North America Regulatory Reporting, Vice President Who we are looking for
An experienced leader responsible for managing a team of reporting specialists to ensure State Street\'s regulatory disclosures are filed in a complete, timely and accurate manner. The candidate should be detail oriented and analytic with a robust understanding of US Regulatory framework.
The candidate will bring strong communication, analytical and technical skills to the role to ensure accuracy, timeliness, and completeness of the regulatory reports to management and to regulators. The individual will work closely with a geographically diverse team to build relationships, drive cross-functional projects and ensure compliance with various oversight groups. Additionally, the candidate will liaise closely with a number of US based regulators on a regular basis and represent State Street in meetings with the regulators.
Why this role is important to us
The Regulatory Reporting team plays an important role in the overall success of State Street. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges, and drive performance and profitability. In this role you will execute on disclosure regulations across various products and will be responsible for implementing new disclosure regulations, driving reporting data strategy, designing key controls and associated risk framework. You will help us build resilience and execute day to day deliverables at our best.
What are the key responsibilities of this role
Lead the preparation, review, and submission of regulatory reports to US based regulators. Managing the end-to-end report production processes including the collation of data, performing trend analysis and reconciliation.
Actively participate in internal and external audit and assurance reviews. Effectively manage the resolution of identified issues. Develop and execute the associated remediation plans
Partner with various internal stakeholders (IT, Global Accounting, Controllers) on change management activities and process improvement initiatives to ensure that the changes are implemented in a timely manner and regulatory framework enhanced as applicable
Oversee the design and implementation of end-to-end reporting processes, ensuring that each process is suitably designed and operationally feasible
Participate in periodic review meetings with State Street management and various US based regulators such as FRB, OCC, FDIC and State review teams.
Independently lead discussions with regulators, conduct applicable data / system analysis and respond to regulator enquiries in a timely manner
Assess and analyze proposed changes to regulations and determine its impact on regulatory filings.
What we value
Demonstrated experience in leading an end-to-end regulatory reporting lifecycle, working across technology, data, reporting and controls within a financial services environment
Ability to thrive in a fast-paced, deadline-driven environment by demonstrating excellent time management and planning skills
Prior experience in US regulatory reporting at a global investment bank and knowledge of accounting principles and US GAAP
A relationship builder with the ability to establish, develop and maintain effective working relationships with business and functional partners at the firm
Experience managing global initiatives including timelines, stakeholder management, interdependencies resource allocation and senior management communication
Strong analytical mindset with the ability to take ownership, solve problems and improve on existing reporting processes
Good verbal and written communication skills with the ability to provide clarity on complex topics
Ability to manage multiple concurrent responsibilities and deadlines
Education & Preferred Qualifications
Bachelors\' degree in accounting or finance, with US GAAP familiarity required
CA, CPA, MBA, or Master\'s degree in accounting or finance a plus
Background in public accounting or bank reporting
14-18 years of relevant experience in a Bank or Financial Institution is a must
Highly proficient in Microsoft Office products and able to learn other systems quickly; Business Intelligence tools and Essbase familiarity a plus
About State Street What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we\'re making our mark on the financial services industry. For more than two centuries, we\'ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You\'ll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees\' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer.
Job ID R-744341
ABOUT COMPANY State Street Corporation London, United Kingdom 39000 Employees Investment Banking / M & A
State Street Corporation (NYSE: STT) is one of the world\'s leading providers of financial services to institutional investors, including investment se...
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