Regulatory Reporting (Governance) - Emerging Lead Regulatory Reporting (Governance) - Emerging Lead …

State Street Corporation
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street Corporation
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street Corporation
Regulatory Reporting (Governance) - Emerging Lead
Basic Purpose of Job:
State Street is seeking a Senior Associate level employee to join the Regulatory Reporting Governance (RRG) team. The RRG team is responsible for the governance and oversight over regulatory reporting. Some of the key responsibilities for the RRG team include: assisting process documentation, enhancing internal controls, implementing change management, providing regulatory reporting focused training, reporting issues and/or reporting metrics to senior management, monitoring regulatory reporting related policies, and other ad hoc regulatory reporting projects. This position will provide visibility to regulatory reporting and beyond, since the RRG team works with numerous functions with State Street to drive changes in the regulatory reporting process.

Responsibilities & Tasks Include:
As a member of the RRG team, the Senior Associate will work on the following:

  • Assist in the execution of the governance framework over regulatory reporting globally
  • Create/review regulatory reporting process flows for US, EMEA and APAC processes
  • Track and communicate changes that impact regulatory reporting, including report instructions, new products / services, chart of account updates, etc.
  • Monitor checklist and training compliance
  • Assist preparation of materials to be presented at the quarterly All Hands Meetings
  • Coordinate and liaise in creation of training materials
  • Assist with issues management (tracking and reporting)
Job Requirements:
Education and Experience
  • Bachelor's degree required, preferably in accounting, finance, or economics
  • 3-4 years of progressive experience in banking or financial services
  • Proven track record of advancement and business success
  • Financial services Risk Management, Regulatory compliance and Reporting experience
  • Experience in data analysis, including Microsoft Excel for data extraction, analysis and transformation

Skills/ Knowledge
  • Subject matter expertise in accounting and finance with strong technical knowledge of financial services industry accounting and reporting preferred
  • Ability to understand and document business processes
  • Ability to develop process maps
  • Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word, Visio)
  • Knowledge of the financial services regulatory environment
  • Understanding of Regulatory Reporting Frameworks (e.g. Basel rules)
  • Direct experience with Regulatory Reporting preferred
  • Knowledge of financial instruments and financial institution operations
  • Exceptional written and verbal communication and presentation skills
  • High level of interpersonal skills and integrity
  • Ability to coordinate and communicate across multiple levels of management
  • Complex problem solving expertise
  • Deadline focused with ability to adapt under pressure
  • High degree of attention to detail and focus on error-free execution

Company Overview

From technology and product innovation to corporate responsibility and community development, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people - strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. That's why we're keenly focused on employee development, corporate citizenship and inclusion.

For us, success comes in the mark we make as an organization - for the industry, our clients, our communities and each other.