SMBC is seeking a Regulatory Reporting Accountant to join it's growing team in Jersey City, NJ.
Establish various weekly, monthly, and quarterly customers’ and transactions’ reviews in order to maintain a high quality of regulatory report fillings.
Perform transaction testing by verifying data accuracy with 3rd party legal documents to ensure the data accuracy. Closely communicate with front office account officers as well as SMBC subsidiaries’ representatives.
Identifying high exposure group counter-parties based on the Single Counterpart Credit Limit (SCCL) regulations. Build and maintain corporate hierarchies using the third party vendor tools.
Responsible for various training programs in relation to regulatory reporting. Arrange the various training programs with different target audience, and pursue higher quality of regulatory reporting. Support for various training set-ups, by arranging, preparing, monitoring, and completing.
Credit analyst experience.
Operations experience, i.e. loan operations, back office, and/or middle office.
Product knowledge to loan, derivatives, deposits, leases, and securities.
3-5 years of Public Accounting or internal audit experience preferred.
At least 2~3 years of experience in bank, or financial institutions.
Strong work ethic with high motivation and professional attitude.
Strong communication skills.
Strong documentation skill.
Strong attention to detail
Ability to identify issues and problem solve
Strong excel skills with knowledge of various functionality, as well as Word and Power Point. Macro knowledge preferred.