Job
Description
About The Role :
Job Title
Regulatory & Cross Product Operations -
Associate
LocationBangalore, India
Role Description
As part of the Regulatory & Cross Product Ops (RCP) team, you will be responsible for understanding and monitoring various US Regulations as well as tactical and strategic analysis and remediation of Regulatory accounts impacting clients eligible for specific US Regulations.Youll support and contribute to daily monitoring and control reporting for various US Regulations along with being part of a team that works in close partnership with various stakeholders such as Compliance, Legal and the Client Lifecycle Management (CLM) on-boarding teams.
What well offer you
As part of our flexible scheme, here are just some of the benefits that youll enjoy,Best in class leave policy.Gender neutral parental leaves100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationEmployee Assistance Program for you and your family membersComprehensive Hospitalization Insurance for you and your dependentsAccident and Term life InsuranceComplementary Health screening for 35 yrs. and above
Your key responsibilities
Fully understand and be able to provide knowledge ownership of US regulations, such as, CFTC Dodd Frank, SEC Swap Based Securities Dodd Frank, Volcker, Reg W, FINRA 2111, FINRA 4210, Reg D/QIBs, Foreign Bank Certificates, 15a6 and Reg O Business Management etc.Work with Compliance and Legal on exception and/or escalations cases and see them through to completion.Review and QA sample of Run-the-Bank (RTB) cases to ensure regulations are being implemented correctly.Management of daily control reports which includes working with offshore teams to investigate and analyse the exceptions, identify remediation steps, and follow up with internal or external stakeholders until exceptions are resolved.Responsible for creating and/or updating Key Operating Procedures and incorporating new regulatory changes as neededWork with Client Onboarding (COB) team members when exceptions are identified to see through resolutionTraining of COB team members for any new regulatory changesBe able to identify and raise up risk items to management
Your skills and experience
Motivated and self-starter is a mustAbility to think not only in black and white but also be able to think analytically in grey areas by utilizing resources at hand (i.e., Key Operating Procedures, reading through regulations etc.)Ability to work in a non-structured environment, knowing what task the next priority is without being told.Knowledge/exposure of US regulations within an operational or control department within a banking environment, or within a similar operational regulatory functionKnowledge and/or experience in a financial institution. Understanding of the workings of an investment bank and the lifecycle of a trade is a plus.Knowledge of Client Onboarding and Regulators is a plusAbility to identify issues and assess root causes and provide solutions with a proven level of analytical, problem solving and resource planning skills
Skills That Will Help You Excel
Knowledge of MS suite of products, including the ability to use basic Excel functions such as pivot tables, VLOOKUPs, etc.Competent business user of MS products and Outlook. Internet liberate to enable online searches. Must know MS Excel. Knowledge of Markit ISDA Amend is a plusKnowledge of Reference Data Systems and Regulations along with product and end-to-end system knowledge is a plus
How well support you
Training and development to help you excel in your career.Coaching and support from experts in your team.A culture of continuous learning to aid progression.A range of flexible benefits that you can tailor to suit your needs.
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
