Country Financial Regulatory Reporting
Bangalore/ Chennai
- Ensuring alignment with country stakeholders on the development and execution of country specific strategic goals regarding Capital / Liquidity & IRRBB / other Country Financial Regulatory Reporting (FRR)
- Identifying and implementing best practices to enhance reporting efficiency and accuracy
- Understanding and articulating country specific regulatory requirements, including but not limited to the Basel Framework (Basel II, III and IV), capital/liquidity/FRR metrics computation and methodologies, and regulatory parameters and key drivers
- Understanding banking products and country specific business context and correlating these to local regulatory reporting
- Translating relevant regulatory requirements into business and functional requirements and driving the discussion with country stakeholders across Finance, Treasury, Risk, Data, IT and the Business for ongoing compliance in local regulatory reporting
- Maintaining effective communication with stakeholders to understand their requirements and queries and provide necessary execution and consultation support
Processes
- Ensuring accurate and timely submission of all required local regulatory returns to relevant senior stakeholders and/or regulatory authorities where appropriate
- Ensuring the operational efficiency, accuracy and completeness of the reports are monitored with appropriate KPIs
- Establishing robust governance and controls for the reporting process including the requirements to manage report quality and operational control. This includes expected data quality monitoring required in the reporting standards for regulatory reporting
- Continuously striving for process optimization to enhance production efficiency and reduce errors
- Leveraging technology and automation tools to streamline reporting processes
- Supporting the transition of changes into BAU effectively that is aligned with the Bank's regulatory and technology objectives
.Qualifications
*Training, licenses, memberships and certifications: Refer to myHR for further guidance
- MBA (Fin) or Master's in finance / Accountancy / Economics or affiliated subjects
- Undergraduate degree in Science / Engineering / Commerce
- Chartered Accountant: Risk Management or related Professional Certification will be an added advantage
- Minimum of 8 to 15 years preferably in Financial Regulatory Reporting
- Strong knowledge of Capital & Liquidity regulations and metrics; Proficient in analytics to drive deep understanding of Capital & Liquidity; Collaboration mindset; able to deliver solutions to improve BAU
Skills and Competencies
*Technical
- Understanding of the bank's products and services with specialization in at least one of FM, CIB, or Treasury products
- Financial Reporting skillsets & experience
- Fundamental understanding of Balance Sheet Management
- Regulatory reporting experience
- Conceptual knowhow of Balance Sheet Management metrics and its calculation methods Liquidity, IRRBB, Capital
- Robust understanding of the Regulatory Framework associated with FINREP, COREP, Liquidity and IRRBB reporting (e.g., Basel framework, country regulatory reporting taxonomy)
- Understanding of IFRS Accounting
Soft Skill
- Very good written and verbal communication skills
- Ability to engage with senior stakeholders
- Excellent Interpersonal Communication
- Strong Business Writing skills
Technology orientation (what will give the candidate an edge
- Knowledge of Python
- SQL Platforms
- Knowhow in deploying AI and ML solutions to mechanise processes and achieve scale
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