Job ID: 3190989 Full/Part-Time: Full-time
Regular/Temporary: Regular Listed: 2019-05-03
Location: Jacksonville, United States of America
It is crucial for the bank to understand how profitable each businesses activity is and Finance has a responsibility to understand precisely the resource commitment the bank makes to any given client or transaction e.g. cost, capital, funding, liquidity and risk. Finance is playing a central role in keeping the bank focused on simplification and financial resource management.
With our diverse teams in 47 countries, we offer a broad portfolio of capabilities. Our key functions range from Group Finance, Treasury, Planning and Performance Management, and Investor Relations to enabling functions such as Finance Change and Administration. These teams make sure we cover all Finance specific aspects for our internal and external stakeholders such as shareholder, employees, clients and regulators. Together, it is the role of Finance to oversee all financial details for Deutsche Bank globally.
Sound financial principles are at the core of everything we do. That’s why Finance is vital to the way we run our business. In a global marketplace that’s constantly evolving, being adaptable, decisive and accurate is critical.
Join us and you’ll be able to make a real difference in a dynamic global team with multiple career opportunities.
Job Title: Bank Regulatory Reporting
Corporate Title: Vice President
Location: Jacksonville, FL
About Deutsche Bank
We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
The responsibilities of this role includes preparation, review and submission of timely and accurate regulatory reports to the Federal Reserve Bank of New York. You will have adequate experience in banking, deep understanding of regulatory reporting instructions & banking regulations, trend analysis preparation/movements, end-to-end regulatory report production life-cycle and preparation of written communication to management and to our regulators in a clear, concise and useful manner.
Lead preparation, review and submission of regulatory report filings with the regulatory bodies (i.e. FFIEC 002, FRY-9C, FRY-9LP, FRY-12, FRY-15, FFIEC 009)
Ability to analyze impact of, develop positions toward, and comment on proposed and final regulatory rules
Ability to prepare/present quarterly analytics and variance analyses for due diligence with senior management and functional partners
Demonstrate business/product knowledge; understanding of organizational structure, general knowledge of accounting/reporting requirements
Assist in the development and implementation of Regulatory Report tools, report preparation and corresponding controls processes if required
Maintain strong focus on internal controls
maintain documentation of procedures and governance for the reports
Liaise with various internal (i.e. Regulatory Relations, Legal, Compliance, Audit, Finance Project Office and Business Operations) and external constituencies (i.e. regulators, external auditors and consultants)
Remain current on relevant industry initiatives, regulatory changes, and market trends as well as competitor activity
Perform research on changes in new regulatory reporting requirements and accounting standards and its impact to the organization’s reporting requirements
Participate in bank examinations and internal and external audits
Ensure compliance with internal regulatory reporting policies and procedures
Identify, escalate and remediate data quality enhancements
Experience in regulatory reporting experience within Regulatory Reporting at a Global Investment Bank and knowledge of accounting requirements
In-depth understanding of banking regulatory reporting rules and regulations
Well-developed organizational, analytical and problem solving skills, aligned with excellent attention to detail and time management
Possess knowledge of FBO and IHC regulatory requirements
Strong written and oral communication skills required. Ability to work in a fast-paced team environment with strict reporting deadlines
Possess the following skills : internal/external audit, database/data warehouse management, other related reporting skills
Ability to demonstrate business/product knowledge; understanding of organizational structure, general knowledge of accounting/reporting requirements
Academic / Knowledge Requirements
Bachelor’s degree in Finance or Accounting
CPA, MBA or advanced degree beneficial
Knowledge of the regulatory reporting tools (e.g., Axiom), general ledgers, offered products and its related activities is a plus
Public accounting firm experience with financial institution clients a plus
Ability to work autonomously, but with specific guidance/direction
For candidates applying for positions in the US:
Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the “ EEO is the Law ” poster and pay transparency statement.