The GRR US Regulatory Reporting team ensures completeness, accuracy and timely submission of key reports to the US Regulators. This also includes ensuring the processes are executed and documented in a consistent manner.
Responsibilities
- Hands-on with preparation processes and ensure the production outputs are accurate, timely, complete, adherent and relevant
- Understand control framework, products, changes in business impact to outputs
- Engage with data providers to confirm the reporting requirements are clear
- Drive operational excellence by coordinating with upstream and downstream partners to ensure holistic efficiencies
- Identify issues and isolate the drivers to define remediation path along with compensatory controls
- Participate in efforts to streamline processes and make better use of emerging technology
- Interact as needed with teams across the bank, including various Lines of Defense, external agencies, and other control groups
- Assist in execution of GRR Governance and Control priorities such as spreadsheet controls implementation, training, reporting of metrics, regulatory change management
Skills & Qualifications
- Chartered Accountant or post-graduate degree in finance with good grasp on technology/data
- B.E. or B.Tech with industry accredited finance certification
- Broad understanding of bank products (loans, securities, cash)
- Solid understanding of deposits
- Hands-on experience with FFIEC-031 RC-O (Call Report), FRY-9C, FR2900, FR2420 and Summary of Deposits reports
- Well versed with Reporting tools like Axiom and regulatory instructions
- Strong technical skills; advanced knowledge of Microsoft Suite (Excel, Word, PowerPoint)
- Ability to work with stakeholders across teams, build consensus and execute strategic objectives
Experience
- 7+ years of which at least 2 years in relevant roles i.e. Regulatory reporting production, product controller, risk management etc.
- Knowledge of US regulatory reporting is preferred