Comerica

Financial Reporting Specialist

Posted on: 11 Apr 2024

Frisco, TX

Job Description

Regulatory Reporting Specialist

Assist in the preparation of reports for bank regulatory agencies, including the quarterly Call and FR Y reports, regulatory capital calculations and disclosures, as well as weekly, monthly, and annual reports such as the FR 2900, FR 2644, FFIEC 009, TIC and BE reports, among others. Assist in implementation and documentation regarding regulatory disclosure issues, system implementations, Enhanced Prudential Standards, and processes for newly applicable reports. Research and review regulatory reporting changes including impact analysis.
 
Position Responsibilities

Prepare regulatory reports and underlying workpapers and calculations for accuracy and completeness, while assisting with proper interpretation of the reporting requirement.
Assist in projects to automate, increase efficiencies, and improve controls with software and process enhancements as well as compliance with Enhanced Prudential Standards.
Research and consult on reporting issues and respond to ad-hoc requests for reports and variance information.
Plan and manage workflow of financial and regulatory reporting requests and requirement updates.

Position Qualifications

Bachelor’s Degree in Accounting and/or Finance preferred
3 years of Accounting/Finance and Reporting experience, Financial Services preferred.

Comerica

Dallas, TX

Comerica Incorporated, through its subsidiaries, provides various financial products and services. It operates through three segments: Business Bank, Retail Bank, and Wealth Management. The Business Bank segment offers various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services middle market businesses, multinational corporations, and governmental entities.

The Retail Bank segment provides personal financial services, such as consumer lending, consumer deposit gathering, and mortgage loan origination. It also offers various consumer products that include deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. The Wealth Management segment provides products and services comprising fiduciary, private banking, retirement, investment management and advisory, and investment banking and brokerage services.

It also sells annuity products; and life, disability, and long-term care insurance products. The company also engages in the securities portfolio, and asset and liability management activities. It operates in Texas, California, and Michigan, as well as in Arizona and Florida, Canada, and Mexico. The company was formerly known as DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.

Similar Jobs