Bank Controller

Overview

A financial technology organization transitioning to a fully regulated insured depository institution is seeking a Bank Controller. This leadership role reports directly to the Corporate Controller and is responsible for building and owning the accounting function for the banking entity. The position involves designing policies, processes, systems, and leading a team to support regulatory compliance and operational build-out.

Responsibilities

Bank Accounting Infrastructure

• Design and implement the Chart of Accounts, general ledger structure, and subledger architecture aligned with call report and regulatory requirements.
• Establish bank-specific accounting policies covering investment securities (ASC 320/326), loan accounting, interest income accruals, ALLL/ACL methodology, and fee recognition.
• Develop the bank's financial close process and reconciliation framework.

Regulatory and Call Report Compliance

• Lead preparation of FFIEC Call Reports (FFIEC 031/041), FR Y-9C, and other quarterly regulatory financial submissions.
• Act as the primary accounting subject matter expert during regulatory examinations (OCC, FDIC, Federal Reserve), managing examiner requests and remediation.
• Implement and maintain the bank's accounting policy manual in compliance with GAAP, regulatory guidance, and safety and soundness standards.
• Collaborate with Treasury on ALM reporting, liquidity coverage ratios, and interest rate risk disclosures.

Financial Reporting and Controls

• Review standalone GAAP financial statements for the bank entity, including balance sheet, income statement, and notes.
• Design and operationalize the bank's SOX/SOC controls environment in partnership with internal audit and holding company controller functions.
• Lead the bank's relationship with external auditors, coordinating annual audits and interim reviews.
• Establish and maintain reconciliation controls for deposits, loans, investments, intercompany balances, and suspense accounts.

Team and Systems Build-Out

• Partner with Finance Systems and Engineering to implement or configure the bank's core accounting system to support regulatory reporting and audit requirements.
• Define data flows between the bank's core banking system, Double Entry Ledger, and consolidated reporting infrastructure.
• Collaborate cross-functionally with Legal, Compliance, Risk, Treasury, and Product teams to support new product launches and regulatory timelines.

Requirements

• 10+ years of progressive accounting experience with significant banking exposure.
• Deep knowledge of bank regulatory accounting, including Call Report preparation and GAAP application for insured depository institutions.
• Strong technical accounting skills in investment securities (ASC 320/326), credit losses (CECL/ASC 326), interest income, and intercompany accounting.
• CPA certification required.

Preferred Qualifications

• Experience with OCC, FDIC, or Federal Reserve examinations in an accounting or controllership role.
• Hands-on experience building or transforming a bank accounting function, or involvement with a de novo bank charter, bank acquisition, or bank conversion.
• Background in Big Four public accounting with a financial institutions practice.

Compensation & Benefits

• Competitive total rewards package including base salary, equity (stock options/RSUs), and benefits.
• Salary ranges for new hires:
  • US employees in New York City, Los Angeles, Seattle, or San Francisco Bay Area: $199,900 - $249,900
  • US employees outside these metro areas: $179,900 - $224,900
  • Canadian employees (any location): CAD 189,000 - 236,200

Location

• Positions available in major US metro areas including New York City, Los Angeles, Seattle, and the San Francisco Bay Area, as well as other US locations and Canada.

Equal Opportunity

The employer is an Equal Employment Opportunity organization committed to diversity and inclusion. All applicants are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, sexual orientation, or any other legally protected characteristic. Reasonable accommodations are provided throughout the recruitment process for applicants with disabilities or special needs.