Description

Job Summary:

The FR Y-14A regulatory reporting transformation manager will be responsible for overseeing the transformation (designing and implementing) of the annual FR Y-14A regulatory reports as required by the Federal Reserve Board. This individual will play a key role in delivering the 14A transformation project to ensure compliance with regulatory requirements, enhancing the accuracy of data submissions, and providing detailed analysis of capital planning and stress-testing results. The ideal candidate will have a strong understanding of banking regulations, capital stress testing frameworks, financial data analysis, and experience working with large financial institutions.

Key Responsibilities:

·       Lead and oversee the implementation of the 14A transformation program improving exiting 14A processes, data flows and quality to ensure timely an accurate, complete and timely 14A submission.

·       Play a critical role in designing and implementing the 14A processes and tools. This will include requirements development, process and control design and implementation.

·       Ensure compliance with Federal Reserve reporting guidelines and maintain up-to-date knowledge of changes to regulatory requirements.

·       Collaborate and work with the regulatory interpretation and policy team and ensure accurate interpretation and alignment with regulatory guidance and ensure compliance.

·       Provide insights and analysis on capital planning, stress-testing results, and forecasting, with a focus on identifying and explaining variances and developing Trend Analysis

·       Develop and implement process improvements to enhance the quality and efficiency of the reporting process including 14A control process design and implementation

·       Assist with the documentation of 14A desktop procedures

·       Collaborate with cross-functional teams (Risk Management, Finance, Treasury, and IT) to gather, validate, and analyze data inputs for regulatory submissions

·       Work with Treasury to develop Capital Plan Exhibits

·       Design and develop 14A a cross validation and reconciliation controls.

·       Provide and document business requirements utilizing Axiom for 14A filing

·       Monitor regulatory updates and trends that may impact reporting requirements and track necessary changes to processes or data gathering

·       Develop Methodology Mapping or Lineage (Model Data Mapping to 14A Schedules) & Non-Model Data Sourcing Assist in the maintenance of documentation related to procedures, controls, and governance processes associated with FR Y-14A reporting

·       Coordinate with 2nd line of defense, Internal Audit and external examiners to respond to inquiries and reviews related to FR Y-14A processes and submissions

Basic Qualifications:

·       Bachelor’s degree in finance, Accounting, Economics, Business

·       Minimum of 10+ years of experience in regulatory reporting, financial analysis, capital planning, or stress testing in a large financial institution

Additional Qualifications:

Experience working with regulatory reporting tools and systems (e.g., Axiom, Workiva, etc.)

Master’s degree, CPA, or relevant certifications would be a plus

Experience with data governance, risk management, and control frameworks in financial institutions

Familiarity with financial risk management, including credit, market, and operational risk.

Understanding of data flows & finance system architecture

·       In-depth knowledge of regulatory requirements, particularly related to FR Y-14A, CCAR (Comprehensive Capital Analysis and Review), and Dodd-Frank Act Stress Tests (DFAST)

·       Strong analytical skills with experience in data management and understanding of financial modeling, and forecasting

·       Proficient in Microsoft Excel, with advanced skills in data analysis and automation

·       Ability to work independently, handle multiple priorities, and meet tight deadlines in a fast-paced environment

·       Excellent communication and presentation skills, with the ability to explain complex data and regulatory concepts to non-technical stakeholders, including senior management

·       Strong attention to detail and ability to identify and resolve issues in financial and regulatory data

·       Ability to influence others without direct authority; be a team player

·       Have a good understanding of the CCAR process from end-to-end

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Workplace Type:

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We’re combining the best of both worlds:  in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Compensation Range:

The compensation range represents the low and high end of the base compensation range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.  Colleagues in this position are also eligible to participate in an applicable incentive compensation plan.  In addition, Huntington provides a variety of benefits to colleagues, including health insurance coverage, wellness program, life and disability insurance, retirement savings plan, paid leave programs, paid holidays and paid time off (PTO). 

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters:  Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume.  All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.