Senior Regulatory Financial Analyst

Location: Cincinnati
Posted on: November 7, 2024

Job Description:

GENERAL FUNCTION: Responsible for the execution of highly complex financial analysis associated with the completion of Agency required Regulatory Reports. Represent Regulatory Reporting in various accounting and finance initiatives. Serve as a financial leader to Fifth Third Bancorp lines of business and Regulatory Agencies to meet the information needs to sustain Regulatory Reporting Compliance. Leads the education and development of less experienced staff.

ESSENTIAL DUTIES & RESPONSIBILITIES:

* Understand and lead peers in the identification of key business factors (both internal and external) that impact Regulatory Reporting.

o Maintain an up-to-date knowledge base to keep current on existing and emerging issues; apply this knowledge to assist business managers in sustaining regulatory reporting compliance.

o Develop recommendations and action plans to improve financial reporting disclosures and improve processes to eliminate or mitigate observed risks.

o Monitor Regulatory Reporting policies and procedures for compliance with Agency issued reporting requirements.

* Play a key role in the preparation of recurring Regulatory Reporting filings.

o Monitor deadlines and reporting calendar with the Regulatory Reporting Manager for completing filings.

o Prepare more complex disclosures and analysis.

o Document, evaluate and improve design of reports and processes to ensure that analytical tools evolve as business and reporting requirements change.

o Monitoring / maintenance of general ledger chart of accounts.

* Establish, foster and maintain working relationships with peers and management within the affiliates and all lines of business as well as the Regulatory Agencies.

o Serve as the division leader to lines of business regarding conversions of application systems and complex reporting needs.

o Attend meetings with peers to maintain knowledge of current and emerging issues and risks in respective focus areas.

o Be an active participant in process improvement and problem resolution issues.

o Maintain a good rapport with various Regulatory Agencies.

* Assist management with the development and maintenance of data systems designed to track, record and report financial information needed for Regulatory Report preparation.

* Provide training and guidance to less experienced staff.

o Works with staff to achieve department objectives.

o Develops cross training programs and ensures the sharing of knowledge is achieved.

o Recruits, develops and exports talent.

SUPERVISORY RESPONSIBILITIES: Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees accomplishments.

Keywords: , Lexington , Senior Regulatory Financial Analyst, PR / Public Relations , Cincinnati, Kentucky