Job Summary
The opportunity: Senior Consultant-FS-Business Consulting Risk- Credit Risk Business Analyst - FSRM - Pan India.
Responsibilities
- Support delivery of regulatory reporting submissions across PRA/EBA/ECB/Fed/MAS/HKMA requirements (and local equivalents where applicable).
- Work across all key reporting families, including: Capital Adequacy / RWA (COREP, PRA101 equivalents), Liquidity (LCR/NSFR), Leverage, Large Exposures, Pillar 2, Pillar 3, Stress Testing, and CCR COREP.
- Execute and coordinate reporting preparation steps end-to-end: data sourcing, reconciliations, validation checks, calculation/output review, variance analysis, commentary, sign-off packs, submission readiness, and post-submission review.
- Perform targeted reviews and deep dives (e.g., site return reviews, testing of calculation compliance), interpret key policies, and validate operational implementation-especially where upstream data issues need investigation.
- Strengthen the control framework: ensure minimum control requirements are documented, performed and evidenced; maintain SOPs/procedure notes; drive preventative and automated controls where feasible.
- Drive issue remediation: understand and document outstanding risks/issues, track remediation progress, and ensure issues are appropriately flagged and logged (e.g., Helios) and closed with evidence.
- Support internal and external auditors assessing compliance of the reporting framework; coordinate responses and evidence packs.
- Support regulatory change and transformation: interpret new requirements, assess impacts to systems/data/processes, partner with Group Regulatory Policy, Finance Change, Risk, Treasury and IT, and support testing (UAT/regression) and implementation readiness for initiatives such as IRR and Basel 3 reforms.
- Build strong stakeholder relationships, identify service improvements, and escalate key reporting issues with clear impact and solution options.
Requirements
- Experience in Regulatory Reporting / Regulatory Reporting process governance / controls / remediation within banking/financial services or a top-tier consulting environment.
- Solid analytical skills: ability to work with large datasets, identify trends/anomalies, explain drivers (business/macro/regulatory), and deliver accurately to tight deadlines.
- Strong controls mindset: ability to implement effective controls in practice, with high standards of documentation and evidence suitable for audit/regulatory review.
- Ability to interpret complex regulatory requirements and translate them into system/data/process impacts and reporting outcomes.
- Strong communication (written and verbal) and stakeholder management skills; able to simplify complex topics for a global audience.
- Advanced working knowledge of MS Excel (and broader MS Office).
Nice to have
- Exposure to one or more of: COREP, PRA101 (or equivalents), RWA, CCR, LCR/NSFR, Leverage Ratio, Large Exposures, Pillar 2, Pillar 3, Stress Testing.
- Knowledge of regulatory change agendas such as Basel 3 reforms, CRR2, BCBS, FRTB, IFRS (as applicable).
- Experience with tools such as Power BI, Tableau, Alteryx, Qlik Sense (or similar).
Qualifications
- CA/ICWA, MBA (Finance), or Engineering degree with strong Financial Services experience.
Competencies
- People with the ability to work in a collaborative manner to provide services across multiple client departments while following the commercial and legal requirements. You will need a practical approach to solving issues and complex problems with the ability to deliver insightful and practical solutions. We look for people who are agile, curious, mindful, and able to sustain positive energy, while being adaptable and creative in their approach.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Sr Consultant -Business Consulting Risk -Credit Risk Business Analyst (Mumbai)
🏢 EY
📍 Mumbai