Job Description: AVP/Sr. AVP – Banking Operations & Regulatory Reporting

Location: Bengaluru (Hybrid options available)

Department: Banking

Reports To: VP

Role Summary:

The AVP/Sr. AVP will be responsible for overseeing regulatory reporting and
banking operations in compliance with U.S. financial regulations including SEC,
FINRA, OFR, and Federal Reserve requirements. This role involves managing core
banking operations, ensuring timely and accurate filings, and collaborating with
internal and external stakeholders to maintain operational excellence and
regulatory compliance.

Key Responsibilities: Regulatory Reporting:
* Serve as a subject matter expert on U.S. regulatory frameworks and reporting
obligations.
* Participate in regulatory examinations, audits, and respond to inquiries from
agencies and internal control partners.

Core Banking Operations – Back Office:
* Manage end-to-end processing of financial transactions including ACH, wire
transfers, check clearing, and securities settlements.
* Ensure timely and accurate settlement of trades across asset classes




(equities, fixed income, derivatives).
* Monitor and resolve exceptions, breaks, and unmatched items in trade
lifecycle systems.
* Oversee daily, monthly, and quarterly reconciliations of cash, positions, and
general ledger accounts.
* Implement and monitor control frameworks to ensure data integrity and
minimize operational risk.
* Investigate and resolve reconciliation breaks in coordination with
custodians, counterparties, and internal teams.
* Supervise processing of corporate actions including dividends, stock splits,
mergers, and tender offers.
* Maintain and validate reference data (e.g., security master, counterparty
details) to support accurate transaction processing.
* Ensure accurate generation and delivery of client statements, confirmations,
and regulatory disclosures.
* Maintain documentation standards for operational procedures, SLAs, and audit
trails.
* Support compliance with operati

📌 Assistant Vice President-Compliance-Line Compliance (Bengaluru)
🏢 EXL
📍 Bengaluru