If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Managing Director will report to the SMD, Capital & Liquidity Reporting and will be responsible for the Basel Regulatory Reporting for the bank. The MD is responsible to manage the reporting requirements for capital & related reports including CCAR and FR Y-15. The MD is also responsible to implement and maintain the regulatory reporting system. Additional responsibilities include working with Treasury, Risk & Accounting on data, policies and reports.
Responsibilities:
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Manages the preparation and submission of Capital Reporting schedules, CCAR M& Q and FR Y-15 through a well-controlled reporting data framework
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Manage the business implementation of a Regulatory Reporting Engine for capital calculation, data analysis, management reports and regulatory submission, from defining the Functional requirements to UAT.
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Direct & Mentor a large team of professionals to ensure the delivery of high-quality regulatory reports and a strong data control framework
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Prepare and present to Senior Management on regulatory reports, interact with Regulators as needed.
Education, Experience and Skills:
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Bachelor’s Degree in finance, business, accounting, economics, or related field required; advanced degree preferred
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7-10+ years of experience in regulatory reporting for banks in the US (capital, liquidity, CCAR)
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CPA, CFA, or other similar designation a plus
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Substantial experience with implementation of Regulatory Reporting systems including Axiom, Workiva, OFSAA, Lombard Risk a plus
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Excellent interpersonal, team building, and communication skills required
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Ability to influence stakeholders at all levels of the organization to drive desired outcomes
The estimated base salary range for this position is $165,000 USD to $215,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
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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, disability or protected veteran status.
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What We Do
Webster is a leading commercial bank that delivers financial solutions to business, individuals, families and partners. With more than $60 billion in assets, we offer digital and traditional service delivery through our differentiated lines of business: Commercial Banking, Consumer Banking and HSA Bank, one of the country’s largest providers of employee benefits solutions.
Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity and affirmative action employers M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
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