NA Regulatory Reporting - Vice President
State Street
- Bangalore, Karnataka
- Permanent
- Full-time
- Lead the preparation, review, and submission of regulatory reports to US based regulators. Managing the end-to-end report production processes including the collation of data, performing trend analysis and reconciliation.
- Actively participate in internal and external audit and assurance reviews. Effectively manage the resolution of identified issues. Develop and execute the associated remediation plans
- Partner with various internal stakeholders (IT, Global Accounting, Controllers) on change management activities and process improvement initiatives to ensure that the changes are implemented in a timely manner and regulatory framework enhanced as applicable
- Oversee the design and implementation of end-to-end reporting processes, ensuring that each process is suitably designed and operationally feasible
- Participate in periodic review meetings with State Street management and various US based regulators such as FRB, OCC, FDIC and State review teams.
- Independently lead discussions with regulators, conduct applicable data / system analysis and respond to regulator enquiries in a timely manner
- Assess and analyze proposed changes to regulations and determine its impact on regulatory filings.
- Demonstrated experience in leading an end-to-end regulatory reporting lifecycle, working across technology, data, reporting and controls within a financial services environment
- Ability to thrive in a fast-paced, deadline-driven environment by demonstrating excellent time management and planning skills
- Prior experience in US regulatory reporting at a global investment bank and knowledge of accounting principles and US GAAP
- A relationship builder with the ability to establish, develop and maintain effective working relationships with business and functional partners at the firm
- Experience managing global initiatives including timelines, stakeholder management, interdependencies resource allocation and senior management communication
- Strong analytical mindset with the ability to take ownership, solve problems and improve on existing reporting processes
- Good verbal and written communication skills with the ability to provide clarity on complex topics
- Ability to manage multiple concurrent responsibilities and deadlines
- Bachelors’ degree in accounting or finance, with US GAAP familiarity required
- CA, CPA, MBA, or Master’s degree in accounting or finance a plus
- Background in public accounting or bank reporting
- 14-18 years of relevant experience in a Bank or Financial Institution is a must
- Highly proficient in Microsoft Office products and able to learn other systems quickly; Business Intelligence tools and Essbase familiarity a plus