Assistant Vice President - Regulatory Reporting

Role: AVP Regulatory Reporting

Experience: 10+ years

Location: Chennai

Job Description:

Purpose of the role

To identify, assess and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintenance of open communication with regulators to ensure that the bank's activities and operations comply with all applicable laws, regulations, and internal control policies.

Accountabilities

- Identification and assessment of prudential regulatory reporting risks arising from the bank's activities, products, and services.

- Development and implementation of strategies to mitigate prudential regulatory reporting risks, ensuring compliance with all applicable laws, regulations, and internal control policies, and conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.

- Interpret and analyze PRA and EBA regulatory requirements to ensure compliance across regulatory reporting processes.

- Assessment of the effectiveness of the banks internal control processes and governance framework, including addressing any weaknesses or gaps that could lead to regulatory reporting non-compliance, and implementation of measures to strengthen internal controls.

- Preparation and submission of regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.

- Analysis and presentation of regulatory data to provide insights into business performance, identify trends, and support decision-making.

- Development and implementation of training programmes to educate employees on regulatory requirements and compliance responsibilities.

- Communication and liaising with regulatory bodies, prompt responses to inquiries and provision of requested information, and representation of the bank in meetings with regulators.

- Management of the selection, implementation, and maintenance of regulatory reporting systems and software applications, including collaboration with IT colleagues to integrate regulatory reporting systems with other enterprise systems.

Required Skills & Qualifications:

- 10+ years of experience in the banking or financial services industry, specifically in regulatory compliance, reporting, or market risk.

- Deep knowledge of PRA and EBA prudential regulatory rules, particularly related to capital and risk-weighted assets.

- Demonstrated experience in interpreting and implementing complex regulatory requirements in a banking environment.

- Strong understanding of Market Risk, Basel III/IV, Capital Adequacy, and related frameworks.

- Hands-on experience in regulatory submissions such as COREP, FINREP, ICAAP, or similar.

- Proven ability to engage with internal and external regulators/auditors.

- Excellent analytical, problem-solving, and communication skills.

- Experience with governance, control frameworks, and data management tools is a plus.

Interested Candidates can share their resume or can call me at 7008366292