Regulatory Reporting

Company: DBS Bank
Location: Chennai, Tamil Nadu, India
Employment Type: Full-time
Description:
Job Purpose

With merger of Lakshmi Vilas Bank and introduction of various strategic initiatives with automations being launched, the portfolio is expected to grow and along with it, the reporting requirements and complexities are expected to increase, which would demand a junior maker for the standard regulatory reports and day-to day BAU activities & to maintain report hygiene and ensure timely, accurate submission of all returns to the regulator / internal stakeholders

Key Accountabilities
• Ensure regulatory reporting processes for reports assigned are followed and returns are submitted accurately and on time.
• Identification and escalation of issues to supervisor for streamlining the processes & tracking resolution of issues
• Ensure queries and ad-hoc reporting requirements are answered and attended to or escalated, on time
• UAT testing of Regulatory Reporting to help reduce manual intervention and increase efficiency under supervision
• Remain updated on Regulatory… environment

Job Duties & responsibilities

Preparation of daily/monthly Regulatory Returns / Internal MIS/ data handoffs to other teams

Ensuring timely and accurate submission

UAT testing of reports under supervisor’s guidance.

Daily file downloads / data preparedness for the team

Data Collation/ reconciliation & allied activities

Invoice tracker / Issue tracker/ Error tracker/ Run Book maintenance.

Ensuring data uniformity across returns and early flagging off and closure of data quality issues as observed

Experience
• Good understanding of data reporting & interpretation, variance analysis, identification of scope for automation for repetitive processes
• At least 3-4 years of work experience in regulatory reporting from Credit reporting standpoint.

Education / Preferred Qualifications

The job holder needs to be at least a Graduate- BCom / Graduate in any Financial stream will be preferred.

Core Competencies (Specify core competencies required to perform job role and indicate level of proficiency.)

The job holder needs to possess the following skills:

1. Good organisation & file management skills

2. Quick adaptability and methodical working style

3. Good people skills -Positive attitude, strong interpersonal, and communication skills.

4. Good knowledge of regulations, credit processes and banking products, industries/sectors.

Technical Competencies

Good working knowledge of MS Excel & MIS

Understanding of regulatory guidelines on credit issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general.

Knowledge of various banking products and risks associated with them

Source: LinkedIn

——————————————————————————

Tadawul Academy (www.tadawul.academy) is the highest rated CISI training academy in the world. Over 7000 students are enrolled on our eLearning platform. Our portfolio of qualifications includes: CISI ICWIM (Int. Certificate in Wealth and Investment Management), CISI UAE Financial Rules and Regulations, CISI Risk in Financial Services, CISI IISI (Int. Introduction to Securities and Investment), CISI Corporate Finance Technical Foundations, CISI Combating Financial Crime, CISI Global Financial Compliance, etc.

×