Lenmar Consulting Inc · 12 hours ago
Regulatory Reporting Analyst
Jersey City, NJ
Full-time
Onsite
Mid Level
3+ years expLenmar Consulting Inc is a consulting firm focused on regulatory compliance. They are seeking a Regulatory Reporting Analyst to assist in managing the firm's regulatory risk and oversee the Regulatory Identification and Change Management program in the US, ensuring compliance with applicable regulations and internal policies.
Information Technology & Services
Responsibilities
Demonstrate BNP Paribas's commitment to managing the firm's regulatory risk by assisting in the administration of a comprehensive Regulatory Identification and Change Management (RICM) program for the US
The Compliance RICM team is responsible for: (1) monitoring regulatory developments across applicable issuing bodies for regulatory developments within the Compliance framework, and facilitating the process to communicate, assess and implement related relevant regulatory requirements; (2) updating and maintaining the US laws, rules and regulations library (LRR); and (3) maintaining the Compliance US mapping of LRRs to policies, procedures and controls
Timely review and analysis of regulatory developments including regulatory changes issued by state and federal securities and prudential regulators and self-regulatory organizations (NYDFS, NYFRB, FRB, SEC, CFTC, Client, NFA, MSRB, NYSE, CME etc.,) to determine applicability
Timely communication of regulatory updates issued by regulators to subject matter experts within the firm that determine impact(s) and implement changes
Ensuring regulatory changes are appropriately actioned, including tracking and monitoring progress of impact assessments and implementation projects
Assist in the production of data metrics and management information required to ensure appropriate internal reporting, and oversight of the work performed
Assist in drafting regulatory obligations
Mapping relevant regulatory obligations to the risk taxonomy
Complying with external regulatory requirements and expectations; internal control standards; Group, Americas, IHC and Operating Entity policies, procedures and standards with regard to Regulatory Identification and Change Management program as appropriate
Maintaining a process to update the US Regulations Library
Coordinating with stakeholders and SMEs including Compliance and business lines
Monitoring end-to-end obligation mapping to policies, procedures and controls
Reporting mapping gaps/progress
Qualification
Required
3 to 5 years experience working for a financial services firm and/or self-regulatory organization in Compliance, Risk, Regulatory roles and /or data analytics roles
Comfortable reading and interpreting regulatory notices and changes from regulators, including but not limited to, state/federal prudential regulators in the US, self-regulatory organizations and exchanges (NYFRB, FRB, SEC, CFTC, Client, NFA, MSRB NYSE, CME, etc.,) that are applicable to the businesses of a foreign banking organization's businesses, processes and operations (investment banking, corporate banking, markets activities, bank regulatory matters etc.,)
Presentation and reporting skills including MS Excel, SharePoint, Word, and PowerPoint
Strong knowledge of data analytics, working with structured and unstructured data
Experience with visual analytics tools (PowerBI, Tableau and/or other tools)
Strong execution skills with the ability to work successfully under demanding deadlines
Team player with the ability to work collaboratively with front, back office and Compliance stakeholders and senior management
Strong communication skills including proficiency in writing concise and substantive commentary to summarize results
Strong attention to detail
Problem solving skills
Knowledge of corporate and institutional banking laws, rules, regulations, supervisory guidance, and industry best practices
BA or BS Degree a must
Preferred
Understanding regulatory notices and changes from regulators, including but not limited to, state/federal prudential regulators in the US, self-regulatory organizations and exchanges (NYFRB, FRB, SEC, CFTC, Client, NFA, NYSE, etc.,) that are applicable to the businesses of a foreign banking organization's businesses, processes and operations (investment banking, corporate banking, markets activities, bank regulatory matters etc.,)
Ability to review regulatory obligations in relation to policies and procedures and knowledge of BNPP controls maintenance systems
Ability to navigate effectively in transformational environments
Company
Lenmar Consulting Inc
Established in 1998, Lenmar’s Professional Services (Contingent/SOW Staffing & Managed Services) provides highly-skilled financial services professionals (contract/contract-to-hire/permanent) and helps clients to keep or bring back challenging projects in-house by bridging the technology and domain skills gap.
501-1000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase