Financial Regulatory Analyst

Job title:

Financial Regulatory Analyst

Company

United Nations Federal Credit Union

Job description

Why join this teamEnsure the timely and accurate preparation and submission of regulatory reporting, cash management, and forecasting. Collaborate with manager and other team members to produce regular reports and in-depth analysis for internal and external stakeholders. In addition, ensure the accuracy of regulatory reporting data and drive process improvements to increase reporting efficiency.This position is expected to be hybrid.NYC Salary Range – $88,190 – $115,000 annually; compensation is commensurate to geographic location and experience.What you’ll do

• Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.
• Lead and support the successful execution of multiple regulatory reporting cycles including NCUA Call Reporting, Risk-Based Capital (RBC), TIC Reporting, FR2900, FBAR. Collaborate with finance department and the broader Credit Union to collect and analyze reporting data for reasonableness. Support manager in quality control of report filings including flux analysis and compliance with regulatory reporting changes.
• Lead the daily cash management process and reporting, including preparation of daily liquidity reports, funding of Credit Union operations, and ensuring sufficient capacity for forward periods.
• Support manager to deliver risk analysis and forecast reports to senior management on a regular cadence such as monthly operational memos, rolling liquidity forecasts, budget forecasting and stress testing.
• Keep abreast of changes in regulatory reporting requirements from the NCUA, Federal Reserve, Department of Treasury, and other regulatory agencies.
• Collaborate with other teams across the Credit Union to prepare for the $10 billion regulatory threshold, including compliance with NCUA ONES data reporting requirements.
• Analyze and interpret complex issues efficiently and effectively in accordance with UNFCU and industry standards.
• Communicate effectively with NCUA examiners, as well as internal and external auditors, during periodic examinations and audits.

What we’re seeking

• Bachelor’s degree in accounting or a related field, with 3-7 years of progressive relevant experience in banking or financial services.
• Experience in financial analysis and regulatory reporting (e.g., Call Report, TIC, FR2900)
• Strong analytical and problem-solving skills
• In-depth knowledge of the risk and regulatory requirements within the financial industry
• Understanding of financial preparations, analysis, and examination procedures

What makes you stand out

• Knowledge and experience using relevant systems/software including Great Plains, Axiom, Fed Reporter DataLink, and Trovata is a plus
• Strong regulatory reporting knowledge in a $10B+ financial institution

Who we areUNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by country, federal, state or local laws.

Expected salary

$88190 – 115000 per year

Location

Long Island City, Queens, NY

Job date

Wed, 05 Mar 2025 00:39:34 GMT

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