Am - Regulatory Reporting- North America

1 week ago


Mumbai, India Riverforest Connections Full time

**Position Purpose**

The Basel III team focuses on US Basel III under standardized approach. The goal of this team is to define a target operating model and deploy the systems and processes of computation of Risk Based Capital ratio, in adherence to Group level standards and applicable E.U. regulations, to support the compliance of the U.S. platform (future IHC, applicable legal entities within its scope and U.S. branches and agencies with new U.S. Basel III requirements driven by the implementation of the EPS.

**Responsibilities**

Ensure awareness of US Basel III regulations and updates

Maintain a thorough understanding of US Basel III capital requirements and regulatory reporting requirements

Ensure preparation and execution of close process for RWA and Regulatory capital production and effective communication and coordination with other actors involved in the close process

Ensure consistency of exposures between the Accounting and the Risk or other source systems for calculation of RWA

Provide analyses of IHC spot RWA and RBC ratios

Support IHC Regulatory Reporting team for RWA and RBC related reporting such as FR Y-9C HC-R and FFIEC 102, as well as reconciliation with Regulatory Reports FR Y-9C (balance sheet, off balance sheet)

Support CCAR program for spot RWA and Regulatory Capital calculation and reporting

Ensure the proper audit trail and documentation on the Basel III RWA and RBC ratio for the IHC

Ensure that US Basel III policies are consistently applied across various businesses within the IHC (CIB, Asset Managements, BancWest)

Maintain the IHC US Basel III documentations including methodologies and procedures.

Contribute to the norms and operational committees established over the IHC RWA and Regulatory Capital

Contribute to maintenance of Moody’s Analytical (tool used for RWA and RBC calculation)

Contribute to enhancement of data quality and remediation for the IHC RWA and RBC capital calculation

In coordination with other stakeholders, establish effective reconciliations and controls process over RWA and RBC ratios

Analyze and synthesize movements in products and variations in reports

Coordinate with Bank of the West Finance for establishment of an integrated IHC RWA and RBC process

Assist the Basel III Lead with coordinating/managing internal and external resources, tracking status, key attention areas and risks, manage issues and escalate effectively

**Other Job Duties**

Participate in projects as required for new initiatives, process improvements or technology implementation and development

Participate in bank examinations and internal and external audits

Performs other duties as assigned

**Required Experience**

Requires 5years of relevant experience.

Strong Analytical and Organizational Skills

Effective Communication Skills and a professional style

Strong analytical skills and advanced technical skills (i.e. MS Word, Excel, PowerPoint, Access)

Change management and analytical skills

Ability to build relationships across functional teams, detailed oriented, and strong leadership skills

Data Analysis and SQL experience

**Technical & Behavioral Competencies**

Previous financial services experience in Public Accounting (i.e., Audit or Consulting)

Strong regulatory & financial reporting knowledge prevalent in banking/financial institutions

Public Accounting and financial statement preparation experience

Strong Accounting background with solid general ledger experience

Solid knowledge on capital adequacy requirements (US Basel III) and hands-on experience

Intensive experience on RWA calculation, analysis and reporting

Accounting and reporting experiences (5 years and more) in banks or in Broker-dealers

SEC Reporting experience strongly preferred

U.S. GAAP including recent pronouncements

Knowledge of FBO and IHC requirements is preferred

**Education**

Bachelor’s degree in Accounting or Finance required
Master’s degree in Accounting or Finance preferred

**Skills Required**:
Regulatory Reporting;Basel Iii

**Location**

Mumbai

**Years Of Experience**

5 to 8 Years



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