PRINCIPAL RESPONSIBILITIES

• Assist in the preparation, analytical review, and filing of regulatory reports including but not limited to the FRB, FFIEC, TIC, BEA, and Census Bureau Reporting Series
• Review / maintain documentation of procedures, RCSA and governance for the reports
• Monitor and implement on-going changes in regulatory reporting requirements
• Partner with LECs on month-end close processes for core regulatory reporting entities to understand emerging accounting issues/adjustments and their impact to regulatory reporting processes
• Drive awareness level of LECs to regulatory developments and guidance impacting regulatory reports and processes
• Assist in automation activities, process improvements and the development of new business requirements and ensure each conforms to the existing control environment
• Assist with manual data collection efforts and the development of controls to ensure completeness and accuracy across all regulatory reports
• Lead the identification and documentation of reporting differences between US GAAP and Regulatory Accounting Principles (RAP) in collaboration with LECs for core regulatory reporting entities and reports
• Partner closely with the Technology, Finance, Risk & Control, Operations, Capital Adequacy, CCAR and Product Control teams to understand, improve and automate the reporting processes
• Collaborate with LECs on the preparation of quarterly management analytical packages for core FRB reporting entities to facilitate proactive analytical review of regulatory reports
• Prepare ad-hoc analysis substantiating existing reporting as requested by regulatory, audit and management inquiries
• Interface with exam teams (both internal and external) and facilitate their understanding of reporting including supporting processes

SPECIFIC RESPONSIBILITIES

• Documentation of processes, procedures, governance and controls across reporting entities
• Update report preparation procedures to include changes due to automation and/or control updates
• Work with regulatory team leaders to research and document key rule interpretation decisions
• Document regulatory reporting impact of proposed new business, products and strategic transactions on an ongoing basis in collaboration with LECs
• Prepare and maintain US GAAP to RAP reconciliation schedules with relevant support
• Participate in and document interactions with regulators across RBC reporting platform
• Partner with reporting teams during User Acceptance Testing to ensure control implementation
• Analyze workflows across reporting teams and work with managers to develop strategic work plans
• Perform data validation with the goal of developing controls for reporting consistency
• Oversee manual data sourcing, identify or raise automation initiatives and report progress to management

MUST HAVE

• Degree in Accounting/Finance/Economics
• Broad comprehension of Capital Markets and Financial Services Industry
• Strong Microsoft software Office skills (Excel, Word, PowerPoint)
• Ability to work in a fast-paced team environment
• Excellent written and oral communication skills
• Independent and critical thinker with desire to drive results

AUTHORITIES, IMPACT, RISK

• Impact is wide reaching across all RBC's US operations (Capital Markets, Wealth Management and Retail Banking), in the reporting of accurate and timely consolidated financial and statistical results to the regulators.

KEY RELATIONSHIPS

• Finance Contacts – Legal Entity Controllers & Product Control
• Support Functions (Operations, IT, Legal, Treasury)
• Capital Adequacy/CCAR Teams

WORKING CONDITIONS

• Monthly/Quarterly production periods requiring hours to vary by workload demands
• Stress levels commensurate with time sensitive deliverables

• Collaborate and assist Legal Entity Controllers (LECs) with US GAAP month-end close processes to facilitate assessment of regulatory reporting impact of accounting matters as they emerge.
• Documentation of key processes, procedures, governance and controls related to the preparation of core regulatory report filings.
• Assist in the preparation of various regulatory reports.
• Compliance with the Regulatory reporting instructions for the across the RBC reporting platform.
• Assessment of control procedures against documented standards.