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Jobs · Finance · Florida

Financial and Regulatory Reporting (IFRS and US) Consultant

Santander US · Miami, FL · 1 wk ago
Finance$71k/yrFull-time

About the Role

The Financial Reporting Specialist (FRS) is responsible for filing International and US Regulatory reporting for BSI. This role ensures the integrity, consistency and adequacy of data being reported and its timely submission in accordance with reporting requirements stipulated by applicable regulatory bodies, Head Office (BSSA) and the IHC. The FRS ensures proper internal controls exist over report data and mapping, maintains current desktop procedures and variance/trend analysis for specified reports, and prepares risk weighted assets and regulatory capital calculations on a monthly basis. The position coordinates automation projects within the Finance department, including maintenance of new accounts and sectors on T24 and coordination with Hexaware, Regnology, IT and other vendors to design new applications.

Key Responsibilities

  • Prepare timely and accurate Head Office (BSSA) and European Central Bank (ECB) reports including but not limited to IFRS end of month closing, satellites, RIG and Cartera de Negociacion
  • Prepare BSI regulatory reports including but not limited to TICs, FR2900, FFIEC 009 & 009A, FRY 15, FRY9C, FR2886B and FFIEC 031, as well as input for IHC regulatory reports
  • Prepare Risk Weighted Assets (US and ECB) and regulatory Capital calculations on a monthly basis for distribution to BSI, Head Office (BSSA) and IHC management
  • Prepare assigned quarterly SEC Reports
  • Participate in automation and upgrade of reporting systems, including migration and mapping for US and IFRS reporting, Hexaware and Regnology applications, and IT projects for BSI and IHC applications
  • Meet revised reporting requirements and enhance Excel supporting documentation for US and IFRS reporting
  • Maintain current knowledge of regulatory reporting applications (including Reg. Reporter), general ledger, offered products and related activities
  • Maintain technical competence in US GAAP, IFRS and regulatory regulations impacting reporting requirements
  • Document all policies, procedures and controls encompassing the regulatory reporting function, including desktop procedures, EUA processes and document library descriptions
  • Participate in bank examinations and internal/external audits to achieve satisfactory ratings
  • Complete daily data extractions and validation processes
  • Partner and interact with internal departments (IT, Legal, Compliance, FP&C, Financial Control, International Reporting, Financial Reporting, Business Operations) and external constituencies (regulators, external auditors, consultants)
  • Comply with Corporate policies, culture and training expectations
  • Perform other duties as assigned

Requirements

  • Bachelor's Degree in related field or equivalent demonstrated through combination of work experience, training, military service, or education (required)
  • 5+ years in Accounting, Finance, Business Administration or similar field within the Banking or Financial Services Industry (required)
  • Advanced knowledge of accounting practices and procedures, including US GAAP/IFRS and regulatory reporting standards
  • Strong regulatory and financial reporting knowledge of banking/financial institutions
  • Experience working with Regulatory Reporting Vendor Solutions
  • Excellent knowledge of Microsoft Office Suite, Oracle, Database, Access, and PowerPoint applications
  • Advanced Excel skills
  • Fluent in Spanish and English (required)

Qualifications

  • Master's Degree in related field or equivalent demonstrated through combination of work experience, training, military service, or education (preferred)
  • CPA (Certified Public Accountant) (preferred)
  • Established work history or equivalent demonstrated through combination of work experience, training, military service, or education
  • Must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship

Pay

Minimum base pay range: $71,250.00 USD. Maximum: $122,500.00 USD. Exact compensation may vary based on skills, experience, training, licensure, certifications and location.

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