Greetings from TCS , we are hiring for Reg Reporting
Experience:12+ years(Mandatory)
Roles and responsibilities:
Functional Areas:
- Enhance and develop the Regulatory process with close co-ordinations with client stakeholders. Identify opportunities and develop new ideas that will lead to improvements.
- Understand the regulatory requirements, applicable for UK geography (particularly Liquidity reports), and map it against the risk data elements of the bank.
- Effective and productive management of the tasks associated with the regulatory workstream.
- Liaison with IT to incorporate regulatory data requirements in the Client Data Warehouse architecture.
- Develop a robust validation / quality assurance process through available golden sources within the bank.
- Production of submission materials for the regulatory compliance for a large bank
- Perform gap analysis between the regulatory expectations and the existing practice of the bank.
- Proactively identify the solutions for the evolving regulatory expectations
- Partner with Treasury, Risk and Finance departments to facilitate the quantitative and qualitative data requirements.
- Facilitate in aggregation of stress forecasts under the Baseline, Adverse and Severely Adverse scenarios.
- Monitor & manage the regulatory project for the respective workstream and timely escalation to the key stakeholders.
- Compute & publish regulatory schedules and perform robust validation against the golden source.
- Partner in regulatory remediation projects
- Contribute to the process improvement initiatives and provide ideas for streamlining the process.
Other Areas:
- Closely work with L&D; team to develop competencies of the wider team members and share the trainings requirements of the associates.
- Co-ordinate with internal departments such as DERM, HR, and Project Management for various requirements of the project
- Interact with client partner, BRM and Pre-Sales team to facilitate requirements from them.
- Partner with other departments within the bank such as REGULATORY Modelling, Treasury and FP&A; to facilitate the REGULATORY submission process.
Skills and competencies:
- Strong experience in regulatory reporting working with large banking organization.
- Expert knowledge of the Basel framework and hands-on experience in regulatory reporting for Banks (preferably U.S.)
- Regulatory Reporting, related experience will be preferred.
- Good knowledge of financial products across various asset classes
- Good knowledge of risk management principles and risk measurement methodologies
- Excellent MS office and communication skills (Written & Oral) are mandatory.
- Successful track record of leading high performance and skilled team members
Education Qualification: Masters in Business, Statistics, Economics, Mathematics, Engineering, CFA, CA, Operations Research or other quantitative field