AVP - Risk Reporting Senior Analyst - MUMBAI

Posted:
8/13/2024, 5:00:00 PM

Location(s):
Mumbai, Maharashtra, India ⋅ Maharashtra, India

Experience Level(s):
Senior

Field(s):
Business & Strategy

The primary focus of the Risk Data Analytics Reporting and Technology team is to prepare complex and comprehensive risk management information in an accurate, timely and reliable manner.  The team is heavily involved in submission of Regulatory Returns as prescribed by the Reserve bank of India (RBI) in wholesale credit risk domain. In addition facilitating Risk Managers, Business Managers and Senior Management with critical data for portfolio monitoring, business reviews and regulatory reviews, as well as engaging in strategic initiatives and implementing new processes.  The team interacts with a range of other stakeholders across the firm including Finance, Technology, Business units, and Audit, and also assists with ad-hoc deliverables for regulators and other external audiences whenever required

In this role, you will be responsible for:

  • Prepare monthly / quarterly risk regulatory reports pertaining to WCR India regulatory landscape for submission to the RBI

  • Build governance around Reporting activities and deliver against the committed SLAs [Sample reports : CRILC, CIBIL, SMA, LEF, RLC, NESL, SIBC, RBS, etc.]

  • Reporting can cover a variety of areas including but not limited: Credit Risk Exposure, Portfolio Concentrations and Limit Exceptions.

  • Developing and implementing a process to ensure the accuracy of submissions by coordinating an overall review process, working with the Responsible Business and other control functions

  • Business analysis support for solutions and platforms delivering risk data and adhoc regulatory asks

  • Utilize Tableau to design visualizations, dashboards and data flows

  • Work on critical Risk-wide initiatives such as Tableau implementation, end-user computing reduction, and process/data controls.

  • Participate in initiatives to develop effective controls for data, data quality metrics and governance

  • Collaborate with risk and SME reporting leads on initiatives, key reports, and presentations.

  • Assists in centrally acquiring all data related to Risk management and regulatory reporting processes while ensuring data quality, completeness and consistency across the organization.

  • Designs, implement, and monitors key performance indicators and metrics

  • Leverages technical expertise to execute quantitative analyses that translates into actionable insights for management.

  • Responsible for timely identification and escalation of control issues and drive opportunities to improve controls to build a standard and simplified best in class control environment

  • Communicate and enforce standard policies, requirements, procedures, and controls within the regulatory reporting team

  • Interface with Concurrent Audit, Internal Audit (IA) and external audit, as needed

  • Manage Corrective Action Plans by instituting a strategic remediation plan

  • Maintain cadence with senior stakeholders and apprise them of the ongoings’

Ideally, you should have the following qualifications:

  • 10+ years of experience in financial services or related industry viz preparation of reports some of which are CRILC, Credit Bureau reporting, SMA

  • Excellent project management and organizational skills and capability to handle multiple projects at one time

  • Strong quantitative/analytical skills including understanding of core risk management / Banking Concepts. Work experience in banking risk management and Risk Analytics will be an added advantage

  • Experience building dashboards and reports in BI tools such as Tableau, Power BI, or other packages

  • Understanding of programming, technology systems, risk data, and automation will be preferred

  • Proficiency with MS Office Suite (Word, Excel, PowerPoint) including VBA

  • Strong written and verbal communication skills and organizational skills

  • Ability to train the trainer in Risk subjects as well as softer aspects of management

  • Ability to work independently and multi-task effectively in a high volume and complex environment with changing priorities

  • Acts as SME to senior stakeholders and /or other team members.

Education:

  • Professional degree equivalent to CA / MBA Finance or Post Graduates from premier universities.

  • Bachelor / Master’s degree in Finance, engineering, computer science or other analytically intensive discipline will be an advantage.

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Job Family Group:

Risk Management

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Job Family:

Risk Reporting

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Time Type:

Full time

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