Senior Analyst - Regulatory Reporting

Exciting opportunity to be part of the external Regulatory Reporting team with exposure to work on various US regulatory reports.

Explore, drive, and maintain a robust governance framework which adheres to all applicable laws, regulations, and internal policies to avoid adverse regulatory actions or reputational damage

Position Title: Senior Analyst

Career Level: P2

Job Category: Sr. Associate

Role Type: Hybrid

Job Location: Bangalore

Regulatory Reporting team is responsible for various US regulatory reports such as Call Report, FR Y-9C, CCAR, TIC Reports, FR 2900 and FR 2052a etc. along with handling multiple data projects and remediation programs. The team interact with multiple functions such as IT, data owners, line of businesses etc.

Senior Analyst Regulatory Reporting will be responsible to work on US regulatory reports in compliance with legal and regulatory requirements, company policies and procedures, and generally accepted accounting policies as well as apply understanding of current report production process and requirements to drive automation of report production in associated reporting tools. The candidate will be part of the External Regulatory Reporting Group.

Key Deliverables (Duties and Responsibilities)

Ensuring accurate reporting across various reports but not limited to FFIEC031, FR Y-9C, FR Y-14M, FR Y-14Q etc.

Communicate issues with appropriate data owners. Monitor and track issues to ensure timely and appropriate resolutions are achieved.

Issue management, project management and key metrics for periodic updates to stakeholders.

Assess, develop and maintain proper controls, robust documentation, and change management approach for all reporting areas – automated and manual – associated with regulatory reporting function.

Partner with Financial, business subject matter experts, other analysts and developers to ensure requirements are captured appropriately and solutions implemented adequately to address the business needs.

Stays current on new and evolving regulatory reporting requirements, assess impact and ensure compliance for accurate reporting.

Participate in projects as required for new initiatives, process improvements or technology implementation and development. Participate in bank examinations and internal and external audits.

Develop, implement, and maintain effective governance structures, policies, and procedures that aligns with regulatory requirements and industry best practices.

Execute and take ownership of IPE/manual data collection and attestation process using emerging technology which includes escalation process, access management, coordination with regulatory reporting team and data providers, assumption inventory, metrics etc.

Provide support to achieve regulatory reporting goals such as decrease in manual adjustments, robust desktop procedures and create/review/update various internal controls on timely basis.

Update policies and procedures, ensuring they are clearly worded, legally sound, and consistently applied across the function.

Partners: Cross functional teams such as Regulatory Reporting, SEC Reporting, Finance IT, Finance Data, Lines of Business.

We are committed to providing an inclusive and accessible hiring process. If you require accommodations at any stage (e.g. application, interviews, onboarding) please let us know, and we will work with you to ensure a seamless experience.

FC Global Services India LLP (First Citizens India) is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive and accessible environment and prohibit all forms of discrimination on the basis of gender, religion, caste, disability, sexual orientation, economic status or any other characteristics protected by the law. We strive to foster a safe and respectful environment in which all individuals are treated with respect and dignity. Our EEO policy ensures fairness throughout the employee life cycle.