Senior Manager - Regulatory Reporting - BFS

Regulatory Reporting - Sr Manager

We have an great opportunity with one of our banking client for Regulatory reporting- Sr Manager position, Chennai location.

Job Role:

We are looking for Senior Manager (Band 6) to perform the IFRS9 related reporting activities with an ability to use analytical tools like SAS to extract the ECL information. Candidate should possess IFRS-9 domain expertise should have hands on experience in IFRS-9 ECL reporting.

Key Responsibilities:

- Quarterly papers for the various governance committees covering the balance sheet of Early Alert, High Risk, Impaired accounts, stage 3 flows, commentary on movements by retail products and by industries.

- Work towards presentations to various governance forums like the Impairment and Audit committees at different levels of consolidation viz., PLC, Bank Group and Company.

- Work towards delivering the monthly IFRS 9 deck to the segment CFO teams covering the drivers of the movements in EAD / ECL and impact of ECL scenarios.

- Demonstrate good understanding of IFRS-9 accounting standard related to ECL Computation, basic knowledge of credit risk metrices and credit risk analytics.

- Manage the quarterly late ECL adjustment process with stakeholders in respective country finance teams and Hubs financial reporting teams.

- Manage adhoc queries on impairments from various stakeholders.

Our Ideal Candidate:

Qualified Accountant is a must - CA , CPA or CIMA (UK)

- 3 - 5 years post qualification relevant work experience in a Financial Reporting role preferably in a Financial services industry with specific experience in performing analytical reviews of legal entity / statutory reporting (schedules and data) with business in focus.

- 7 - 9 years of experience in credit risk reporting.

- Hands on experience in working with accounting softwares like Peoplesoft GL, SAP HANA4, etc reporting tools like Axiom and Analytical tools like SAS.

- Good to have experience would be change management experience in devising and developing solutions for credit risk analytics using SAS.

Certification:

- Certification in SQL or SAS would be good to have if not should demonstrate the ability to write simple-complex SQL queries.

- FRM or IFRS certification would be an advantage.

Role Specific Technical Competencies:

- Follows organizational practices and guidelines for product profitability reporting.

- Implements organizational methods and procedures for financial report writing.

- Monitors compliance with organizational standards for financial report writing.

- Identifies the basic tools used for maintaining accounting information.

- Recognizes the need for and concepts behind accounting principles.

- Describes key activities of established accounting processes.

- Explains the basic concepts and terminology of accounting.

- Describes how GAAP is applied within the organization.

- Lists the major responsibilities of the accounting staff.

- Analyzes errors or inaccuracies in financial reports.

- Uses basic tools to create simple financial reports.

- Identifies key issues and components of GAAP.

- Seeks relevant documentation and information.