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10/05 Prerna
Consultant at Elixir - Gi Group

Views:1682 Applications:35 Rec. Actions:Recruiter Actions:30

VP - Regulatory Reporting - BFSI (10-20 yrs)

Chennai Job Code: 334011

Job Description

Designation: VP Regulatory Reporting

Only from Banking / Financial Industry

Shift Time: any 8 hrs shift b/w 6 am to 12 mid night (pick up and dropping facility is available)

Location: Chennai

Experience: 12-20 yrs

CTC: 50 LPA

Job Description:

GFC Regulatory Reporting is responsible for producing the PRA reports and RWA disclosures in the Group Annual Report & Accounts and for meeting all Pillar 1, Pillar 3 and Regulatory MI Reporting requirements under Basel 2/3.

The purpose of this role is to lead HBAP Regulatory Reporting that is responsible for preparation of monthly and quarterly returns for submission to the PRA and other Local regulators in the region and the preparation of other analysis for internal customers.

Principal Accountabilities KPI and Targets

The quality of the Reports generated must be to a very high standard. The RWA reporting framework that exists is critical to the sustainability of business

Coordinate and support Regulatory Reporting team, provide guidance and act as subject matter expert (SME) with regard to RWA reporting under PRA.

Drive performance to agreed service levels and manage customers expectations in a timely and professional manner

Establish and maintain effective relationship with business areas and identify areas of service improvements by implementing regular calls and feedback mechanism

Drive performance in team to required standards.

Maintain high level of employee engagement.

Effective communication with team members on organisational strategy and goals required for respective roles and responsibilities.

Create an environment within the team which fosters free sharing of knowledge and ideas

Adherence to Group policies, audit, controls and compliance requirements. It is imperative that the role maintains a highly effective SOX-compliant control framework.

Operational capability must be maintained all year round given the frequency of reporting periods (monthly plus additional requirements quarterly, half-yearly and annually).

The role will need to manage accordingly to ensure that sufficient numbers of capable staff are in place to deliver to reporting requirements.

Continually assess the operational risks inherent to the process, taking account of operating procedures, staff movements, legal & regulatory requirements

Manage production of RWAs in accordance with the BASEL Norms and Group Frame work of RWAs

Ensure all Regulatory Reporting Requirements are considered e.g. PRA (FSA earlier)

Any process re-engineering must comply with the applicable control environment

Ensure BCP plan is documented, agreed with Business Partners and tested for all the processes as agreed

Analytical review, Writing Commentaries, Query resolution

Timely preparation of other analysis requested by internal customers

Customers / Stakeholders

Group/ HBAP Regulatory Reporting team

PRA

Other internal customers

Teamwork

Effective communication with the manager on organisation change and goals

Skills/Experience Required

12+ post qualification experience in Reporting (Regulatory) / Analysis in Financial Institution.

Experience in managing large (25 +) teams in specialized functions

Excellent communication skills, including experience of explaining complex technical matters simply and succinctly

Effective leader who can manage cross functional teams

Expert in Regulatory Reporting functional knowledge

Knowledge in Marcos, MS Access Database, SAS will have an added advantage

Experience that demonstrates ability to deliver BAU and Change/Transformation Projects

Experience in policy interpretation and implementation

Previous tenured employment with a Financial Institution

Experience of working with colleagues and stakeholders cross-border in a multinational organization

Working/detailed knowledge of Operational framework/rules

Prerna
8882414387

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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