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Synovus · 21 hours ago

Sr Director Regulatory Reporting-(Any location within footprint)

Atlanta, GA

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Synovus is a financial institution seeking a Sr Director of Regulatory Reporting who will oversee the regulatory reporting process and ensure compliance with US regulatory requirements. This role involves leading a team, collaborating with various departments, and serving as a liaison with regulators and internal stakeholders.

BankingFinanceFinancial Services

Responsibilities

Regulatory reporting oversight: Oversees the end-to-end regulatory reporting process, including preparing and reviewing filings such as the FR Y-9C, FR Y-9LP, Call Report, FR Y-15, FR Y-14M/Q series, FR 2052a, FR 2420, FR 2644, FR 2900, etc

Guidance and policy interpretation: Acts as a subject matter expert on complex regulatory reporting rules, interpreting new and evolving regulatory requirements and assessing their impact on the bank. Monitors regulatory developments and proactively address potential compliance gaps. Maintains and updates policies, procedures, and controls related to regulatory reporting

Strategy and remediation: Leads strategic initiatives related to regulatory reporting and remediation efforts, such as those resulting from consent orders or regulatory findings

Business Partnership collaboration: Works closely with various internal departments, including Risk, Treasury, Technology, LOBs and internal audit, to gather data, communicate requirements, and ensure data integrity

External engagement: Acts as a key liaison with external auditors and regulatory agencies, providing support during examinations and addressing inquiries

Process improvement: Drives continuous improvement and automation efforts to enhance reporting efficiency, strengthen internal controls, and ensure strong data governance. Ensures robust controls are in place to mitigate reporting risks and support internal/external audits

Management reporting: Provides in-depth financial analysis to senior management and the board of directors, communicating trends, fluctuations, and strategic recommendations

Manages the annual performance management and merit processes for direct and indirect reports. Coaches and develops team members and builds a work environment where team members are engaged and feel a positive sense of achievement about their role in the company. Works closely with Human Resources regarding employee relations, compensation, training, posting and filling vacant positions and other Human Resources related matters

Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion

Performs other related duties as required

Qualification

Regulatory reporting experienceBanking regulations knowledgeLeadership skillsFinancial analysisAxiomSL / NasdaqData management toolsAnalytical skillsCPACIACISAPublic accounting experienceMasters degreeLarge Financial Institution ExperienceCommunication skillsOrganizational skillsTeam managementProject managementMotivational skills

Required

Bachelor's degree in Finance, Accounting, a related discipline or an equivalent combination of education and experience

At least 10+ years of regulatory reporting experience, with 5+ years in a leadership role

Strong analytical and technical skills

Skill communicating with executive management to understand requirements and set priorities

Excellent organizational and team management skills

Skill leading, motivating and directing a team toward common goals while meeting all deadlines

Skill managing multiple projects concurrently

In-depth knowledge of banking regulations and regulatory reports of a Category IV institution

Proficiency using relevant financial and accounting software and systems, including regulatory reporting systems (AxiomSL / Nasdaq) and data management tools