The Quality Assurance and Regulatory Governance team is responsible for ensuring governance and oversight of regulatory reporting process. The team performs Quality Assurance reviews including process & controls testing, testing the conformity of reported data with reporting instructions and gathering, sampling, understanding, and testing the data to ensure data quality for various regulatory reporting purposes. The team partners closely with the Regulatory Report owners, Technology, Data Governance, and other stakeholders to perform the review and ensure robust governance.
Responsibilities-
The team is looking resource to support QA reviews and ensuring governance of regulatory reporting processes.
The job would entail the following activities:
Perform process & control review to identify control gaps and improvement opportunities,
and transaction testing, share findings, and monitor closure.
Support regulatory reporting to ensure compliance with the reporting guidelines issued by regulators.
Understand the master and ref erence data to be used across operational and reporting processes.
Ensuring effective governance by performing the QA periodic process certification and control testing activities
Ensure compliance with internal policies and procedures .
Collaborate with regulatory reporting, technology, data governance, service management, teams to ensure the quality assurance over the regulatory reporting processes.
Participate in standardization and continuous improvement initiatives within the team as we'll as other business partner initiatives.
Support compliance with Regulatory Reporting Governance policy and prepare key metrics.
Support team in various assurance and regulatory governance activities by QA team eg, Regulatory Reporting Error Framework, Cross Report Reconciliation Framework, Regulatory Reporting Risk Assessment Framework and Regulatory Reporting Item Log Framework.
Experience
Experience in Quality Assurance of Reporting, U.S. Regulatory Reporting
Data analytics, data controls and understanding of data transformation logics.
Knowledge of financial reporting, banking products and Auditing is a plus.
Academic Background
At least 2+ years experience in Accounting/Reporting
- PG in commerce/ MBA / Chartered Accountant a plus
- Prior experience with U.S. regulatory/SEC reporting or public accounting a plus.
Functional Skills/Capabilities
Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc
Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
Self-driven, team player, have analytical skills and inclination for process improvement.
Technical Skills
Able to understand and enhance the governance around regulatory reports.
Strong analytical and problem-solving skills. Quick learner.
Knowledge of Platforms
MS Office suite (MS Excel, MS Word, and MS PowerPoint).
Oracle, Essbase and RRA (Regulatory Reporting Automation).
SharePoint and Power Platform is plus.
SQL queries and understanding of database management is a plus.
Behavioral areas
Enterprise Leadership Behaviors
Set The Agenda : Define What Winning Looks Like, Put Enterprise Thinking First, Lead with an External Perspective
Bring Others with You : Build the Best Team, Seek & Provide Coaching Feedback, Make Collaboration Essential
Do It the Right Way : Communicate Frequently, Candidly & Clearly, Make Decisions Quickly & Effectively, Live the Blue Box Values, Great Leadership Demands Courage
We back our colleagues and their loved ones with benefits and programs that support their holistic we'll-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:
- Competitive base salaries
- Bonus incentives
- Support for financial-we'll-being and retirement
- Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
- Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
- Generous paid parental leave policies (depending on your location)
- Free access to global on-site we'llness centers staffed with nurses and doctors (depending on location)
- Free and confidential counseling support through our Healthy Minds program
- Career development and training opportunities
