Senior Financial Analyst, U.S Regulatory Reporting
Top Benefits
About the role
Job Description
What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.
We are seeking a detail oriented and motivated analyst to join our U.S. regulatory reporting team based in Malaysia. This role provides a unique opportunity to gain hands on experience with U.S. regulatory filings including those required by the Federal Reserve Board (FRB), Bureau of Economic Analysis of the U.S. and U.S. Census Bureau. The analyst will work under the guidance of senior team members and contribute to the preparation and review of details related to regulatory filings done by the U.S. team.
What will you do?
- Assist in the preparation and review of deliverables for regulatory filings done by the U.S. team to FRB, Bureau of Economic Analysis of the U.S. and U.S. Census Bureau for filings such as TIC series, FR 2004 series, ABS, AIES, BRD-1, BEA -12, BEA-15, BEA 180/185 etc.
- Perform reconciliation between source system and reporting system data under supervision.
- Conduct variance analysis and assist in identifying data anomalies or breaks.
- Maintain accurate and organized documentation to support reporting processes and internal controls.
- Support control activities including checklists, trackers, runbooks and issue logs.
- Collaborate with team members across Malaysia and the US on data validation, process documentation, and various other deliverables.
- Participate in training sessions and knowledge sharing to build domain expertise.
- Work on other department related initiatives, as deemed necessary by management
What do you need to succeed?
Must-have
-
3-5 years of experience in regulatory reporting, financial reporting or audit
-
Basic knowledge of U.S. GAAP and relevant banking regulations
-
Understanding of Capital Markets and Financial Services Industry functions and products
-
High attention to detail, with strong analytical, problem-solving, and communication skills.
-
Knowledge in data, decision and process modelling tools and data analysis (e.g. Microsoft Excel, SQL, Jira, Tableau, Alteryx, R, Python) would be an advantage
-
Prior experience in shared service centers or global delivery hubs for financial institutions would be an advantage
What’s in it for you?
Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.
Senior Financial Analyst, U.S Regulatory Reporting
Top Benefits
About the role
Job Description
What is the opportunity?
Our client is a specialist provider of asset services, custody, payments and treasury services. Founded in 1864, they are the 10th largest bank worldwide and the 5th in North America, as measured by market capitalization. They are among a small group of highly rated global banks and are recognized time and time again for our financial strength, market leadership and philanthropic work.
Our client has a processing centre of operational excellence supporting 10 countries across three geographical time zones employing a Global Operating Model to maximise efficiencies across times zones and supports a 24/5 operational capability. The objectives for Malaysia are to enhance the scalability of their global operations, improve service quality via their ‘centres of excellence’ and to implement/leverage standardised processes globally.
We are seeking a detail oriented and motivated analyst to join our U.S. regulatory reporting team based in Malaysia. This role provides a unique opportunity to gain hands on experience with U.S. regulatory filings including those required by the Federal Reserve Board (FRB), Bureau of Economic Analysis of the U.S. and U.S. Census Bureau. The analyst will work under the guidance of senior team members and contribute to the preparation and review of details related to regulatory filings done by the U.S. team.
What will you do?
- Assist in the preparation and review of deliverables for regulatory filings done by the U.S. team to FRB, Bureau of Economic Analysis of the U.S. and U.S. Census Bureau for filings such as TIC series, FR 2004 series, ABS, AIES, BRD-1, BEA -12, BEA-15, BEA 180/185 etc.
- Perform reconciliation between source system and reporting system data under supervision.
- Conduct variance analysis and assist in identifying data anomalies or breaks.
- Maintain accurate and organized documentation to support reporting processes and internal controls.
- Support control activities including checklists, trackers, runbooks and issue logs.
- Collaborate with team members across Malaysia and the US on data validation, process documentation, and various other deliverables.
- Participate in training sessions and knowledge sharing to build domain expertise.
- Work on other department related initiatives, as deemed necessary by management
What do you need to succeed?
Must-have
-
3-5 years of experience in regulatory reporting, financial reporting or audit
-
Basic knowledge of U.S. GAAP and relevant banking regulations
-
Understanding of Capital Markets and Financial Services Industry functions and products
-
High attention to detail, with strong analytical, problem-solving, and communication skills.
-
Knowledge in data, decision and process modelling tools and data analysis (e.g. Microsoft Excel, SQL, Jira, Tableau, Alteryx, R, Python) would be an advantage
-
Prior experience in shared service centers or global delivery hubs for financial institutions would be an advantage
What’s in it for you?
Our client thrive on the challenge to be their best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. Our client care about each other, reaching their potential, making a difference to their communities, and achieving success that is mutual.
- A comprehensive Total Rewards Program including performance-based bonuses, flexible benefits, and competitive compensation
- Leaders who support your development through coaching and managing opportunities
- A world-class training program in financial services
- A collaborative dynamic culture where personal initiative and hard work are recognized and rewarded
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at www.rbc.com/community-social-impact.
La Banque Royale du Canada est une institution financière mondiale définie par sa raison d'être, guidée par des principes et orientée vers l'excellence en matière de rendement. Notre succès est attribuable aux quelque 94 000+ employés qui mettent à profit leur créativité et leur savoir faire pour concrétiser notre vision, nos valeurs et notre stratégie afin que nous puissions contribuer à la prospérité de nos clients et au dynamisme des collectivités. Selon la capitalisation boursière, nous sommes la plus importante banque du Canada et l'une des plus grandes banques du monde. Nous avons adopté un modèle d'affaires diversifié axé sur l'innovation et l'offre d'expériences exceptionnelles à nos plus de 17 millions de clients au Canada, aux États Unis et dans 27 autres pays. Pour en savoir plus, visitez le site rbc.com/francais
Nous sommes fiers d'appuyer une grande diversité d'initiatives communautaires par des dons, des investissements dans la collectivité et le travail bénévole de nos employés. Pour de plus amples renseignements, visitez le site www.rbc.com/collectivite-impact-social.