Regulatory Reporting Analyst

Position Overview:

This position will be an integral part of the Regulatory Reporting Division. As an Regulatory Team, primary responsibility is to ensure the effective implementation and maintenance of internal control procedures for all the reporting.

Role & responsibilities:

• Identify potential risks and control gaps through assessments and data analysis Design and implement controls to mitigate identified gap and prevent financial losses.
• Monitor the effectiveness of reporting mitigation measures and recommend improvements as necessary.
• Develop and maintain the system, including norms, ensure the accuracy of financial reporting, and comply with applicable laws and regulations
• Collaborate with stakeholders to implement control-related initiatives and accountability.
• Document findings, recommendations, and action plans arising from reviews
• Maintain accurate records and logs for audits and regulatory examinations.
• Stay up-to-date with relevant laws, regulations, and industry standards affecting the financial services sector.
• Ensure compliance with internal policies as well as external regulatory requirements.
• Monitor the effectiveness of the internal system and make recommendations for improvement.
• Collaborate with cross-functional teams to streamline processes and improve operational efficiency.
• Identify opportunities to automate or optimize control procedures and enhance the accuracy and reliability of the information.
• Prepare and present reports on the results of internal control assessments to management.

Skills and Knowledge

• Solid knowledge of stock broking frameworks in the financial services industry.
• Experience in conducting risk assessments, internal audits, or compliance reviews.
• Familiarity with financial systems, processes, and regulatory requirements specific to the financial services sector.
• Strong analytical and problem-solving skills, with the ability to identify control deficiencies and recommend appropriate solutions.
• Excellent communication and interpersonal skills to effectively collaborate with stakeholders at all levels.
• Attention to detail, high ethical standards, and the ability to handle sensitive and confidential information.

I) Generic Capabilities

1) Vision and Strategic Orientation: Developing, communicating, and aligning others around organizations vision and strategy for the future. Taking a long-term perspective on problems and opportunities and proposing innovative strategies that leverage the organizations competitive advantage.

2) Planning and Organizing: Effectively managing time and resources to achieve short and long term goals, balancing detail-orientation with speed of execution while planning and prioritizing

3) Teamwork: Leveraging self and collective capabilities to work seamlessly. Sacrificing ones own agenda in the interest of the team / organization. Fostering a cooperative/collaborative work environment.

4) Facilitating Change: Demonstrating flexibility and willingness to embrace change. Proactively challenging the status quo, championing and driving change management initiatives within the workplace.

5) Communication Skills: Conveying ideas and opinions (verbal and written) in a clear, concise, timely, and understandable way. Listening, empathizing and using the right content, mode and style of communication to suit the target audience.

6) Creativity and Innovation: Demonstrating ability to challenge the status quo, think out of the box and come up with new & doable solutions. Fostering a climate that encourages creativity and innovation.

7) Drive for Results: Maintaining a focused commitment to achieving results despite unanticipated obstacles. Setting challenging goals and standards of excellence for self and the team and continuously evaluating self/team performance against them.

8) Problem Solving and Decision Making: Identifying and resolving problems/making decisions in a timely manner after thorough analysis of all relevant sources and options keeping in mind the current and future impact of these decisions on the company's objectives.

9) Developing Self and Others: Valuing continuous learning by fostering a climate for the learning and development of self and others based on the needs of the organization and the individual, providing coaching support and feedback.

II) Technical /Specialist Skills & Knowledge Expected For This Particular Role

1) Effective Communication skill: should know when to speak; what to speak and how to speak

2) Writing & Presentation skill: perfect e-mail generation and note making ability, content should reveal an intelligent, creative and well-read mind.

3) Good hands on MS Office.

4) A relevant work experience of 5-6 years of internal control handling in reputed organization.

III) Academic Qualification

1) A Graduate/Post Graduate
2) Excellent Interpersonal and Communication Skills.