Accounting Risk & Policy Analyst

Description Employment Type:  Regular

Full/Part Time:  Full-time

Division:  Division Finance

Job Description:  GENERAL FUNCTION: Responsible for establishing and maintaining Bancorp accounting policies and procedures, monitoring emerging accounting issues and standards, interpreting and overseeing the implementation of newly issued accounting standards, formally communicating significant policy or procedural changes across the Bancorp, consulting with Affiliate, centralized and LOB finance teams on technical accounting topics, as well as representing Accounting Risk/External Reporting on various Bancorp accounting/finance initiatives and special projects. DUTIES AND RESPONSIBILITIES: * Responsible for the development and maintenance of Bancorp accounting policies and procedures: o Ensure that Bancorp accounting policies and procedures are developed, maintained and updated in accordance with GAAP. o Ensure that policies and procedures are properly documented and maintained in a clear and concise manner. o Ensure that policy/procedural changes are clearly communicated to appropriate areas of the Bancorp on a proactive and timely basis. * Responsible for monitoring emerging accounting issues and standards: o Proactive monitoring of all emerging issues and assessing the implications to the Bancorp. o Discuss implications to the Bancorp with the Director of Accounting Risk and Policy, Accounting Risk and Policy Manager and Assistant Controller. o Develop comment letters as appropriate. * Responsible for interpreting newly issued standards and fully assessing their impact to the Bancorp: o Coordinate implementation team ensuring that all relevant Bancorp departments are represented. o Develop adoption implementation strategy and oversee its execution. o Quantify current and expected financial statement impacts for communication to the Bancorp finance organization as well as the Audit Committee. * Consult with Affiliate, centralized and LOB finance teams on technical accounting topics: o Proactively engage finance teams to gain a full understanding of new/emerging business transactions. o Develop and communicate technical accounting requirements and related financial statement impacts. o Assist with transaction structures and drafting of contractual agreements in order to maximize the favorable economic impact to the Bancorp as well as ensure the alignment of transactional economics and GAAP requirements. * Serve as the Bancorp's technical accounting subject-matter expert on various finance/accounting initiatives and special projects, including process improvements, merger and acquisition activity, etc. as well as serve differing roles on Bancorp committees. SUPERVISORY RESPONSIBILITIES: None

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Requirements KNOWLEDGE & SKILLS REQUIRED: * Education: Bachelor's Degree in Accounting. * Certification: CPA Preferred. * Experience: Years - Minimum of 3 years of accounting related experience. * Industry - Banking or accounting related experience required. * Managerial - Supervisory experience preferred. * Computer/Technical: Proficient in advanced spreadsheet applications such as Excel, Microsoft Word, etc. * Other Skills: Excellent analytical, leadership, team building, communication and interpersonal skills. * Experience with accounting topics and auditing standards, SEC reporting, project management.