Prudential Regulatory Reporting Risk Specialist

We are seeking a Prudential Regulatory Reporting Risk Specialist to join our team in Chennai, DLF IT Park.

The purpose of this role is to identify, assess, and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintain open communication with regulators to ensure that the bank's activities and operations comply with all applicable laws, regulations, and internal control policies.

Key Responsibilities:

• Identify and assess prudential regulatory reporting risks arising from the bank's activities, products, and services, and develop strategies to mitigate these risks.
• Assess the effectiveness of the bank's internal control processes and governance framework, including addressing any weaknesses or gaps that could lead to regulatory reporting non-compliance.
• Prepare and submit regulatory reports to authorities, and provide support to other departments in their preparation and review of regulatory reports.
• Analyze and present regulatory data to provide insights into business performance, identify trends, and support decision-making.
• Develop and implement training programs to educate employees on regulatory requirements and compliance responsibilities.
• Communicate and liaise with regulatory bodies, respond to inquiries, and provide requested information.
• Manage the selection, implementation, and maintenance of regulatory reporting systems and software applications.

Analyst Expectations:

• Perform prescribed activities in a timely manner and to a high standard, consistently driving continuous improvement.
• Requires in-depth technical knowledge and experience in assigned area of expertise.
• Thorough understanding of underlying principles and concepts within area of expertise.
• Lead and supervise a team, guiding and supporting professional development, allocating work requirements, and coordinating team resources.
• Demonstrate leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard.

Requirements:

• In-depth technical knowledge and experience in prudential regulatory reporting.
• Strong understanding of regulatory requirements and compliance responsibilities.
• Excellent analytical and communication skills.
• Ability to lead and supervise a team.

What We Offer:

• Competitive salary.
• Opportunity to work with a global bank.
• Collaborative and dynamic work environment.