Senior Associate, Bank Accounting and Regulatory Reporting

This is a fully remote position, open to applicants in United States.

📋 Description

• Prepare and assess specific accounting records related to the Bank.

• Ensure the timely preparation, review, and submission of regulatory filings, encompassing Call Reports, FR Y-series reports, FDIC filings, and other mandated regulatory documents.

• Conduct reconciliations, validations, and analytical assessments to guarantee the completeness and accuracy of the information reported.

• Collaborate with Accounting, Treasury, Risk, Operations, and Data teams to collect, validate, and comprehend data utilized in regulatory reporting.

• Work alongside the Financial Reporting team to support bank-related disclosures featured in SEC filings, which include regulatory capital, deposits, and liquidity, ensuring that the underlying data, analyses, and supporting documents are accurate, complete, and compliant with regulatory standards.

• Investigate regulatory reporting guidelines and assist in adopting reporting modifications arising from new products, business activities, or regulatory changes.

• Recognize reporting challenges, data discrepancies, and control weaknesses, and propose practical solutions to enhance reporting quality and efficiency.

• Assist in regulatory examinations, internal audits, and external audits by preparing necessary documentation and addressing information requests.

• Maintain regulatory reporting processes, controls documentation, and reporting evidence to comply with governance standards.

• Contribute to initiatives aimed at improving processes and automating systems to bolster reporting accuracy, efficiency, and scalability.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, Economics, Business, or a related discipline (or equivalent practical experience).

• Over 5 years of experience in accounting, finance, regulatory reporting, or a related role within a regulated financial institution.

• Proven experience in preparing, reviewing, or assisting with bank regulatory reports, including Call Reports, FR Y-series reports, or similar regulatory filings.

• Experience in performing reconciliations, controls, data validation, and analytical review processes.

• Background in supporting internal audits, external audits, or regulatory examinations.

• Experience within a bank, a fintech with a banking partner, or another regulated financial institution.

• Familiarity with FDIC, Federal Reserve, OCC, and FFIEC reporting requirements and guidelines.

• Understanding of U.S. GAAP and its relationship with regulatory reporting requirements.

• Experience with regulatory reporting systems, data warehouses, or reporting automation tools.

• Ability to identify process improvement opportunities and collaborate with cross-functional teams to implement solutions.

• CPA or other professional certification in accounting and financial reporting.

🏝️ Benefits

• Competitive compensation package, including base salary, bonus opportunities, and annual equity grants that vest quarterly.

• Retirement benefits to assist you in planning for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada).

• Employee Stock Purchase Plan (ESPP) offering discounted stock purchase options for eligible employees (US only).

• Comprehensive health coverage tailored to support you and your family, including medical, dental, vision, and wellness resources for the US, alongside supplemental health coverage for Canada.

• Contributions to Health Savings Accounts from Upstart for eligible plans (US only).

• Income protection benefits, which include life insurance and disability coverage for added financial security.

• Paid time off, sick leave, and company holidays, consistent with local regulations.

• Paid family and parental leave to support caregiving and significant life events (duration varies by country).

• Family-focused benefits to assist with fertility, parenthood, and caregiving needs.

• Employee Assistance Program (EAP) providing mental health support and life-centered resources.

• Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only).

• Annual wellness allowance to support your physical and emotional well-being and personal development, focusing on what matters most to you.

• Annual productivity allowance to invest in the relevant tools and resources you need to excel in your work, regardless of your location.

• Opportunities for connection and community through team events, all-company updates, and employee resource groups (ERGs).

• Onsite perks, which include catered lunches and fully stocked micro-kitchens when working from one of our offices located in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).