Assistant Vice President/Chief Manager/Senior Manager/Specialist - Regulatory Reporting - Bank

Regulatory Reporting Specialist(AVP/CM/SM) - BANK

Given below 3 position details with a Leading Bank.

Regulatory Reporting Specialist.

Grade - AVP/CM/SM

Business Unit - Regulatory Reporting

Function - Finance

Job Purpose: The role bearer has the responsibility to prepare and submit various regulatory returns with all required financial data, with utmost accuracy, timeliness, and within set standards and guidelines. The role holder is expected to maintain the MIS and generate periodical analytical reports to facilitate verification of the data in the returns . The role includes liaising with different functions whenever financial analysis support is requested and perform ad-hoc financial analysis to ensure accurate data for return.

Roles & Responsibilities:

- Handling of the NPA and Asset Quality related returns of the Bank

- Handling of queries of the branches/ Business units and Collection teams for asset quality related data of the Bank

- Preparation of various regulatory returns pertaining to Finance function

- Perform month end closing activities such as reconciliations, Provisions, NPA Checks etc

- Undertake regular self-assessments to ensure all new risks are actively managed and mitigated

- Measure financial ratios required for Returns.

- Work closely with Technology to ensure that systems are developed to accommodate regulatory requirements and process improvements

- Ensure all operational documentation is maintained

- Ensure reports are prepared in accordance to bank/regulatory rules and regulations

- Maintain the MIS parameters as per set guidelines and identify process improvements to streamline date collection and report generation processes

- Maintain accurate financial data and reports for submission to senior management

- Participate in regular audits and recommend corrective financial action plans

- Analytical review of the data so that accuracy of the data is verified

- Capture and share best- practice knowledge amongst the team

- Create an environment that promotes collaborative learning and collective ownership of responsibilities