Senior Analyst, Regulatory Reporting

Job Description

Value Preposition

• Exciting opportunity to be part of the external Regulatory Reporting team with exposure to work on various reports.
• Explore and drive the process automation projects across the entire Regulatory Reporting function as well as get a chance to work on multiple Projects and remediation programs.

Job Details

Position Title: Senior Analyst

Career Level: P2

Role Type: Hybrid

Job Location: Bangalore

About the Team:

Regulatory Reporting team covers functions such as Call Report, Y-9C, TIC Reports, 2900 and 2052a etc along with handling multiple projects and remediation programs. The team interact with multiple functions such as IT, Data and Line of Business.

Impact

Senior Analyst Regulatory Reporting, who will be responsible to work on Bank's regulatory reports in compliance with legal and regulatory requirements, company policies and procedures, and generally accepted accounting policies as well as apply understanding of current report production process and requirements to drive automation of report production in associated reporting tools. The candidate will be part of the External Regulatory Reporting Group.

Key Deliverables

• 2900, 2915, TIC, BEA Reports, 2052a – (Daily/ Monthly/ Quarterly/Annual)
• FFIEC 031 & FR Y9C – Deposits, Income statement & Balance Sheet reports
• Deposits and Loans reporting across multiple reports.
• Implementation of Large Financial Institutions (LFI) reports onto strategic end mile reporting tool like AXIOM or similar platforms.
• Issue management, project management and key metrics for periodic updates to stakeholders.
• Assess, develop and maintain proper controls, robust documentation, and change management approach for all reporting areas – automated and manual – associated with regulatory reporting function.
• Communicate issues with appropriate data owners. Monitor and track issues to ensure timely and appropriate resolutions are achieved.
• Partner with Financial, business subject matter experts, other analysts and developers to ensure requirements are captured appropriately and solutions implemented adequately to address the business needs.
• Stays current on new and evolving regulatory reporting requirements, assess impact and ensure compliance for accurate reporting.
• Participate in projects as required for new initiatives, process improvements or technology implementation and development. Participate in bank examinations and internal and external audits.

Skills and Qualification

Functional Skills:

• Must be aware of various banking products especially should have deep knowledge of Deposit products and related schedules.
• Strong background on various reports related to Deposits like 2900, 2915, TIC reports etc.
• Good to have understanding on Liquidity Reporting (2052a).
• Should be able to analyze data using SQL queries.
• Self-starter and ability to deliver with limited training & oversight.
• Ability to research and propose company positions on complex accounting and reporting issues.

Technical Skills:

• Working experience with SQL queries.
• Strong Microsoft Office skills, including advanced skills in Excel and PowerPoint.
• Strong AXIOM knowledge & project management skills will be an added advantage.
• Good knowledge on visualization tools such as Tableau and Power BI.
• Hands-on experience in implementation of automation tools to optimize reporting processes.
• Knowledge on US GAAP and accounting policy.

Relationships & Collaboration

• Reports to: Senior Manager, Regulatory Reporting
• Partners: Cross functional teams such as Regulatory Reporting, SEC Reporting, Finance IT, Finance Data, Lines of Business.

Accessibility Needs

We are committed to providing an inclusive and accessible hiring process. If you require accommodations at any stage (e.g. application, interviews, onboarding) please let us know, and we will work with you to ensure a seamless experience.