Financial Analyst - Regulatory Reporting

Function Description

The Quality Assurance and Regulatory Governance team is responsible for ensuring governance and oversight of regulatory reporting process. The team performs Quality Assurance reviews including process & controls testing, testing the conformity of reported data with reporting instructions and gathering, sampling, understanding, and testing the data to ensure data quality for various regulatory reporting purposes. The team partners closely with the Regulatory Report owners, Technology, Data Governance, and other stakeholders to perform the review and ensure robust governance.

Responsibilities-

The team is looking resource to support QA reviews and ensuring governance of regulatory reporting processes.

The job would entail the following activities:

•          Support Quality Assurance program for US Regulatory Reporting and responsible for

o   Reporting process and Control reviews to identify control gaps and improvement opportunities,

o   Ensure that the regulatory Reporting comply with the reporting guidelines issued by regulators,

o   transaction testing, share findings, and monitor closure.

•          Understand the master and reference data to be used across operational and regulatory reporting processes.
• Coordinate with regulatory reporting, technology, data governance, service management, teams to ensure the quality assurance over the regulatory reporting processes.
•          Support compliance with Quality Assurance Regulatory Reporting Governance policy and prepare key metrics.

Preferred candidate profile

• Experience in Quality Assurance of Reporting, U.S. Regulatory Reporting
•        Data analytics, data controls and understanding of data transformation logics.
•        Knowledge of financial reporting, banking products and Auditing is a plus.

Academic Background

At least 2+ years' experience in Accounting/Reporting

- PG in commerce/ MBA / Chartered Accountant a plus

- Prior experience with U.S. regulatory/SEC reporting or public accounting a plus.

Functional Skills/Capabilities

•        Must have good communication and interpersonal skills and be able to interact independently with senior business partners / customers etc.
•        Reporting and analysis experience will be an advantage. Familiarity with US GAAP and financial accounting experience is preferred.
•        Self-driven, team player, have analytical skills and inclination for process improvement.

Perks and benefits