BE PART OF A BANK LIKE NO OTHER.When you work with the world's most innovative companies, you know you're making a difference.
Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.
They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.
Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.
Job Description:
Assist in the production & review of the Regulatory Reporting requirements for the US operations and the respective entities, including but not limited to the following:
- Minimum 8+ years of relevant experience
- Bachelor’s degree in Accounting or Finance required - Master's degree in Accounting or Finance is preferred
- Chartered Accountant (CA) preferred
- Knowledge on FR Y-14 or Y-14Q or 14M or 14A– “Capital Assessments and Stress Testing Report” (Annual/Quarterly/Monthly) is preferred
- Hands-on experience with US Fed reports (FFIEC 009, FR Y9C, Call report or TIC reports) required
- Must have experience in annual, quarterly, monthly and weekly regulatory reporting filings and project management experience on regulatory reporting initiatives
- Exhibit strong ability to prioritize and complete detailed tasks under limited timeframe
- Strong knowledge of US GAAP and Regulatory Reporting concepts and practices
- Ability to understand complex financial products and system architectures, accounting business processes, financial and management reporting (US GAAP), month-end financial close process, regulatory reporting, entity consolidations and multi-currency accounting
- Knowledge of Financial and/or Regulatory Reporting requirements, tools and processes; experience in regulatory reporting to key regulators such as the Federal Reserve Bank, FDIC and DFI
- Strong Microsoft Office skills, including advanced skills in Excel and PowerPoint
- Strong knowledge of Financial and Regulatory Reporting tools and systems such as AxiomSL, RegReporter, Oracle/Hyperion Essbase and PSGL
- Change management and analytical skills
- Ability to build relationships across functional teams to drive towards a common goal
- Ability to organize and manage multiple, changing priorities, and complete tasks under limited timeframe
- Proficient in US GAAP and relevant accounting and financial reporting matters
- Ability to research and propose company positions on complex accounting and reporting issues
- Excellent verbal and written communication skills to articulate ideas and plans clearly and effectively with internal and external audience
- Good teamwork skills to build collaborative and win/win relationships
- High degree of intellectual curiosity combined with immense attention to detail
- Strong project management and organizational skills; ability to manage various tasks and projects independently and simultaneously in a fast-paced environment and flexibility to work hours needed to meet deadlines
- Working experience with SQL is a plus
- Assessment and implementation of applicable regulatory requirements and new regulations
- Assess, develop and maintain proper controls, robust documentation, and change management approach for all reporting areas – automated and manual – associated with regulatory reporting function
- Communicate issues with appropriate data owners. Monitor and track issues to ensure timely and appropriate resolutions are achieved
- Partner with Financial, business subject matter experts, other analysts and developers to ensure requirements are captured appropriately and solutions implemented adequately to address the business needs
- Stays current on new and evolving regulatory reporting requirements, assess impact and ensure compliance for accurate reporting
- Participate in projects as required for new initiatives, process improvements or technology implementation and development. Participate in bank examinations and internal and external audits
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Equal Employment Opportunity
Silicon Valley Bank is an equal opportunity employer and is dedicated to expanding its commitments and investments to create a more diverse, equitable and inclusive company culture and innovation ecosystem. We are strongly committed to the values and policy of equal employment opportunity across our employment practices.
