Wolters Kluwer Functional Consultant in Colonie, New York
Functional Implementation Consultant - 17-17608
Governance, Risk & Compliance (GRC) is a division of Wolters Kluwer that provides a broad spectrum of solutions, services and expertise to legal, finance, risk and compliance professionals and small business owners to help manage myriad governance, risk and compliance challenges in dynamic markets and regulatory environments, globally. GRC Solutions serves more than 350,000 customers in more than 150 countries, including 70% of Fortune 500 companies, 92% of the world's top banks, 90% of the Am Law 100 and more than 300,000 small businesses. The division has a global footprint, with workforce in 28 countries. Our clients include corporate legal departments, insurers, small businesses, financial services companies, brand professionals, underwriters, governments and compliance and risk professionals.
- You will participate in implementation projects by providing functional expertise through specialized workshops on regulatory reporting, banking and financial products. Clients are located internationally and projects may also be part of a multi country implementation. * You will develop and maintain expert knowledge of the US GAAP product, services and markets including features, benefits, intended use and competitive position by maintaining an expert knowledge of industry standards, methodologies, processes, and best practices; understanding business opportunities, by establishing and maintaining competence in all current and planned versions of products in the relevant domain area; by researching and learning how the products fit into client processes and contribute to their business performance; by maintaining knowledge and awareness of current regulatory requirements, pending regulations, and their potential impact on the industry; by monitoring industry trends and emerging practices in the FRR (Finance, Risk & Reporting) market by actively participating in client implementation projects. * You will contribute to pre-sales and marketing activities such as product demonstration, RFI, RFP as well as address business and regulatory issues raised during meetings. * You will contribute to Product Management in the analysis of USGAAP requirements, help writing design specifications in order for Product development to make the necessary changes to the current & future modules: CELC calculations and accounting (+link to regulatory reporting like CALL report, FR Y-9C...), Subledger, Hedge Accounting, Consolidation, Budgeting, Performance & Forecasting (BP&F) and other USGAAP initiatives. * You will be working on a project-based implementation at the client's site, you will assist the customer in defining and analyzing his requirements, translate the client's requirements into functional specifications, implement and test our solutions and assure a constant follow-up and evaluation. * You will play an advisory role towards our clients. You will use your knowledge and expertise trough the different projects by advising on our standard and/or customized solutions. * You will be the first contact point of the customer for functional related (content) questions. * Implementation of the product will be done by following the implementation methodology based on Prince2. You will report to the project manager of the project you are allocated to. * You will be responsible for the quality of the functional part of the implementation, including the implementation work done by yourself and by the junior functional consultants. * You will work closely together with the end user and give trainings in order to guarantee a smooth handover of the implemented software modules. * You will deliver input to your project manager regarding all project related items for your area (e.g. planning, progress, deliverables, risk & issues, ...). * You will participate in status meetings where you will report on progress made. * Give training on accounting and regulatory topics to colleagues and consultants Other Duties: * Together with the customer, assess and identify the Financial requirements a bank needs to comply with * Analysis and development of Accounting policies using OSX for Finance to fit the customers' needs * Effectively provide updates and communicate key initiatives to the Finance department of the bank
Minimum Experience: Education: * Master degree in Economics, Business Economics or Business Engineering * CPA highly preferred Minimum Qualifications Minimum of 5 years in a banking or regulatory environment (FED) Preferred Knowledge, Skills, Abilities or Certifications (includes minimum) Strong interest, experience and/or knowledge of the financial industry (accounting principles, financial instruments, ...) USGAAP accounting knowledge (good understanding of latest ASU's) is a must Experience: Experience with banking regulations such as CECL is an asset Knowledge about general and sub ledger systems, accounting and risk management in a banking context Additional knowledge within Financial Risk Management and Regulatory Calculators is a plus Ability to work in a dynamic, agile project environment under time-sensitive deadlines Experience and knowledge concerning software development practices such as Scrum Sound technical background or eagerness to learn about relational databases and query languages Good knowledge of Microsoft tools Database and SQL knowledge is a plus Customer- and service-minded with excellent communication and presentation skills Ability to work in customers-facing roles and to create and maintain excellent relationships with them ABOUT WOLTERS KLUWER Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
ABOUT WOLTERS KLUWER
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
EQUAL EMPLOYMENT OPPORTUNITY
Wolters Kluwer U. S. Corporation and all of its subsidiaries, divisions, and customer/business units is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
For any assistance with your application for this job opening, please call the HR Source at (888) 495-4772 or email HRSource@WoltersKluwer.com. TTY is also available at 888 (495) 4771.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled