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Regulatory Banking, Consultant

Recruiter
Cognizant Technology Solutions
Location
Fremont
Salary
Competitive
Closing date
27 May 2022

View more

Employer Sector
Banking & Finance - Retail
Contract Type
Permanent
Hours
Full Time
Travel
None
Job Type
Regulation, Compliance & Regulation
The Role

Job Summary:

Will participate in researching impact of new products, regulatory pronouncements and other changes on the report production. This position will also be required to research and monitor financial data to ensure data integrity and other changes on the report production.

Responsibilities

* Preparation of assigned financial regulatory reports, including but not limited to, FFIEC 002 Call Report, FR2644, Weekly and monthly Capital Equivalency Deposits for OCC, BE-185, TIC-D etc. Conduct investigations of errors and variance analysis independently. Recommend procedural changes to address problems and to ensure accuracy, completeness and timeliness of reporting.
* Assist with the research and analysis of regulatory pronouncements, reporting requirements and other accounting documents. Supports continuous enhancement of our internal controls over regulatory reporting including robust analytical procedures and detective controls.
* Respond to internal/external inquiries regarding financial data reported or filed. Assist with the Finance Transformation Project and other Bank wide initiatives. Perform other projects or duties as assigned.

Qualifications

* Comprehensive and current understanding of banking regulatory reporting rules and regulations, banking products & financial statements
* Demonstrate a high degree of accuracy in data analysis
* Excellent analytical and problem solving skills and details oriented
* Strong interpersonal skills, excellent written and verbal communication skills.
* Excellent time management and multi-tasking skills and the ability to work under time pressure
* Comfortable working collaboratively across multiple cross-discipline teams on problem resolution as well as identifying best practices and process efficiencies.
* Accounting or finance degree is required with 5+ years of related experience in the financial services industry
* Proficient in Microsoft suite of products (Word, Excel, and PowerPoint)
* Experience with regulatory reporting software, e.g. Axiom or Lombard REG-Reporter is a plus

Work Authorization

* Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)

Salary and Other Compensation:

This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.

Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

* Medical/Dental/Vision/Life Insurance
* Paid holidays plus Paid Time Off
* 401(k) plan and contributions
* Long-term/Short-term Disability
* Paid Parental Leave
* Employee Stock Purchase Plan

Employee Status : Full Time Employee

Shift : Day Job

Travel : No

Job Posting : May

About Cognizant

Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 185 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at or follow

Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.

Cognizant is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.

If you have a disability that requires a reasonable accommodation to search for a job opening or submit an application, please email with your request and contact information.

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