VP, Controllership - Regulatory Reporting

Stamford, Connecticut


Employer: Synchrony Financial
Industry: Finance
Salary: Competitive
Job type: Full-Time

Job ID: E2401417

Job Description:

Role Summary/Purpose:

The VP, Regulatory Reporting will lead the preparation of certain Fed & OCC reporting in accordance with US GAAP and instructions including but not limited to schedules within FR2900, FRY-9C, FFIEC031, FRY-9LP, FRY-11, FFIEC009, FR Y-14Q & FR Y-15, rep orting directly to VP, Regulatory Reporting Leader . This role is respo nsible for researching, interpreting and assessing new reporting requirements for the business, changes in existing requirements, and cross-functional collaboration with Legal, Risk, Compliance, Supervisory Affairs, and other key stakeholders. This position requires the a bility to manage the day-to-day operational activities with competing priorities and execute on decisions as required to move projects forward.

We're proud to offer you choice and flexibility. You have the option to be remote, and work from home, or come into one of our offices. You may be occasionally requested to commute to our nearest office for in person engagement activities such as team meetings, training and culture events.

Essential Responsibilities:
  • Manage comprehensive schedule of reporting requirements applicable to Synchrony Financial and its subsidiaries including but not limited to schedules within FR2900, FRY-9C, FFIEC031, FRY-9LP, FRY-11, FFIEC009, FR Y-14Q & FR Y-15
  • Coordinate production and review of daily/weekly/quarterly/annual regulatory reporting schedules, as required
  • Ensure consistency across Regulatory and SEC reporting
  • Lead in-depth analysis of variances, incorporating underst anding of accounting issues, business and economic impacts
  • Maintain/enhance control environment including job aids, policies and procedures
  • Assist with ensuring strong enterprise-wide governance framework
  • Lead cross-functional efforts for regulatory reporting steering committee
  • Facilitate information sharing among reporting stakeholders to ensure alignment among reports and reporting activities
  • Assist functional stakeholders in preparing for regulatory exams and responding to regulatory requests for information
  • Keep abreast of industry, regulatory, and accounting developments and apply solid knowledge of accounting concepts and principles to ensure accurate regulatory reporting filings
  • Provide interpretive guidance on regulatory matters to business units within the firm
  • Proactively identif y opportunities for process improvements
  • Perform other duties and/or special projects as assigned

Qualifications/Requirements:
  • Bachelor's degree and m inimum five years accounting experience in Banking or Financial Services industry or in lieu of degree, minimum 10 years a ccounting experience in the Banking or Financial Services industry
  • Proficient use of financial systems (HFM, Hyperion databases & Oracle Financials Data Warehouse (OFDW)) and Microsoft Office (Excel)

Desired Characteristics:

  • Bachelor's degree in Accounting or Finance
  • 5+ years Regulatory Reporting experience
  • Strong US GAAP and Technical Accounting knowledge
  • Strong research, communication, analytical and problem-solving skills
  • Ability to lead multiple projects/manage priorities and drive to completion
  • Ability to multi-task in a dynamic environment; attention to detail and follow-up
  • Experience with Axiom ControllerView
  • Proficient use of Microsoft Office products, and systems and other analytical tools including Hyperion database, Oracle discoverer and Business Objects


Grade/Level: 12

The salary range for this position is 110,000.00 - 185,000.00 USD Annual and is eligible for an annual bonus based on individual and company performance.

Actual compensation offered within the posted salary range will be based upon work experience, skill level or knowledge.

Salaries are adjusted according to market in CA, NY Metro and Seattle.

Eligibility Requirements:
  • You must be 18 years or older
  • You must have a high school diploma or equivalent
  • You must be willing to take a drug test, submit to a background investigation and submit fingerprints as part of the onboarding process
  • You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.
  • N ew hires (Level 4-7) must have 9 months of continuous service with the company before they are eligible to post on other roles. Once this new hire time in position requirement is met, the associate will have a minimum 6 months' time in position before they can post for future non-exempt roles. Employees, level 8 or greater, must have at least 18 months' time in position before they can post. All internal employees must consistently meet performance expectations and have approval from your manager to post (or the approval of your manager and HR if you don't meet the time in position or performance expectations).

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Our Commitment:

When you join us, you'll be part of a diverse, inclusive culture where your skills, experience, and voice are not only heard-but valued. We celebrate the differences in all of us and believe that our individual, unique perspectives is what makes Synchrony truly a great place to work. Together, we're building a future where we can all belong, connect and turn ideals into action. Through the power of our 8 Diversity Networks+ , with more than 60% of our workforce engaged, you'll find community to connect with an opportunity to go beyond your passions.

This starts when you choose to apply for a role at Synchrony. We ensure all qualified applicants will receive consideration for employment without regard to age, race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.

Reasonable Accommodation Notice:
  • Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.
  • If you need special accommodations, please call our Career Support Line so that we can discuss your specific situation. We can be reached at 1-866-301-5627. Representatives are available from 8am - 5pm Monday to Friday, Central Standard Time


Job Family Group:

Finance

Created: 2024-05-18
Reference: E2401417
Country: United States
State: Connecticut
City: Stamford
ZIP: 06906