Business Systems Analyst ( Regulatory Reporting ) - REMOTE

System One - Pittsburgh, PA

Full-time - Mid Level

Remote - Pittsburgh, PA

Administrative and Support Services

About the position

The Business Systems Analyst (Regulatory Reporting) role is focused on supporting the Regulatory Reporting, Data Submissions, and Finance Capital Reporting teams within a bank. This position involves collaborating with cross-functional teams to develop and interpret business and regulatory requirements for key regulatory reports, ensuring compliance with federal regulations and standards.

Responsibilities

• Support the Regulatory Reporting, Data Submissions, and Finance Capital Reporting teams within the Bank.
• Collaborate with cross-functional teams to develop business and regulatory requirements related to key regulatory reports such as FR Y-9C, FR Y-14M, FR Y-14Q, Single Counterparty Credit Limit (SCCL) in FR 2590, and Basel III.
• Interpret Federal Reserve instructions for specific regulatory reports and translate them into technical requirements for building accurate and compliant regulatory reports.
• Conduct financial analysis and modeling for Asset Liability Management, Treasury Management, Credit Risk Management, and ensure compliance with SCCL and Basel III regulations.
• Analyze regulatory implications of all on and off-balance sheet activities, and provide insights into the impact of various asset classes such as Commercial/Retail loans/leases, Derivatives, Securitized Assets, and Equity.
• Develop, document, and define business and data requirements, ensuring they meet regulatory standards and align with business objectives.
• Provide detailed knowledge and expertise on report layouts and specific schedules within FR Y-9C, FR Y-14M, FR Y-14Q, FR 2590, and Basel III regulatory reports.
• Collaborate with data engineering teams to design and implement data solutions that enhance regulatory reporting and analytics capabilities.

Requirements

• Experience as a Business Systems Analyst / Business Analyst or Data Analyst, with at least 3 years in financial analysis or modeling for Asset Liability Management, Treasury Management, Credit Risk Management, or SCCL/Basel III regulations.
• Experience in interpreting Federal Reserve instructions for regulatory reporting and converting them into actionable technical requirements.
• Strong understanding of capital regulations for U.S. banks, and proficiency in handling various regulatory submissions, including FR Y-9C, FR Y-14M, FR Y-14Q, FR 2590, and Basel III.
• Hands-on experience with SQL and BI tools such as Tableau, Microsoft Power BI, and Oracle BI for data analysis.
• Hands-on experience with Microsoft Excel for financial modeling and data analysis.
• Knowledge of banking, financial markets, and products, with a focus on regulatory implications of on- and off-balance sheet activities.