Job Description
Key Responsibilities
Strategy
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Ensuring alignment with country stakeholders on the development and execution of country specific strategic goals regarding Country Financial Regulatory Reporting (FRR).
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Identifying and implementing best practices to enhance reporting efficiency and accuracy.
Business
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Understanding and articulating country specific regulatory requirements, FRR metrics computation and methodologies, and regulatory parameters and key drivers.
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Understanding banking products and country specific business context and correlating these to local regulatory reporting.
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Translating relevant local financial regulatory requirements into business and functional requirements and driving the discussion with country stakeholders across Finance, Treasury, Risk, Data, IT and the Business for ongoing compliance in local regulatory reporting.
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Maintaining effective communication with stakeholders to understand their requirements and queries and provide necessary execution and consultation support.
Processes
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Ensuring accurate and timely submission of all required local regulatory returns to relevant senior stakeholders and/or regulatory authorities
( like RBI for India, MAS for Singapore and so on) , where appropriate.
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Provide day-to-day delivery management to the team
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Ensuring all queries for submitted reports are addressed within timelines including any ad hoc requirements in respect to processes managed.
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Ensuring the operational efficiency, accuracy and completeness of the reports are monitored with appropriate KPIs.
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Establishing robust governance and controls for the reporting process including the requirements to manage report quality and operational control. This includes expected data quality monitoring required in the reporting standards for regulatory reporting.
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Continuously striving for process optimization to enhance production efficiency and reduce errors.
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Leveraging technology and automation tools to streamline reporting processes.
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Supporting the transition of changes into BAU effectively that is aligned with the Bank's regulatory and technology objectives.
People & Talent
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Train & manage an engaged a team of high performing individuals. Manage service delivery at the time of attritions with the supervision of team Head.
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Motivate team to deliver a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines
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Building relationships to improve collaboration across country and GFS functions to resolve issues and implement changes for local regulatory reporting.
Risk Management
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Monitoring and ensuring that appropriate BAU and Change governance and controls are followed across all production and transformation activities.
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Overseeing the maintenance of comprehensive documentation of reporting processes, standards and controls.
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Coordinating with internal and external auditors to facilitate audits and reviews.
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Identifying, monitoring and escalating as and when required key issues in the regulatory reporting process leading to material errors in regulatory returns.
Governance
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Monitor and ensure that appropriate Change governance is followed across all transformation initiatives.
Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model.
Leadership Qualities & Characteristics
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Upholding high ethical standards and ensuring all reporting activities are conducted with integrity and transparency.
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Promoting a culture of diversity and inclusivity, compliance and ethical behaviour within the team.
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Inspiring proactive and innovative behaviours in the team to continuously improve performance and strive for excellence.
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Leaders should be hands-on to undertake activities/tasks on their own as the role demands while supporting and managing other members of the team
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Self-motivated and able to work independently and to proactively seek guidance from others as needed.
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Strong team player and has the capacity to build good working relationships with cross functional / geographical team
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Positive outlook and a desire to stretch themselves to achieve both personal and functional success. Demonstrate leadership under pressure situations and demonstrate the ability to cope with tight deadlines and constraints
Regulatory & Business Conduct
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Display exemplary conduct
💡 Quick Summary
Seeking a career-building opportunity? The Associate Lead, Liquidity Reporting position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
