Analyst - Regulatory Reporting

Overview

Identify, assess and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintain open communication with regulators to ensure the bank's activities comply with applicable laws, regulations and internal control policies.

What you'll do

• Identify and assess prudential regulatory reporting risks arising from the bank's activities, products and services.
• Develop and implement strategies to mitigate prudential regulatory reporting risks and ensure compliance with applicable laws, regulations and internal control policies.
• Conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.
• Assess the effectiveness of internal control processes and the governance framework, address weaknesses or gaps that could lead to regulatory reporting non-compliance, and implement measures to strengthen internal controls.
• Prepare and submit regulatory reports to authorities, and support other departments in preparing and reviewing regulatory reports.
• Analyse and present regulatory data to provide insights into business performance, identify trends and support decision-making.
• Develop and implement training programmes to educate employees on regulatory requirements and compliance responsibilities.
• Communicate and liaise with regulatory bodies, respond promptly to inquiries, provide requested information, and represent the bank in meetings with regulators.
• Manage the selection, implementation and maintenance of regulatory reporting systems and software applications, and collaborate with IT colleagues to integrate them with other enterprise systems.
• Execute work requirements as identified in processes and procedures, and manage own workload.
• Check the work of colleagues within the team to meet internal and stakeholder requirements.
• Take ownership of managing risk and strengthening controls in relation to the work you own or contribute to.
• Make judgements based on practice and previous experience, and evaluate options in circumstances not covered by procedures.
• Communicate sensitive or difficult information to customers in areas related to customer advice or day-to-day administrative requirements.
• Build relationships with stakeholders and customers to identify and address their needs.

Details

• Location: Chennai, DLF IT Park.