Description
We are seeking an Accounting Control Specialist to join our Finance Control Oversight (FCO) team in Mumbai, India.
The primary objective of the Quality Assurance (QA) function within FCO is to provide an independent validation and enhancement of regulatory reporting data integrity.
Key Responsibilities:
- Develop and maintain strong relationships within Finance and other areas of the Bank globally to build an understanding of the end-to-end control environments
- Work within the QA team to assist in the execution of the annual Regulatory Reporting QA review plan
- Perform Supervisory and Review of Regulatory Reporting QA reviews in accordance with the QA Framework standards, which includes testing design and operating effectiveness of controls and completing front to back transaction testing
- Communicate with management any issues from the review that may affect the accuracy of the regulatory reports filed or the supporting control environment
- Draft Regulatory Reporting QA issues (as they arise) that document the control deficiency or report inaccuracy, root cause and regulatory impact
- Work with issue owners on effective remediation, remediation ownership and challenge of remediation efforts
- Adhoc projects, as needed
Requirements:
- Understanding of controls and practical application of control principles
- Ability to challenge existing processes and recommend process and control improvements where relevant
- Excellent verbal and written communication skills
- The ability to operate effectively within a global organisation working with teams across multiple entities
- Project management skills and ability to prioritise and coordinate various deliverables across multiple owners
- Degree in Accounting or related field
Preferred Skills:
- Proficient with MS Office (Excel, Word, Power Point)
- Excellent communication skills, both written and spoken
- Self-Motivated
- Detailed Oriented
- Understanding of controls and practical application of control principles as well as an understanding of front-to-back control environments; experience in Financial Services, Comprehensive Capital Analysis Review (CCAR), Regulatory Reporting and/or Treasury a plus
What we offer:
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalisation Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above