U.S. GAAP accountant that is able to handle the timely and accurate submission of all U.S. regulatory reports required of a FBO.
Key Responsibilities:
Technical:
- Detailed review of all quarterly Call Reports before submission to the branches and regulatory agencies, ie the FFIEC 002 report.
- Preparation of the following reports, FR2900, FR2420, FR2644, all TIC reports, 019 Country risk reporting.
- Ability to prepare U.S. GAAP adjusting entries to the various regulatory reports as needed.
- Review all regulatory reports prior to submission to the regulatory agencies with management.
- Respond to inquiries from local regulators regarding information reported.
- Respond to the Branches and agencies request for information or supporting documentation with regards to their report filings and examinations.
- Review and assess the impact of new and revised reporting requirements as they occur.
- Perform periodic compliance and industry best practices review on all regulatory reports.
- Liaise with various regulatory reporting industry groups to establish a Credit Agricole presence within the community.
- Knowledge of AXIOM (updating with new reporting requirements and mappings)
Responsibilities:
- Monitor all Legal Ratios and define legal lending limits for both Reg K and W.
- Prepare regulatory reports FRY 7 N, and FR Y 7NS reports.
- Act as liaison between Paris and the Federal Reserve Bank on the FRY 7 Q filing
- Maintain established contacts with regulators to clarify reporting issues and monitor future changes.
- Coordinate with internal audit and or Compliance, the examinations of reports by Federal and State regulators.
- Prepare responses to comments made by Federal, State and internal auditors.
- Provide regulatory guidance to other Credit Agricole Branches as required.
- Participate in the development of new products to determine the regulatory impact.
- Provide input to other departments in the bank on the reporting impact of proposed or existing transactions.
- Prepare written memorandum on topics of concern related to regulatory reporting for Credit Agricole management.
- Define and prioritize the technology related needs of the regulatory reporting department.
- Establish reporting procedures and compliance with revised and/or newly required regulatory reports.
Qualifications/Education Required:
Bachelors in Accounting
Masters preferred
Experience Required:
Minimum 10 years experience
Competencies Required:
Knowledge of AXIOM preferred
Skills & Knowledge Requirements:
Knowledge of US Regulatory Reporting
CPA preferred