Finance Reporting Analyst I Rwa
Year Mumbai, Maharashtra, India
Job Description
The Finance Reporting Analyst is responsible for driving the generation, analysis, and submission of various RWA reports to various constituencies based on Basel III requirements in coordination with the broader Financial Reporting Team. The overall objective is to apply in-depth disciplinary knowledge to contribute to directional strategy. The Team tasks include-
- Responsible for analyzing and reporting Credit Risk Weighted Assets (RWA) under US Basel rules for Banking Book, Counterparty Credit Risk and Retail exposures.
- Responsible for understanding the drivers of the MoM or QoQ movements and validates RWA results through business, technology or SME confirmations during the month end close
- Utilize knowledge of products, systems and process flows to provide insight and recommendations on identified issues
- Work with Tech on MQCs and JIRAs to raise, track and remediate DQ issues
- Monitor and put efforts to maintain Proxy RWA below 5% of total on a monthly basis
- Responsible for both Retail Reporting process and RWA Retail Analytics support for exposures going through consumer models.
- Data accuracy and completeness check in the form of Retail Decomposition and Gross Credit Loss Recoveries reconciliation, Retail Treasury uploads to Optima
- Perform Retail RWA Analytics including RWA Variance Production and Attribution Analysis, Topside Preparation, Cluster Change Analysis, and general business query support.
- Work on strategic initiatives related to improvement of calculation and RWA processes
- Develop relationship with key stakeholders and help the team improve SME skill sets by providing or managing training program
- Support the analysis and submission of reports to various constituencies including but not limited to Basel III based on requirements such as US GAAP, US Regulatory, and local statutory reporting
- Regulatory RWA Report FFIEC submission
- Contribute to Pillar 3 disclosures
- Build senior leadership packs for review at Bank and MLE
- Make use of automation tools to make the processes more efficient
- Participate in post-mortem efforts post month-end and quarter-end reporting
- 1 - 3 years work experience in finance or accounting or a related control discipline
- Demonstrated understanding of Counterparty Credit Risk concepts
- Strong understanding of Banking products like SFT, OTC Derivatives, Equity / Debt
- Experience in programming language like Python, SQL, R etc & Business Intelligence tools eg. Tableau/ Alteryx will be an added advantage
- CA / MBA / Bachelors from Finance Domain/ B. Tech with good Finance understanding
- Professional Qualifications like CFA/ FRM/ PRM are a plus
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Job Detail
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Job IdJD3074976
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationMumbai, Maharashtra, India
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EducationNot mentioned
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ExperienceYear