Finance Ops - Regulatory Reporting

Mgr - Finance Operations

MNC Bank KPO

Location-NCR & Hyderabad

To manage and assist the Group Regulatory Reporting team in preparation of monthly and quarterly returns for submission to the FSA and the preparation of other analysis for internal customers.

Job Description

The purpose of this role is to act as the Manager within the Regulatory Reporting work stream of this Group Programme.

Principal Accountabilities: Key activities and decision making areas

- Understand global Reg framework i.e. Process ,Regulatory requirements for data purposes & Systems

- Understand in-depth existing global Reg Reporting processes

- Understand and support in documentation of global Regulatory data requirements for Reporting

- Ensure ongoing Reporting and analysis support for seamless service delivery of global Regulatory Reporting reports to various onshore partners to agreed service levels

- Timely submission of monthly and quarterly returns by sites to Regulatory Reporting

- Timely submission of monthly and quarterly returns to the FSA

- Timely preparation of other analysis requested by internal customers

Customers / Stakeholders

- Group Regulatory Reporting team

- FSA

Other internal customers

- Identifying and implementing improvements in a continuous manner from a system & data standpoint

- Participate in discussions in LR global forums to support from a global system & Reconciliation and Adjustment standpoint

Leadership & Teamwork

- To work effectively with varying levels of people in Finance Function, the PMO, IT as required

- Influence internal team and facilitate discussions with key external stakeholders on TOM, service delivery levels etc from a system standpoint

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

- Be seen as a role model and pioneer of HSBC values by leaders, subordinates and peers

- High customer feedback metrics on leadership and influencing

- High employee feedback metrics

Operational Effectiveness & Control

- GFC Subject Matter Expert (SME)

- Ensures adequate controls are in place, documented and evidenced

- Assist in the provision of appropriate MI and analytics to monitor effective progress of LR system through each stage of the project life cycle

- Effective delivery in a consistent and controlled manner

- Take accountability for ensuring change / implementation in compliance with Group Standards and Regulations as well as relevant FIM’s & BIM

- Communications are clear, documents are of a high quality

- Understanding of when to exercise autonomy in decision making and when to escalate

- Decisions are forthcoming and appropriate

- Ensure global requirements are effectively translated into GFC TOM and define appropriate strategy

- Build relevant data documentation to support onshore reporting requirements

- Manage KPI as per TOM

QualificationsQualifications

Knowledge & Experience / Qualifications

- An Accounting degree, bachelor’s degree or other qualifications relevant to the industry. CA, CWA, CS, CPA, CFA , MBA a plus.

- Minimum 5 - 8 years of working Experience Required

Knowledge of

- Regulatory Environment

- FSA and its schedules

- Strong knowledge of Consolidation of data & finalization of books

- Proven track record of delivering technology & Reconciliation and Adjustment solutions and driven/ been part of significant change initiatives preferably in the financial services industry

- Strong Financial Reporting and control background;

- Excellent Project Management skills with practical knowledge through various stages of the system life cycle i.e. specifically conducting feasibility studies, user acceptance tests (UATs), development of test scripts and user scenarios

- Basic knowledge of Asset Liability Management (ALM), FSA Reporting and relevant regulatory changes in a global environment preferable

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

- Ability to work with the Subject Matter Experts (SME’s) to understand the data requirements

- Capable of working with stakeholders to understand requirements and translate them into process / data maps, etc. for the technical team

- Team-working and experience working in a project environment and a flexible and adaptable working style to work with multiple project managers across multiple geographies

- Has experience in working in a global environment and ideally has worked internationally

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

- Strong attention to detail and being solution oriented

- Complex analytical reasoning skills enabling appraisal of the Global reporting requirements and translate into functional requirements for system development

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

- Excellent planning and organizational skills with ability to adapt to changing situations and to understand issues quickly.

- A self-starting, independent worker who will take the initiative and progress the development and profile of this role.

- Outstanding verbal and written communications skills.

- Willing to challenge the status quo, be proactive and innovative in driving change

- Willing to travel extensively if needed

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

Additional Information / Specific Skills (If Any)

- Communication

- Express clearly and concisely, both orally and in writing.

Interpersonal / Teamwork

- Work cooperatively with others to achieve goals and objectives. Show understanding and acceptance of others’ work methods and approaches. Open to constructive suggestions.

Time Management

- Adhere to priorities and deadlines and use time effectively to complete tasks.

Compliance

- To implement Group Compliance Policy by containing compliance risk in conjunction with the relevant

Compliance department. The term “compliance” embraces all relevant laws, rules and codes with which the business has to comply.

Audit and Controls

- Maintain HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators. Any failures to comply with the above should be reflected in year end performance assessment.

S Full-time Shift : Day Job

Please mark subject line as 'Manager - Finance Operations(Regulatory Reporting)' and mail to arvind@leadsearch.biz

Please mention notice period, Current CTC & location preference