QA Fed Reg Reporting Tester

Role Responsibilities

• Testing and Validation of Regulatory Reports
  • Conduct thorough testing of Axiom regulatory reporting solutions by comparing outputs with current Production processes and End User Computing (EUC) calculations to ensure data precision, completeness, and adherence to regulatory standards.
  • Perform detailed checks on report outcomes, identify discrepancies, and collaborate with business and technology teams to address these issues.
  • Ensure the accuracy of regulatory schedules, line items, calculations, and supporting data throughout various reporting cycles.
  • Evaluate and challenge business requirements, functional specifications, mapping documents, and testing scenarios to confirm comprehensive coverage of regulatory reporting needs.
  • Create, execute, and document test strategies, cases, scripts, and evidence to support System Integration Testing (SIT), User Acceptance Testing (UAT), parallel testing, and production readiness activities.
  • Manage defect activities, including triage, impact assessment, prioritization, retesting, and validation of corrective actions.
• Expertise in Regulatory Reporting
  • Exhibit strong knowledge of client and regulatory reporting requirements, focusing primarily on FR Y-9C and FFIEC 002.
  • Interpret regulatory guidelines and reporting needs, translating them into actionable testing and validation scenarios.
  • Understand methodologies, balances, attributes, products, and classifications relevant to banking and financial institutions.
  • Assess the implications of regulatory changes, data sourcing updates, and modifications in reporting logic on report outputs and downstream processes.
  • Ensure reports are generated in line with regulatory guidance, governance standards, and internal controls.
• Proficiency in Axiom and Data Analysis
  • Have extensive hands-on experience with the Axiom regulatory reporting platform, including investigating report logic, business rules, and calculation methods.
  • Analyze Functional Specification Documents (FSDs), mapping documents, and data transformation logic to validate report design and implementation.
  • Trace data lineage from source systems through transformations and reporting layers to identify data quality issues and reporting impacts.
  • Demonstrate a deep understanding of critical regulatory reporting data elements, attributes, reference data, hierarchies, and calculations.
  • Conduct detailed data analysis using SQL, Excel, reporting extracts, and reconciliation techniques to verify reporting accuracy and identify anomalies.
• Collaboration and Communication
  • Work effectively with Regulatory Reporting (FRR), Finance, Technology, EDMO, Data Management, PMO, and external consulting teams to drive testing and implementation activities.
  • Lead discussions with stakeholders to explain testing results, reporting impacts, root causes, risks, and remediation plans clearly and concisely.
  • Translate complex technical and regulatory concepts into business-friendly language for executive and senior management audiences.
  • Facilitate working sessions, issue resolution meetings, defect reviews, and status updates across multiple stakeholder groups.
  • Build strong relationships across business and technology organizations to ensure alignment and timely delivery of project objectives.
• Problem Solving and Execution
  • Exhibit exceptional analytical and critical-thinking skills, with the ability to investigate complex reporting issues and develop practical solutions.
  • Independently drive issue resolution efforts through coordination, analysis, testing, and validation activities.
  • Identify process improvement opportunities and recommend enhancements to reporting controls, automation, testing methodologies, and operational procedures.
  • Exercise sound judgment when evaluating risks, reporting impacts, and regulatory compliance implications.
  • Maintain a strong attention to detail while balancing strategic objectives and delivery requirements.
• Adaptability and Change Management
  • Excel in a dynamic environment with shifting priorities, multiple deliverables, and evolving regulatory requirements.
  • Show flexibility and adaptability when responding to changing project timelines, business priorities, and stakeholder needs.
  • Quickly assess impacts of new requirements, regulatory changes, production issues, and implementation activities while maintaining delivery commitments.
  • Effectively manage competing priorities across multiple initiatives while ensuring high-quality execution and attention to detail.
  • Support critical project milestones, regulatory submission deadlines, testing cycles, and production releases under tight timelines.
• Leadership and Accountability
  • Take ownership of assigned workstreams and deliverables from requirements analysis through testing, validation, and implementation.
  • Proactively identify risks, issues, dependencies, and roadblocks and escalate appropriately with recommended mitigation strategies.
  • Promote a culture of accountability, collaboration, and continuous improvement across project teams.
  • Serve as a trusted subject matter expert for regulatory reporting testing, data validation, and Axiom implementation activities.
  • Deliver high-quality results while maintaining strong governance, documentation standards, and regulatory compliance expectations.