Financial Management Group - Regulatory Reporting, Associate Director

  • Competitive
  • Jacksonville Beach, FL, USA
  • Permanent, Full time
  • Macquarie
  • 28 Sep 16

Financial Management Group - Regulatory Reporting, Associate Director


Associate Director, Regulatory Reporting



Global Regulatory Reporting (GRR) function covers regulatory reporting required for Bank, Bank offshore branches, broker-dealers, and futures clearers to various regulators across jurisdictions and senior Macquarie management. It aims to implement a consistent and efficient Organisational structure, Governance, Service Delivery, Processes, People Strategy and Technology ensuring compliance with finance control standards and facilitating commercial decisions.

Key Responsibilities include:

  • Acting Chief Financial Officer for US regulated broker-dealer and futures clearing entities.
  • Management oversight and review of the Macquarie Group's Regulatory Reporting service line within the region which includes the US and Canadian broker-dealer and future clearing entities, as well as Group Australian Prudential regulatory reporting
  • Monitor regulatory capital levels to ensure that regulated entities are appropriately capitalized and have sufficient liquidity at all times
  • Report to the Board of Director's and regulatory management committee on FOCUS and other US regulatory submissions, financial performance of regulated entities, as well as regulatory capital and liquidity levels
  • Responsible for technical support regarding regulatory treatment and impact on capital and liquidity levels for new products and transactions
  • Oversee statutory reporting activities including financial statement reporting and tax compliance for regulated entities
  • Managing the relationship with internal and external auditors
  • Close interaction with Risk Management Group, Information Technology Group, and Group Treasury required to service Macquarie's regulatory reporting requirements
  • Delegate incoming work to the team based on experience and task complexity
  • Lead and coach the team, particularly on aspects of financial control, regulatory compliance and attention to detail
  • Work with the larger regulatory reporting stream to support Macquarie's regulatory reporting obligations globally
  • Advise on and prepare correspondence and responses to complex queries from clients, auditors, regulators and other service lines
  • Ensure timely delivery of work; provide regular updates to all stakeholders including clients
  • Proactively seek client feedback to further improve service level standards




About you:

  • Postgraduate / professional accounting qualification, preferably CPA
  • 12+ years of post-graduate experience
  • Experience in financial services and exposure to financial accounting and statutory reporting in a service industry environment (preferred)
  • Previous exposure to regulatory reporting for US regulated entities
  • Experience with statutory reporting, financial accounting and compliance
  • A strong adherence to timelines and attention to detail is mandatory
  • A willingness to travel overseas to build relationships with key stakeholders
  • Energized by the opportunity to build relationships across the business and globe and build collaboration
  • Strong cross-function communication skills
  • Strong people management skills
  • Ability to multi-task and prioritize
  • Focus on qualitative improvements to work product
  • Strong vision for the function with a desire to lead and guide others to achieve goals and objectives
  • Strategic mindset to manage the constantly evolving work landscape and the role of the team in supporting the business
  • Builds connections across the business better deliver on key outcomes
  • Keen to maintain transparent and open communication across the team
  • Collaborative and team oriented leader that enables team members to maximize their capability
  • Future focused to drive to opportunities to improve the business




About us:



The Financial Management Group (FMG) provides financial, tax and treasury services to all areas of Macquarie. The group is focused on providing strategic analysis and advice to Macquarie's businesses and senior management, managing Macquarie's funding, liquidity and capital position, ensuring Macquarie continues to meet regulatory and compliance obligations and managing Macquarie's corporate communications and investor relations.

The group is focused on three key outcomes:
  • managing the Macquarie balance sheet and profit & loss optimally and strategically
  • adding value to Macquarie's senior management and its businesses by providing advice and analysis that is strategic, timely, accurate and comprehensive
  • ensuring Macquarie continues to meet the obligations within its regulatory and compliance framework

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, sexual orientation, national origin, age, disability, or protected veteran status. Macquarie takes affirmative action in support of its policy to hire and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities.

Advertised: 06 Jun 2016 Eastern Standard Time
Applications close: