Deloitte Jobs

Banking Regulatory Reporting Transformation Senior Consultant

Our practitioners help organizations identify the regulatory and industry changes impacting their business and implement effective and efficient regulatory and risk reporting frameworks and processes including regulatory reporting, reporting governance, risk management, process and controls management. Our professionals help organizations respond to evolving regulatory environments in an agile manner and implement programs, measures, and tools with a specific focus on regulatory, risk, and data processes.

As a Senior Consultant, you will have opportunities to:

• Contribute to regulatory reporting engagements that involve implementing and automating reporting processes, testing and validating reporting data, developing quality assurance programs and remediation of regulatory reporting issues

• Define regulatory reporting requirements, research and resolve regulatory reporting interpretive questions and develop related governance processes

• Develop and implement regulatory reporting policies and processes, including risk and control assessments, operational, and data controls, and data analytics

• Work on engagements in a team-based environment, partner directly with clients, fellow practitioners, and Deloitte professionals from complementary disciplines

• Serve on workstreams for complex projects, liaise with client counterparts, and actively participate in discussions on project management and work delivery needs

• Help present your team's findings to client stakeholders, and implement recommendations

• Begin to build long-term trusted advisor relationships with client counterparts

• Support internal business development initiatives and sales opportunities, including the creation of external-facing industry perspectives, lead generation materials, or sales proposals

  Required Qualifications

• Bachelor's degree in Accounting, Finance, Business Management, Economics, or related field

• 4+ years of experience working in the financial services or consulting industry related to one or more of the following Banking areas: Regulatory reporting remediation and transformation programs, implementation of new reporting requirements, testing and validation of regulatory reporting processes, regulatory report automation, report preparation or related data analysis

• Knowledge of regulatory reports such as FR Y-14, FR Y-9C, FFIEC 031, FR Y-15, FFIEC 009, or FFIEC 101

• Demonstrate understanding of business processes, regulatory requirements, risk management, internal control management, process, data and technology controls or related standards and frameworks related to the regulatory reporting space

• Knowledge of the structure and roles within the regulatory risk function at a bank, including execution and oversight processes, risk assessment, reporting, controls, testing, or data analytics

• Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners

• Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines

• Strong oral and written communication skills, including the ability to support or lead business proposal development and sales presentations

• Ability to travel up to 50%

• Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

  Preferred qualifications

• Working experience with reporting technology and tools such as Axiom

• Direct working experience at a financial services regulator (e.g., OCC, FRB)

• Working experience in the areas of Capital, liquidity or stress testing

• Subject matter product knowledge of banking products e.g., loans, securitizations, derivatives, SFTs or deposits

• Experience supporting new business pursuits and presentations, working in the client services industry, and communicating with executives

• Advanced degree and/or certification (e.g., MBA, CRCM, CPA, PMP, or CFA)

  Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

  About Deloitte Risk and Financial Advisory

Deloitte Risk and Financial Advisory provides industry-leading expertise, professional advisory services, and technology solutions to a range of clients. Our cross-functional Financial Services industry group comprises more than 2,500 partners, managers, and staff and provides a broad spectrum of services to address the operational, technological, regulatory, and risk management challenges faced by financial services clients across sectors, including banking, capital markets, retail wealth management, investment management, and insurance. The unique strength of Deloitte lies in our ability to address industry issues by aligning the breadth of our capabilities to offer comprehensive solutions to our clients. We are a recognized leader in helping our clients solve complex business problems and in providing professional services to the financial services industry.

• Deloitte's Banking and Capital Markets Advisory Practice: Our Banking and Capital Markets Advisory Practice works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customers. We provide a wide spectrum of advisory and consulting services to our clients, who include the world's leading banks and depositories, institutional broker-dealers, securities exchanges and industry utilities, clearing houses, custodians, and companies in commodities-driven businesses.

• Deloitte's Wealth Management Advisory Practice: Our Wealth Management Advisory Practice combines a cross-functional group of practitioners to provide a suite of operational, technology, and regulatory offerings and expertise to serve the spectrum of wealth management clients, including retail broker-dealers, retail and private banks, investment advisers, trust and insurance companies, and financial intermediary service providers, in the design, configuration, and implementation of their business models, risk management and compliance programs, and technology platforms. Our wealth management clients provide direct-to-consumer investment advice and management, financial planning, asset protection, risk transfer services, customized securities-backed credit and lending, and tax services to individuals and families (e.g., retail investors, qualified plan participants, high-net worth clients).

• Deloitte's Investment Management Advisory Practice: Our Investment Management Advisory Practice is a global leader in providing professional services to the asset and investment management industries. We provide a wide spectrum of advisory and consulting services to our clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customer base. Our clients include the world's leading independent asset managers, diversified financial institutions, mutual funds, private fund advisers (hedge funds and private equity funds), fund administrators, transfer agents, pension funds, and fund of funds.

• Deloitte's Insurance Advisory Practice: Our Insurance Advisory Practice assists companies with managing complex risks, including regulatory, operational, and technology issues. Our practitioners assist clients in the design, implementation, and assessment of business operating models with particular focus on enhancing the overall efficiency, effectiveness, and impact of clients' strategy and operations by leveraging technology and analytics.

  The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is 93,225-170,912

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

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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, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.