Chat

iimjobs

jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
28/08 HR
HR - Talent Acquisition at Pioneer Financial & Management Services Ltd

Views:876 Applications:262 Rec. Actions:Recruiter Actions:22

Analyst/Assistant Manager - Regulatory Reporting - Basel III - Global Investment Bank (3-6 yrs)

Mumbai Job Code: 843991

Basel III - Regulatory Reporting Analyst (AM)

Team Description

The Basel III team focuses on US Basel III under standardized approach. The goal of this team is to define a target operating model and deploy the systems and processes of computation of Risk Based Capital ratio, in adherence to Group level standards and applicable E.U. regulations, to support the compliance of the U.S. platform (future IHC, applicable legal entities within its scope and U.S. branches and agencies of BNP Paribas) with new U.S. Basel III requirements driven by the implementation of the EPS.

Essential Job Functions

- Ensure awareness of US Basel III regulations and updates

- Maintain a thorough understanding of US Basel III capital requirements and regulatory reporting requirements

- Ensure preparation and execution of close process for RWA and Regulatory capital production and effective communication and coordination with other actors involved in the close process

- Ensure consistency of exposures between the Accounting and the Risk or other source systems for calculation of RWA

- Provide analyses of IHC spot RWA and RBC ratios

- Support IHC Regulatory Reporting team for RWA and RBC related reporting such as FR Y-9C HC-R and FFIEC 102, as well as reconciliation with Regulatory Reports FR Y-9C (balance sheet, off balance sheet)

- Support CCAR program for spot RWA and Regulatory Capital calculation and reporting

- Ensure the proper audit trail and documentation on the Basel III RWA and RBC ratio for the IHC

- Ensure that US Basel III policies are consistently applied across various businesses within the IHC (CIB, Asset Managements, BancWest)

- Maintain the IHC US Basel III documentations including methodologies and procedures.

- Contribute to the norms and operational committees established over the IHC RWA and Regulatory Capital

- Contribute to maintenance of Moody's Analytical (tool used for RWA and RBC calculation)

- Contribute to enhancement of data quality and remediation for the IHC RWA and RBC capital calculation

- In coordination with other stakeholders, establish effective reconciliations and controls process over RWA and RBC ratios

- Analyze and synthesize movements in products and variations in reports

- Coordinate with Bank of the West Finance for establishment of an integrated IHC RWA and RBC process

- Assist the Basel III Lead with coordinating/managing internal and external resources, tracking status, key attention areas and risks, manage issues and escalate effectively

Other Job Duties :

- Participate in projects as required for new initiatives, process improvements or technology implementation and development

- Participate in bank examinations and internal and external audits

- Performs other duties as assigned

Required Experience:

Requires 5 years minimum prior relevant experience.

- Strong Analytical and Organizational Skills

- Effective Communication Skills and a professional style

- Strong analytical skills and advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)

- The candidate must be able to manage staff members in an environment with strict deadlines

- Change management and analytical skills

- Ability to build relationships across functional teams, detailed oriented, and strong leadership skills

- Data Analysis and SQL experience

Skills

- Previous financial services experience in Public Accounting (i.e., Audit or Consulting)

- Strong regulatory & financial reporting knowledge prevalent in banking/financial institutions

- Public Accounting and financial statement preparation experience

- Strong Accounting background with solid general ledger experience

- Solid knowledge on capital adequacy requirements (US Basel III) and hands-on experience

- Intensive experience on RWA calculation, analysis and reporting

- Accounting and reporting experiences (5 years and more) in banks or in Broker-dealers

- SEC Reporting experience strongly preferred

- U.S. GAAP including recent pronouncements

- Knowledge of FBO and IHC requirements is preferred

Education

- Bachelor's degree in Accounting or Finance required

- Master's degree in Accounting or Finance preferred

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
  • Apply
  • Assess Yourself
  • Save
  • Insights
  • Follow-up
Something suspicious? Report this job posting.