting, with responsibilities including leading testing activities, oversight of assessment planning, and stakeholder engagement. The ideal candidate should have a Bachelor’s degree with 7+ years of experience in regulatory reporting and internal control assessment. The position involves mentoring Associates and contributing to continuous improvement initiatives. Strong analytical and communication skills are essential for success in this fast-paced environment.

Qualifications

• 7+ years of experience in regulatory reporting, audit or internal control assessment with leadership in testing.
• Extensive knowledge of U.S. regulatory reports and banking products.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Lead complex testing workstreams, including risk identification and evaluation of internal controls.
• Collaborate on assessment scope, risk prioritization, and sampling strategies.
• Ensure documentation meets standards and supports assessment conclusions.
• Oversee follow-up testing for remediation validation and recommend improvements.
• Communicate findings to senior stakeholders, influencing remediation strategies.
• Coach Associates on testing techniques and regulatory concepts.
• Contribute to methodology development and best practices.

Skills

Regulatory reporting expertise

Analytical skills

Problem-solving

Communication skills

Leadership

Data governance

Education

Bachelor’s degree in Accounting, Finance, Business Analytics, or related field

Advanced degree or professional certification (CPA, CIA, CFA)

Job description

Role Description

Regulatory Reporting Quality Assurance (RRQA), within SMBC’s Finance Control Oversight (FCO) function, conducts independent risk‑based assessments of U.S. regulatory reporting processes to evaluate reporting accuracy, completeness, conformance with regulatory requirements, and effectiveness of related controls.

The RRQA VP applies significant regulatory reporting expertise in a senior assessment role, responsible for leading complex testing activities and training Associates. The VP works under the supervision of the Director (assessment owner) and plays a critical role in the execution of RRQA assessments—covering internal control effectiveness, reporting logic conformance, and accuracy of underlying transaction‑level data.

The RRQA VP will lead key segments of quarterly assessments, manage planning and scoping for high‑risk areas, and oversee execution of testing procedures.

The role is also responsible for continuous risk monitoring, issue validation, and contributing to methodology enhancements.

The position requires advanced knowledge of U.S. regulatory reports and financial products, leadership in testing execution, and the ability to influence stakeholders across Finance, Risk, and Operations.

The VP is expected to demonstrate strong analytical, critical thinking, and communication skills, regulatory reporting expertise, and leadership capabilities.

Role Objectives: Delivery

• Lead Testing Execution : Own complex testing workstreams, including risk identification, sampling, and evaluation of internal control effectiveness and transaction‑level data accuracy.

• Assessment Planning : Collaborate with RRQA Directors to define scope, risk prioritization, and sampling strategies for assessments.

• Workpaper Quality : Ensure documentation meets FCO Standards, including clear articulation of procedures, assumptions, conclusions, and root cause analysis to support assessment conclusions.

• Issue Validation : Oversee follow‑up testing for remediation validation and provide recommendations for sustainable control improvements.

• Stakeholder Engagement : Communicate findings and recommendations to senior stakeholders, influencing remediation strategies and control enhancements.

• Mentorship : Coach Associates on testing techniques, documentation standards, and regulatory reporting concepts.

• Continuous Improvement : Contribute to RRQA methodology development, automation initiatives, and best practices for testing efficiency.

Qualifications and Skills

• Bachelor’s degree in Accounting, Finance, Business Analytics, or related field; advanced degree or professional certification (CPA, CIA, CFA) preferred.

• 7+ years of experience in regulatory reporting, audit or internal control assessment, with demonstrated leadership in complex testing engagements.

• Extensive knowledge of U.S. regulatory reports (e.g., FR Y-9C, FR 2052a) and related instructions, and banking products (loans, deposits, derivatives, securities).

• Strong analytical, problem‑solving, and communication skills, with ability to present to senior management.

• Familiarity with data governance, data quality concepts, and regulatory requirements.

• Ability to manage multiple priorities and lead teams in a fast‑paced environment.

EOE, including Disability/veterans