The bank for a changing world

Associate / Senior Associate - APAC Regulatory Reporting Support - GECD (GLobal Equity and Commodities Derivatives

Contract

Standard / Permanent

Location

IN-MH-Mumbai

Job function

PERIODIC CONTROL

Reference

BNP014702

 
Designation – Senior Associate / Associate
 
Experience – 3 – 4 years
 
Roles and Responsibilities
 
Primary responsibilities:
 
APAC Regulatory Reporting within Global Markets ITO
 
  1. Perform independent controls in order to strengthen the regulatory reporting control framework
  2. Perform day-to-day controls on the regulatory reports prior to submission or post submission.  
  3. Perform reconciliation of Regulatory Reports vis a vis source data / other reports and analyze all resulting breaks.
  4. Communicate breaks to the concerned teams for resolution. 
  5. Follow-up with concerned teams till the resolution of communicated breaks.   
     
    Main drivers are client service quality, independent control, operational risk safety and cost efficiency.
     
    ISPL working hours and public holidays (Hong Kong) need to be followed.  
     
    Daily Responsibility:
     
  6. Various ITO team in Asia will send regulatory reports to ISPL Team.  Various controls will have to be performed on these reports (in a given timeline/cut-off time)
  7. Each report will have a defined set of controls which could include :
    1. Variation compared to previous report
    2. Consistency check across the report (or comparison with another report which includes same or similar data)
    3. Reconciliation with another source of Data
  8. Depending on the breaks, communicate with the ITO team responsible for the data to investigate the breaks.
  9. Once  breaks are resolved or cleared , provide greenlight for submission
  10. Keep track of all breaks in order to report KPI of daily/weekly activities
  11. Any delay in the control process need to be reported to the concerned ITO team. 
     
    Educational qualification
  12. Bachelor or Master Degree in commerce or MBA
  13. Certification in Capital Markets from Imarticus learning Institute or equivalent  
  14. Experience in reconciliation of equity and derivative products
  15. Knowledge in Financial Products, Front to Back workflows and the product event management would be a significant plus.
  16. Excellence in Microsoft Excel and programming tools such as VBA, Excel, Access, Macro  would be a significant plus.
     
    Skills and competencies needed in the individual :
  17. Mandatory - Attention to detail: Ability to ring the bell for any abnormal trade pattern and escalate in timely manner
  18. Mandatory - Analytical mindset: Aptitude to understand the Front to Back workflows and handle exceptional issues with logical mindsets to communicate with concerned
  19. Mandatory - Escalation & Reporting process: Internal rules of reporting and escalation to Ops and Front Office need to be known & applied. The team member also needs to report any sensitive information / issues and escalate immediately to concerned.
  20. Mandatory - Self-discipline & autonomy: Have a constant “delivery on time” mindset, both on the daily production and on the projects handled. Ability to work on its own with little supervision.

Educational qualification
  1. Bachelor or Master Degree in commerce or MBA
  2. Certification in Capital Markets from Imarticus learning Institute or equivalent  
  3. Experience in reconciliation of equity and derivative products
  4. Knowledge in Financial Products, Front to Back workflows and the product event management would be a significant plus.
  5. Excellence in Microsoft Excel and programming tools such as VBA, Excel, Access, Macro  would be a significant plus.