MUFG Union Bank Tempe, AZ, USA
Jul 26, 2017Full time
YOUR POTENTIAL. YOUR OPPORTUNITY. Regulatory Reporting Analyst - Associate Location: Tempe, AZ Join a financial group that's as committed to your future as you are. At MUFG, we share a vision for our future, we share our successes, and we strive to bring out the best in each other in everything we do. Our 14,000 diverse colleagues are connected by a common ambition to create change for the better-from forging more dynamic career paths, to driving progress in our communities, to continuously reshaping the standards of global financial services. Positive impact starts here; see the change you can make as we strive to become the world's most trusted financial group. Summary: The Regulatory Reporting Analyst - Associate will provide CCAR support to management for the Americas and all related documentation of the annual Capital Plan for MUAH (holding corporation). Responsibilities: Manage the company-wide capital stress testing production process for CCAR. As the owner of the Federal Reserve-mandated Comprehensive Capital Analysis & Review (CCAR), this team partners with lines of business and Finance and Risk management functions across the company to prepare MUAH's Capital Plan and the suite of documentation that supports the Capital Plan. (Position offers good visibility into Balance Sheet, Income Statement and Capital Management initiatives as well as the unique opportunity to understand the initiatives from a central perspective.) The team has significant visibility to senior management as its work product is regularly used in discussions with management-level governance committees; Board-level governance committees; the Board of Directors; and supervisory authorities. Develop an understanding of MUAH's regulatory CCAR requirements and processes. Contribute to the development of methodology narratives related to Pre-Provision Net Revenue (balance sheet and related net interest income; noninterest revenue; and non interest expense). Partner with stakeholders to develop commentary supporting MUAH's balance sheet and income statement strategy in various stress scenarios, including: analysis of historical trends, tolerance levels and variances across submission cycles. Understand forecasting processes, key assumptions, and model inputs/outputs. Translate technical understanding and knowledge to plain-language narratives. Support initiatives to continually improve and enhance the CCAR production process, including the build-out and automation of CCAR Reporting tools. YOUR EXPERTISE IS WELCOME. B.A. / B.S. degree in Financial and/or Accounting is required. 4 or more years of experience with a minimum of 2 years of banking experience in the preparation of regulatory reports. Previous public accounting and banking industry experience is strongly preferred. Possess solid knowledge and insight into Banking's regulatory reporting rules and regulations. Work effectively in a team environment to meet tight filing deadlines. Must be a self-starter and able to work in a fast-paced, results-driven environment. Excellent verbal, written and presentation skills are essential. Strong analytical, writing and inter-personal skills are critical to one's success. Proficient in the use of MS Office suite: Word, Excel, and PowerPoint. Willingness to travel: up to 10% annually. We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category. A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.