JOB SUMMARY
Under supervision, responsible for accounting and financial and federal regulatory reporting functions of the Bank, Bancorp and Subsidiaries adhering to policy/procedures and ensuring compliance with banking regulations. Complies with all regulations which apply within the scope of the position, including Bank Secrecy Act.
DUTIES
- Assist Controller in month-end closing and consolidation, including general ledger reconciliations and preparing journal entries.
- Prepare advanced spreadsheet reconciliations and reports for balancing the Bank’s loan and deposit system to the general ledger, including ensuring any reconciling items are addressed and reported accurately on Regulatory Reports, Internal Board Reports and SEC reports.
- Prepare accounting schedules to support the consolidated financial statements and notes to consolidated financial statements for SEC filing as needed.
- Collect and maintain records for the Bank’s monthly certification process including gathering and reviewing certifications from other departments to ensure accuracy and completeness, and reporting on aged items.
- Prepare monthly risk-based capital ratios calculation for Bank and Bancorp consolidated
- Prepare and file all federal regulatory reports, including Call Report, Y9C, Y9LP, Y11, Y6, Y8, Y10 on a quarterly and annually basis.
- Work with all outside auditors, regulators, and consultants as needed.
- Perform other duties as assigned.
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QUALIFICATIONS
EDUCATION: Bachelor’s degree in Accounting or Finance
EXPERIENCE: Minimum three years of bank accounting experience and filing Call Report and FR-Y Report; thorough knowledge of banking regulations, GAAP and regulatory requirements; Ability to assist and motivate staff.
SKILLS/ABILITIES
- Advanced Spreadsheet skills required.
- Detail oriented with strong problem-solving skills.
- ITI/Fiserv and Prologue experience a plus.
- Ability to assist and motivate staff.
- Strong verbal and written communication skills.
- Bilingual (English/Mandarin) is a plus.
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Applicants must be authorized to work in the United States without the need for visa sponsorship now or in the future.
WHY WORK FOR US?
Since opening our first branch in Los Angeles in 2008, Royal Business Bank (RBB) has grown rapidly by adding branches in Southern California, Nevada, New York, New Jersey, Chicago, and Hawaii. We offer a comprehensive and innovative suite of banking services for individuals and businesses. We have great benefits that include, but not limited to:
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Disability insurance
Royal Business Bank is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, protected veteran status, disability status, sexual orientation, gender identity or expression, marital status, genetic information, or any other characteristic protected by law.
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Referral program
- Vision insurance
Work Location: In person
