AVP - Regulatory Reporting - BFSI

Position : AVP Regulatory Reporting

Location : Chennai

Shift Time : 6 am to 12 am (any 8 hrs shift in b/w) -pickup and dropping facility is available

Exp : 10-15 yrs

CTC : 17-27 LPA

Job Description :

Profile and Service Delivery KPIs

- SME for various aspects of PRA RWA Reporting across Pillar1, Pillar3, CoRep and FDSF.

- 10 Years experience in Regulatory Reporting around production, operational review, analytical review, commentaries and submissions.

- Proven track record of leading teams (15) in the Regulatory functions.

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

- 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

- Maintain high level of employee engagement.

- Effective communication with team members on organisational strategy and goals required for respective roles and responsibilities.

- 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).

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

- Any process re-engineering must comply with the applicable control environment

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

Customers / Stakeholders :

- Group/ HNAH Regulatory Reporting team

- PRA

Other internal customers :

Operational Effectiveness & Control :

- Adherence to Group policies, audit, controls, and compliance requirements including but not limited to Declaration of secrecy, data protection act, health, safety and security, clear desk policy

- Effectively drive change and achieve cross-training

- The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.

- Ability to prioritize and plan work in an efficient manner.

- Ensure seamless delivery on all the process level activities within timelines and maintain high quality standards. Focus on controls and continuous process improvements.

Understand Business Partner expectations / requirements ensure alignment to GFO objectives and deliver. Manage / Support business partner relationship effectively.

Skills/Experience Required :

- Qualified accountant( CA/ICWA) or MBA Finance from a reputed institute with 9-12 yrs. or M.com or equivalent degree with 12-15 yrs. experience in Reporting/ Analysis

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

- Good understanding on Retail and Commercial Products and NCCR calculation.

- Experience that demonstrates ability to learn and apply complex/technical rules/frameworks, for example Basel 2, product/model valuation etc

- Previous employment with a Financial Institution

- Experience working in/with an organisation 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

Prerna