Liquidity Risk Regulatory Reporting (FR 2052a) Subject Matter Expert
Arrayo is actively seeking a detail-oriented and experienced Liquidity Risk Regulatory Reporting SME/Business Analyst to join one of our project teams working for one of Arrayo’s financial firm clients. The successful candidate will play a crucial role in ensuring the accuracy and integrity of regulatory reporting data through in-depth analysis, data mapping, and collaboration with various stakeholders. If you have a strong background in regulatory reporting, data analysis, and a passion for maintaining high-quality data, we encourage you to apply.
Responsibilities:
- Conduct comprehensive analysis of regulatory reporting data, ensuring accuracy, completeness, and compliance with regulatory requirements.
- Collaborate with cross-functional teams to gather and document data requirements for regulatory reporting purposes (i.e., FR 2052a/6G).
- Conduct a thorough review of regulatory reports to identify discrepancies, inaccuracies, or inconsistencies in the underlying data.
- Investigate the root causes of data issues, collaborate with internal teams and subject matter experts to gain insights into the underlying issues, and develop a comprehensive plan outlining specific steps to address each identified data issue.
- Develop and maintain data flow diagrams and data dictionaries, providing a clear understanding of data sources and flows for regulatory reporting applications.
- Perform data mapping analysis to identify the origin, transformation, and destination of data, ensuring a seamless flow from source systems to regulatory reports.
- Work closely with IT development teams to address data-related issues, troubleshoot discrepancies, and ensure the smooth functioning of business applications.
- Document and communicate data quality issues, proposing and implementing solutions to enhance data accuracy.
- Assist in the preparation of test scenarios, test plans, and support end-user acceptance testing related to regulatory reporting data.
- Stay informed about changes in regulatory requirements and industry best practices, providing insights and recommendations to improve data processes.
- Collaborate with stakeholders to automate and streamline data processes related to regulatory reporting.
- Contribute to process improvement initiatives, identifying opportunities for efficiency gains and automation in the regulatory reporting data management lifecycle.
Requirements / Preferences:
- Strong understanding of liquidity management concepts and FR 2052a data and reporting process.
- Experience with Federal Reserve reporting requirements and processes.
- Bachelor's degree in a relevant field, such as Finance, Accounting, or Information Systems.
- Minimum of 8 years of experience in regulatory reporting data analysis.
- CFA and/or CPA highly preferred
- Proficiency in data analysis tools and techniques, with experience in data mapping and data quality assessment.
- Familiarity with regulatory reporting systems and databases.
- Excellent communication skills to effectively collaborate with cross-functional teams and stakeholders.
- Detail-oriented with a commitment to maintaining high-quality data.
- Ability to adapt to changing regulatory environments and implement data management best practices accordingly.
- Knowledge of AxiomSL system is a plus.
- Strong Excel skills required
- Good understanding of complex databases/SQL, Python preferred.
