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01/09 Sudeshna Bhattacharya
Director at C Network

Views:205 Applications:52 Rec. Actions:Recruiter Actions:5

AVP - Regulatory Reporting - BASEL/FFIEC/FRY 9c/CASTAIM - BFS (12-17 yrs)

Chennai Job Code: 844816

The RBR India Team is responsible for supporting the filing of regulatory reports with numerous regulatory agencies and currently has many ongoing projects related to the enterprise-wide implementation of a centralized data management infrastructure and the COSO-based governance and oversight framework. RBR is looking for a senior regulatory and financial reporting Operations Manager 4 to join its India team to review and analyze various Regulatory Reporting schedules. This key, senior level role will also be responsible for preparing senior management impact assessments supporting regulatory amendments and / or implementation of new accounting standards or regulatory rules. Core responsibilities for this function includes review and credible challenge of prepared regulatory reports, related process improvement and regulatory reporting infrastructure implementation initiatives. Team building and talent development is also critical. This position will coordinate with key business partners. The Operations Manager will directly communicate with management, business line controllers, board members and banking regulators, including the Federal Reserve Board and FDIC, providing prompt reporting status and appropriate responses to questions and inquiries.

Responsibilities The Operations Manager 4 will oversee and provide support for the following: Basel Reporting & Analytics requires knowledge of core US Regulatory Weekly and Quarterly Reporting. This function requires Report Owner experience in preparing and reviewing data received from Business Controllers and / or General Ledger with specific emphasis on the FFIEC031, FR Y9-C and FR2900 Weekly Deposits that supports our FDIC Assessment. Specifically this role requires similar fundamental skills as above but with an emphasis on Capital Reporting (Risk Weighted Assets) and solid analytical skills. This work requires some exposure to and understanding of related Regulatory disclosures FFIEC101, 102 and Pillar 3.

Responsibilities include -

- Maintain and obtain as needed SME knowledge of the main Regulatory Reporting requirements.

- Performance of comprehensive assessments of new accounting standards from a Regulatory Reporting perspective.

- Preparation of information to board level financial summaries including significant transactions and variance highlights, working efficiently with accounting policy and SEC to collate and prepare financial materials within tight timeframes.

- Partners with Corporate Accounting Policy, Business Controllers and the Regulatory Interpretations Team to ensure that consistent adherence to regulatory rules

- Participate in key projects to support the RBR Reporting Teams in meeting the fast change and heightened expectations of regulatory reporting requirements.

- Implement change management effectively communicating regulatory reporting changes to all stakeholders to ensure appropriate implementation of new or revised regulatory reporting requirements.

- Ensure the compliance with requirements under the Company's Regulatory Reporting Governance & Oversight Framework

- Provide input to the impact of reporting deficiencies; communicate and facilitate the discussion with line of business reporting teams for resolution; track and document the resolution implementation cycle from report owner perspectives.

- Set standards for report review process to ensure the fulfillment of report owner responsibility.

Essential qualifications

- Qualified CA/CFA/ICWA/MBA 15 + years of experience in one or a combination of the following: finance, accounting, analytics and reporting

- Or: Qualified CA/CFA/ICWA/MBA degree or higher in Finance, Accounting, Statistics, Economics, Business and 2+ years of experience in one or a combination of the following: finance, accounting, analytics or reporting

- 7+ years of supervisory or management experience, directly supervising staff

- Ability to successfully operate in a complex and matrixed environment

- Excels at supporting ad-hoc requests for reporting analysis and issue investigation as needed

- Solid experience in US Regulatory Reporting. Strong accounting background is a requirement

- Advanced Degree in Accounting or related subject matter

- Public Accounting Certification strongly preferred

- Excellent verbal, written, and interpersonal communication skills

- Strong analytical skills with high attention to detail and accuracy

- Extensive knowledge and understanding of research and analysis

- Ability to lead in a team environment and across all organizational levels, with ability to lead a team of accounting professionals

- Superior project management skills including the ability to handle multiple projects concurrently

- Ability to translate and summarize complex data into understandable, actionable information and recommendations

- Knowledge and understanding of analytical methods used to: plan, conduct, and direct the analysis of complex business problems

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

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