AM - Finance Ops - Regulatory Reporting

Assistant Manager - Finance Operations (Regulatory Reporting)

MNC Bank KPO

Location-Hyderabad,India

- Principal Accountabilities KPI and Targets

- The quality of the Reports generated must be to a very high standard. The RWA reporting framework that exists is critical to the sustainability of the bank's business.

- The bank operates to very strict reporting timetables, driven by external regulators deadlines. Report Submission MUST adhere to the timetable set out by GMO Regulatory Reporting

- Coordinate and support Regulatory Reporting team, provide guidance and act as subject matter expert (SME) with regard to RWA reporting under BASEL norms

- Drive performance to agreed service levels and manage customers’ expectations in a timely and professional manner.

- Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism.

Adherence to Group policies, audit, controls and compliance requirements. It is imperative that the role maintains a highly effective SOX-compliant control framework.

- Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).

- The role will need to manage accordingly to ensure that sufficient numbers of capable staff are in place to deliver to reporting requirements.

- Continually assess the operational risks inherent to the process, taking account of operating procedures, staff movements, legal & regulatory requirements

- Ensure BCP plan is documented, agreed with Business Partners and tested for all the processes as agreed

Typical KPIs and Targets

- No material post submission errors identified. Full, accurate and timely explanations provided of data reported.

- No Late Submissions

- Clearly documented and communicated deliverables schedule finalized in advance of reporting periods, such that performance can be measured.

- Satisfactory feedback from customers during reporting period and subsequent de-briefs.

- Feedback from customers on team and individual members’ performances.

- Plan and improved process times whilst maintaining high level of service delivery, and positive feedback from customers on the demonstrated skill level of team (as evidenced by the speed and quality of their planned work and ad-hoc requests)

- No control deficiencies identified during external/internal audit review, or reviews conducted by Group Internal Audit or other regulatory audits.

- No negative impact on quality or timeliness of data submissions, or the control framework from operational deficiencies.

- Satisfactory rating in Internal Audits

QualificationsQualifications

Skills/Experience Required

BCom /M Com/ CA(Inter)/ CWA (Inter): 4-7 years of work experience CA/CWA/MBA: 2-6 years of work experience

- Excellent communication skills, including experience of explaining complex technical matters simply and succinctly

- Team management experience,

- Good understanding on derivative products underlying risk assessments viz., market risk, credit risk & operational risk.

- Knowledge in Marcos will have an added advantage

- Experience that demonstrates ability to learn and apply complex/technical rules/frameworks, for example IFRS, Basel 2, complex tax or other legislation, product/model valuation etc.

Desired:

- Previous employment with a Financial Institution

- Experience working in/with an organization that handles complex products (i.e. complexity of accounting, valuation, reporting, risk assessment etc.)

- Experience of working with colleagues cross-border in a multinational organization

- Working/detailed knowledge of Operational framework/rules

Shift - Day Job

Please mark subject line as 'Assistant Manager - Finance Operations (Regulatory Reporting)' and mail to arvind@leadsearch.biz

Please mention current CTC & notice