Union Bank, N.A.

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Liquidity Regulatory Reporting Analyst, Associate/AVP

at Union Bank, N.A.

Posted: 10/18/2017
Job Reference #: 10016857-WD
Keywords:

Job Description

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world with total assets of over $2.4 trillion (as ranked by SNL Financial, April 2016) and 140,000 colleagues in nearly 50 countries. In the U.S., we're 13,000 strong, working together to positively impact every customer, organization, and community we serve. We achieve this by delivering on our values, putting people first, fostering long-term relationships built on honesty and mutual understanding, and inspiring the best in each other. This is all part of our inclusive, high-performing culture supported by Total Rewards that include our cash balance pension plan. Join a team that's working to fulfill its vision to be the world's most trusted financial group.
 
Job Summary:
 
The Liquidity Regulatory Reporting Analyst is responsible for contributing to the FR 2052a financial reporting process, which includes the timely and accurate preparation and filing of financial regulatory reports in compliance with legal and regulatory requirements.

The FR 2052a report collects granular data that will enable the Federal Reserve to assess the liquidity profile of reporting firms. FR 2052a data is utilized to monitor compliance with the Liquidity Coverage Ratio (LCR) Rule.

The Liquidity Regulatory Reporting Analyst is responsible for executing financial reporting requirements for the 2052a and ensuring that the report is completed with the requisite processes and controls. This individual will work as part of a team of analysts in the coordination, consolidation and filing of the report.
 
In addition he or she will:
 
  • Partner closely with other business areas in the completion of this report including, Treasury, Risk, Controllers, Technology, and Business line management across multiple entities as part the reporting process.
  • Support the Liquidity Regulatory Reporting Director in the Director's relationships with the appropriate regulators as well as lead agency exams and interactions as they relate to the 2052a filings.  Provide analytical support as it relates to the data collection and submissions.
  • Work closely with our business and technology partners to build and improve existing processes.  Participate in the project team that will substantially enhance the end to end reporting process over the next year.
  • Provide supporting materials for the team's regular updates to senior leadership and work cross-functionally on a high-profile regulatory disclosure.


Qualifications

  • Finance or accounting degree with 3-5 years related experience, including a minimum of 2 years in the financial services industry. Public accounting (Big 4) or consulting experience is a plus.
  • Experience developing Liquidity reporting infrastructure or managing Liquidity and/or Advanced Approach Basel III calculation/reporting function for a major financial services company.  Prior experience with other complex disclosures such as the 14 M/Q/A is also desirable.
  • Must have an interest in and basic knowledge of the Liquidity framework and Basel III Liquidity related rules. You will also have a solid understanding of regulatory changes and developments as they relate to the FR 2052a.
  • Have comprehensive knowledge of other Bank Regulatory Reports, Financial Statements and understand the overlap in requirements between reports to ensure accuracy and consistency
  • A solid knowledge of core banking products and their related cash flow behavior;  as well as instrument level data collection and analysis processes
  • Strong knowledge of accounting and balance sheet composition
  • Strong technical understanding of data analysis and management; experience with managing and analyzing large quantities of data from multiple sources.
  • Excellent communication skills (both written and verbal)
     
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
 
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.