Northern Trust · 3 days ago

Specialist - Regulatory Reporting

Chicago, IL

Full-time

Onsite

Senior Level

10+ years exp

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Responsibilities

Reviewing regulatory filings prepared by junior staff for compliance with regulatory instructions. Typical filings include the FR Y-9C, FR Y-9LP, FFIEC 009, FR Y-14Q, and FR Y-15.

Driving redesign of internal controls, processes, analytics as the team migrates to a more automated environment.

Participate in industry forums related to regulatory initiatives. Develop into a subject matter expert within assigned responsibilities.

Challenge data reported in all reporting schedules, identify potential gaps, and drive remediation plans with data owners.

Integrating new returns, products, activities into the existing regulatory data and systems

Working closely with partners across the organization on reporting projects

Developing and producing high quality analytics

Presenting regulatory reporting information to executives

Qualification

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Financial analysisRegulatory reportingComplianceInterpreting regulationsData analysisInternal control designProcess improvementData quality managementTask managementProblem-solvingAttention to detailVerbal communicationWritten communicationOrganizational skills

Required

Bachelor's degree in relevant field (e.g. Finance, Accounting, Economics, etc)

Minimum 10+ years of experience in financial services or a related industry, with a significant focus on regulatory reporting, compliance, and financial analysis.

Strong understanding of and experience in interpreting and implementing financial or regulatory reporting rules and regulations.

Comfortable working with large data sets and creating relevant reports / analytics.

Experience in designing / improving of internal control environment and driving data quality and process improvements.

Excellent analytical and problem-solving skills with attention to detail.

Strong written and verbal communication skills to liaise with regulatory authorities and internal stakeholders.

Strong organizational skills and ability to manage multiple tasks concurrently.