Director, Regulatory Data Products

Posted:
12/20/2024, 3:51:46 PM

Location(s):
Stamford, Connecticut, United States ⋅ Connecticut, United States

Experience Level(s):
Senior

Field(s):
Legal & Compliance

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

We are in search of a knowledgeable and experienced individual with understanding of US Regulatory Reporting.

The candidate will be responsible for understanding various regulatory reporting needs for a category 4 bank and translating them into reporting solution.

Key Responsibilities include:

  • Lead and coordinate analysis of various regulatory reporting needs for the bank.
  • Collect and analyze processes, data and controls related to various regulatory reports.
  • Understand the regulatory reporting requirements and related financial and accounting computations.
  • Ensure compliance with specific regulatory mandates and governance framework.
  • Participate in workshops including various cross business teams to define target state reporting solution.
  • Support requests from internal groups and external regulators.
  • Build and maintain required documentation towards solution design and implementation.
  • Manage relationships and partnerships with variety of stakeholders across the bank

Key Experience/Skills needed:

  • Bachelor's Degree required
  • 7+ years of experience working in regulatory reporting and analysis.
  • Deep understanding of various financial products, financial statements, and regulatory reporting
  • Strong analytical skill with expertise in data analysis and reporting
  • Effective communication skills for effective communications with stakeholders, senior management, and external partners
  • Understanding of Capital and Liquidity Reporting
  • Knowledge of CCAR, Liquidity Reporting(2052a) including understanding of regulatory capital and RWA
  • Experience with regulatory reporting solution (Eg: Axiom and others)

The estimated salary range for this position is $140,000.00 to $160,000.00. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.