Vice President - Regulatory Risk - Investment Banking

About Client :

Leading Name in Investment banking (Location Varthur Hobli Via Marathalli Bangalore)

About the Role:

The DMI International Lead of Risk & Regulatory Management team will oversee the management of a large team fulfilling Enterprise Data Governance, Regulatory and Risk Reporting Governance & Oversight (G&O) Framework, and Policy and Standards for COSO Compliance requirements across regulatory and risk reports in-scope. This role also involves, but not limited to, Report documentation activities (Deconstruction, Documentation and Quality Control) as well as remediation support for Risk and Regulatory data issues and regulatory assessments.

Responsibilities:

- Responsible for leading teams and ensuring delivery of services across key capabilities for regulatory and risk reports; documentation, report deconstruction, process/quality management, data quality, remediation of data issues and supporting regulatory and risk assessments.

- Oversee management of teams responsible for the execution of operational activities including but not limited to, program management, communications, training, financial planning, and tooling solutions, etc.

- Actively participate and provide thought leadership in required governance routines

- Leverage COSO principles, data management standards, and other skills to ensure compliance with internal G&O Framework, COSO Policy, and EDG requirement/policies

- Collaborate and coordinate with senior leaders to maintain a commitment to Report Mapping & Issue Identification (RMII) strategic objectives as well as BAU objectives. Additionally, collaborate with various teams within and outside of DMI to support remediation of risk and regulatory data issues as well as remediation support for regulatory assessments.

- Facilitate report documentation activities to enable consistent implementation of the documentation required for risk and regulatory reports in-scope of the Enterprise Finance G&O Framework and COSO policy. Additionally, identify and manage findings that may impact the quality of risk and regulatory reporting

- Execute internal quality control activities and enable analytics to ensure high-quality deliverables and identify areas of opportunities for improvements

- Support oversight and remediation activities for findings/observations impacting regulatory/risk reports

- Execute and support activities for prioritized data initiatives

- Drives planning and implementation of approach/plan end to end while ensuring operational excellence and process efficiency

- Ensure teams design and maintain processes to ensure accuracy and integrity across all areas of operation.

- Ensure talent development of management leveraging both internal resources and industry best practices

- Typically provides leadership for related internal as well as industry activities. Typically oversees multiple managers of large teams with diverse and complex areas of accountability

- Develop team with cross-functional expertise across the end to end supply chain to provide additional context for key activities; current state documentation and strategic build of data sourcing

- Exercises the usual authority of a manager and is responsible for the management of individuals and matrixed teams focused on report documentation activities

Essential Qualifications:

- 12+ years of experience in risk and regulatory environment with exposure to regulatory documentation, regulatory assessments and corresponding remediation efforts.

- 10+ years of leadership experience in building and leading critical teams

Desired Qualifications:

- Knowledge of COSO and BCBS 239 Principles

- Knowledge of Risk, Regulatory, Finance or Accounting

- Experience dealing with regulatory exams and internal audit assessments

- Strong experience in Operational and/or Process Improvement

- Experience managing managers. Ability to manage large teams.

- Capacity to organize and manage multiple priorities and achieve results

- Ability to understand business processes and/or objectives to enable the successful implementation of documentation activities and identification of future efficiencies

- Flexible and adaptable; able to work in ambiguous situations

- Able to work effectively at all levels in an organization

- Proven ability to develop and manage relationships across Lines of Business and support functions

- Excellent verbal, written, and interpersonal communication skills

- Driven, confident, organized and an accomplished problem solver

Bachelor's degree, MBA preferred