Minnetonka, MN, 55345, USA
9 days ago
FR Y-14A / CCAR Transformation Analyst Sr.
Description The FR Y-14A Senior Analyst 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 ensuring 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: + Take a leading role to oversee and implement 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. + Ensure compliance with Federal Reserve reporting guidelines and maintain up-to-date knowledge of changes to regulatory requirements + 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 + 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, or a related field; Master’s degree, CPA, or relevant certifications is a plus + Minimum of 4 years of experience in regulatory reporting, financial analysis, capital planning, or stress testing in a large financial institution + 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, financial modeling, and forecasting + Proficient in Microsoft Excel, with advanced skills in data analysis and automation + Ability to work independently, prioritize tasks, 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 + Strong attention to detail and ability to identify and resolve issues in financial and regulatory data + Have a good understanding of the CCAR process from end-to-end Additional Qualifications: + Experience working with regulatory reporting tools and systems (e.g., Axiom, Workiva, etc.) + Experience with data governance, risk management, and control frameworks in financial institutions + Familiarity with financial risk management, including credit, market, and operational risk Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay) Yes Workplace Type: Hybrid Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law. Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position
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