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Manager, Regulatory & Financial Reporting, Budgeting and Compliance

Barnum Woods, New York, 11554, United States
August 22, 2018

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Dynamic financial specialist holding vast experience within accounting teams including the following:

Financial reporting of balance sheets and income statements for internal management

Regulatory reporting to all local regulatory bodies including the FRB, NYS, OCC, BEA & CIMA

Managed budgeting team as well as accounts payable functions

Audit and Compliance experience within the scope of all Financial and Regulatory reporting

Extremely detail oriented with focus often concentrated at month, quarter and year end

Proactive approach with a professionally polished and genuinely likable personality

Work Experience:

Scotiabank – New York, NY ($100 billion in Assets)

Financial Reporting Manager Feb 2014 to present

Manage required regulatory reports for bank including the Federal Reserve Bank of NY’s Call report FFIEC-002, Country Exposure report FFIEC-019, Treasury International Capital TIC series reports, Assets & Liabilities report FR-2644, Transaction Report FR-2900, the Pledged Assets FCBD 1008 for the DFS, and all Department of Commerce BEA reports including the BE-15, BE-605 and BE-185 reports

Oversee Balance Sheet and Profit and Loss compilations including policies and procedures, general ledger account set-up, variance analysis and monthly close of all financial reporting

Coordinate accurate and timely submission of detailed liquidity reports to FRB and home office

Stress Testing experience, compiling and analyzing varied data for FRB and Internal requirements

Work with CFO and Executive Directors to complete various system tests for financial reporting

Interact with all regulatory report matters pertaining to the Federal Reserve Bank, Department of Commerce, and NYS Banking Department

Royal Bank of Scotland – Stamford, CT Jan 2013 – Oct 2013

Regulatory Reporting Vice President

Managed all regulatory reports for several bank entities

Updated existing Policies and Procedures manuals

Reported variances to senior management on all regulatory submissions

Compliance officer for regulatory reporting function and process

Regulatory and Financial Reporting (Consultant work) Oct 2011 – Dec 2012

(Rabobank / Credit Industrial and Commercial / Lloyds Bank)

Preparation of all regulatory reporting filings and daily customer reconciliations

Assisted in parallel run testing for new regulatory reporting systems

Assembled procedure backup for regulatory reporting bodies

Westpac Banking Corporation - New York, NY (20 billion in Assets) 2007 - 2011

Associate – Regulatory and Financial Reporting

Responsible for all U.S. branch regulatory reports required for the FRB of NY, NYS Banking Department, U.S. Department of Commerce. Reports included the FFIEC-002 (Call Report), FFIEC-019 Country Exposure Report), BE series (Department of Commerce) reports, TIC (Treasury International Capital Reports), FR2644 (Weekly report of Scheduled Assets and Liabilities), FR2900 (Weekly Transaction Report), FRY7 (Annual Report of Foreign Banking Organizations), FRY7N/S/Q (Quarterly Report of Non-Bank Subsidiaries), AC2709 (Pledged Assets), as well as Capital Adequacy reports

Monitored daily variances in balance sheets, Profit and Loss statements and market valuation analysis

Regulatory Reporting Project Manager, analyzing new and projected new products or reports for proper reporting, by comparing the product and credit application versus each reports instructions, stating intended report destination, and writing all reports Policies and Procedures

Andrew Tufano – Page 2

Depfa Bank Plc, New York, NY (8 Billion in Assets) 2004 - 2006

Regulatory Reports Officer / Associate

Prepared and analyzed financial reporting for internal and external senior management incorporating detailed balance sheet and profit and loss statements, including variance analysis of daily fluctuations.

Managed and reviewed all US regulatory reports due to the Federal Reserve Bank of New York, N.Y. State Banking Department, U.S. Department of Commerce, senior management and external audit teams

Reports included the FFIEC-002, FFIEC-019, BE-605, TIC treasury reports, FR-2900, FR-Y7, FRY-7N/SQ, Pledged Assets for the DFS and Daylight Overdraft, Capital Adequacy and Risk Capital reports

Supervised staff and assisted A/P and in writing the accounting department’s policies and procedures

Coordinated all regulatory audits by providing data and backup information as requested

Dexia Credit Local, New York, NY (6 Billion in Assets) 1995 - 2004 Financial Control Manager, AVP (Promoted from Budget Manager in 2000)

Managed all regulatory reports for the Federal Reserve Bank, N.Y. State Banking Department and US Department of Commerce along with Abandoned Property reporting for the Comptroller of the State

Compiled various financial statements for senior management

Manager and preparer of budget process for seven profit centers compiled in extreme detail, entailing the portfolio of commitments, revenues and expenses through Excel spreadsheets, along with completing variance analysis work for actual versus budget figures on an ongoing basis.

Responsible for A/P function from invoice approval to subsequent payments to venders

Project Manager for new businesses development for regulatory and financial reporting purposes

Actively acted as departments Compliance Officer, controlling the Department’s regulatory reports for accuracy and timely submission to regulatory bodies by reviewing spreadsheets, variances and receipts

Wrote extensive pages of regulatory and accounting policies and procedures

Postipankki, New York, NY (1 Billion in Assets) 1991 - 1995

Accounting and Money Market Assistant Manager

Prepared various complex financial reports for local and head office authorities

Analyzed profitability and market valuations for varied front office products

Trained a team of 4, including the loan and accounting functions

Westdeutsche Landesbank, New York, NY (3 Billion in Assets) 1990 – 1991

Accounting Supervisor

Monitored derivative product profitability, including Loans, Swaps, CMO’s, Futures, Options and Securities totaling extensive trades, comparing each products P&L versus prior day or period for any fluctuations

Prepared financial reports for management and external authorities on complex spreadsheets

Assisted the Controller with budget process incorporating six profit centers entailing analysis of results


Almeda University- Boise, Idaho 2005 - Bachelor degree in Business Administration

LaGuardia College - Long Island City, NY 1989 - Associate degree in Business Management

American Institute of Banking - New York, NY 1986 - Certification in Banking & Business

Computer Skills:

Microsoft Excel, Access and Word, Midas, S.A.P., OG, Summit, MAS90 and Bloomberg usage

Hands on knowledge of Lombard Risks Regulatory Reporting software (previously Idom)

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