Liquidity Reporting

Job Description:

Principal Accountabilities KPI and Targets:

Impact on the Business:

- Ensure service delivery of IRR reports as per the standards set out within operating framework taking into account key operational risk (including people & processes) and ways to mitigate those

- Understand business requirements and interpret data to provide meaningful analysis to facilitate business decision-making

- Analyse business performance and provide commentaries

- Acquire knowledge in banking/financial services

- Identify opportunities for development and drive changes independently

- Co-ordinate, work-closely with in-country finance teams across the globe

- Customer Feedback

- Timely and accurate calculation of ratios and reporting of MI.

- Quality of the commentary

- Training & development of minimum 10 days per annum

- Re-engineering opportunities identified and implemented

- Minimal errors Six Sigma approach

- Weekly and monthly meetings scheduled and conducted

- Feedback received from Group/Region

Customers / Stakeholders:

- Regional ALCM, Group ALCM teams and Global IRRBB Project team.

- Understand stakeholders’ needs, identifying and implementing improvements in a continuous manner from a data standpoint.

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

- Influence and escalate key customer issues in an effective way to ensure timely resolution

- Continuous reviews of the customer issues and ensure products and services are tailored on an on-going basis to meet expectation.

- Ensure MI is provided to and easily understood by onshore MI teams

- Liaise with onshore MI teams

- Respond to queries from customer and senior group level management as appropriate

Leadership & Teamwork:

- To work effectively with varying levels of people in Finance Function, IRRBB Programme work streams, PMO, IT as required.

- Ensure roles & tasks are clearly mapped and understood as relevant.

- Independently manage the process to ensure all variances are resolved and appropriate entries are suggested in line with onshore requirements

- Ensure MI produced in line with onshore requirements

- Coach team to ensure performance metrics i.e. MI produced in line with requirements

- Ensure team is developed by undertaking a training needs analysis for each team member. Ensure personal development plans are in place covering product knowledge, technical and soft skills

- Communicate effectively with the team members and be a team player

- Effective communication with the region-wise Inter-company reconciliation teams

- Review the work of team members

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

- To continually assess the operational risks inherent in the processes, taking account of changing operating procedures, staff movements, legal and regulatory requirements, management restructures, and the impact of new technology.

- Effectively manage change, plan business contingency and achieve cross-training

- Ensuring BCP plan is documented, agreed with business partner and tested as per agreed timelines

- Ensure all SOP’s are in place and updated appropriately

- Ensure right first time processes/checks in place for MI production

- Ensure control processes are in place to maintain data integrity.

Skills/Experience Required:

- Qualified CA (Chartered Accountant)/CWA /CPA /CFA/ MBA (Finance)/ PGDBM-Finance with at least 6+ years of post qualification experience or commerce graduates with at least 8+ years of experience in accounting/financial reporting, management reporting, global consolidation, financial analysis within US GAAP, IFRS and IAS reporting framework

- Hands-on experience of Product Control reporting and reconciliation processes.

- Deep understanding of Balance Sheet and P&L.

- Knowledge of FTP system and its functionality would be an advantage.

- Sound understanding of market products and line of business specifically GBM.

- Strong attention to detail having strong analytical skills.

- Good understanding of financial products and how they impact finance operations and more generically the banking business.

- Excellent working knowledge of MS related products i.e. Excel, Power Point, Access.

- Basic knowledge of SQL database (preferable).

- Experience in developing and documenting processes.

- Strong communication skills and an ability to communicate complex ideas in a simple manner to a global audience.

- Ability to develop effective working relationships with stakeholders of different seniority and geographical location.

- Ability to manage the service delivery of a designated processes

- Excellent communication skills and presentation skills are mandatory, as are good tact and diplomacy, as the role requires relationship management with other individuals and teams within the Group

- Ideally, experience of leading and managing teams of between 2-4 members or experience of being a senior/deputy within a team

Global Exposure: Ability to interact with multiple cultures / multi-tasking.

Prerna Chaurasia