Financial Reporting Analyst Mid-Level - Call Report (FFIEC 031)

Job Description

Purpose of Job

We are seeking a talented Financial Reporting Analyst I for our Charlotte, NC, San Antonio, TX or Plano, TX facility.
This position does not have the option of working fully remote.
USAA values a culture that is highly collaborative, and we have found that a hybrid work type helps employees gain the best of both worlds – collaborating in-person in the office and working from home. The actual onsite days are settled between each employee and the employee’s manager. Candidates are expected to live a commutable distance from one of our offices in Charlotte, NC, San Antonio, TX or Plano, TX
The person selected for this role will be a key contributor in preparation and delivery of bank regulatory reports and analysis used by internal and external stakeholders to meet regulatory and compliance reporting requirements. Proven ability to perform appropriate research, prepare complex financial regulatory reports, and complete business and operational analytics while adhering to internal controls over financial reporting. Supports audits and examinations as needed.

Job Requirements

About USAA

USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.

Tasks:

• Identifies and manages existing and emerging risks that stem from business activities and the job role.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled.
• Follows written risk and compliance policies, standards, and procedures for business activities.
• Utilizes broad industry and accounting knowledge in the end-to-end delivery and preparation of moderately complex to complex financial and regulatory reporting requirements to include Bank Holding Company reporting, Enterprise GAAP reporting, P&C and Life Insurance STAT reporting, and / or investment reporting.
• Performs detailed, peer review of reports in addition to audited statements and support schedules in preparation for final review by management.
• Interprets and understands financial results and regulatory information as well as business and financial statement interrelationships, and provide informed, proactive analysis and business insights for analytical review to enable effective decision-making for financial and regulatory reporting.
• Assists with audits, examinations, and ad-hoc surveys by coordinating receipt of support from business partners and preparation of supporting work papers and schedules. May lead individual components of audits or examinations.
• Responsible for internal controls to ensure proper referencing for peer and management review documentation over owned reports and assignments.
• May assist in the preparation of responses to special surveys and data calls from state and regulatory bodies.
• Researches and provides recommendations regarding changes to reports as assigned, including new line items and updated instructions.
• Serves as a resource to team members on escalated issues of a routine nature.
• Drafts and may deliver disclosures, technical memos, presentations, and other supporting documentation.

Minimum requirements:

• Bachelor’s degree required; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 4 years of experience preparing and delivering financial statements and regulatory reports in the financial services industry, a Bank Holding Company or similar.
• Expert knowledge of applicable Microsoft Office applications including Excel.
• 2 years of experience conducting research and preparing business and operation financial analysis.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP).

Preferred experience:

• Experience preparing and delivering regulatory report FFEIC 031 aka Call Report

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Compensation:

USAA has an effective method for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market position. The salary range for this skill is: $ 67,100 - $ 120,700

Benefits:

At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

Please click on the link below for more details.

USAA Total Rewards

Relocation assistance is Not Available for this position.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.