Role Responsibilities:
The Reg Reporting SME will be responsible for providing specific subject matter expertise on all functional aspects relating to regulatory reporting, as and when required so that the analysis artifacts prepared by the BA team can be finalized and signed off for use by development teams. The SME will be the final review authority on all functional aspects relating to regulatory reporting.
- Strong expertise in interpreting and analyzing Regulatory Reporting / Compliance, especially US Fed regulations (e.g. FRY 9C, Call Report, CCAR 14M/Q/A or similar). Prior experience in implementation of any of these reports for a bank is highly
- Ability to read through regulatory guidelines, interpret and convert them to simplified business logic / rules that can be implemented in the product. i.e. document the regulatory guidelines in terms of specific data attributes and data aggregations required to generate the report
- Interface with the customer to understand their current processes and data flows and analyze those in context of the regulatory guidelines and the product features
- Address all functional queries relating to regulatory reporting from a product development perspective.
- Provide solutions and inputs to specific data mapping and data modeling issues relating to product development.
- Review regulatory reporting artifacts prepared by the BA team, as and when required.
- Be able to demonstrate a sound working knowledge of financial accounting (US GAAP and/or IFRS)
- Be able to think logically, imbibe product requirements speedily and relate US regulatory requirements to iterative product development initiatives.
- Possess excellent oral and written communication skills
- Have a sound basic understanding of databases, data modeling concepts, systems and data flows
- Be a good team player
Qualifications:
The candidate should ideally:
- Post Graduate in Finance (MBA, CPA or equivalent)
- Possess a minimum of 10+ years relevant experience
- Prior experience in working with banks in the Risk and Regulatory domain as a consultant / SME