Regulatory Reporting Job Description
Regulatory Reporting Duties & Responsibilities
To write an effective regulatory reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included regulatory reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Regulatory Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Regulatory Reporting
List any licenses or certifications required by the position: CPA, CFA, MBA, CIA, PGDBM, PMP, CA, ITIL, 9001, ISO
Education for Regulatory Reporting
Typically a job would require a certain level of education.
Employers hiring for the regulatory reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business/Administration, Business, Economics, Technical, Education, MBA, Science, Public Accounting
Skills for Regulatory Reporting
Desired skills for regulatory reporting include:
Desired experience for regulatory reporting includes:
Regulatory Reporting Examples
Regulatory Reporting Job Description
- Assist in develop robust internal controls governing Reg Cap including policies and procedures
- Produce Bank Of England (BOE) reporting forms like Form BT, ELS, AD, AL, BE, CA, CC, CL & CX
- Manage the maintenance and development of all regulatory documentation
- Aide business area in assessing, documenting and implementing the reporting treatment of new products
- Prepare analysis for management updates
- Provide experienced regulatory analysis around EMIR
- Provide support around transaction data required for Collateral and Valuation Reporting
- Produce functional specifications for proposals to regulatory requirements
- Cover gaps across the regulatory programme, producing impact assessments for changes in reg or further clarifications
- Assisting with the preparation of regulatory reports (FFIEC 041-Call Report, FFIEC 101, FR 2900, FR 2915, FR 2644, FR Y-8, FR2028, FR2420), ensuring that appropriate auditable documentation for all reports exists
- Renovating regulatory processes
- Leading responses to FCA/industry focused initiatives
- Calculate the relevant sections required of returns, such as Non-Standard Asset, Securitisation for submission to SARB within set deadlines
- Build stakeholder relationships, with Group Finance, Group Credit etc
- 3 years’ experience in the compilation of risk data and or financial returns to the SARB would be preferred
- Minimum 3 years of experience in financial services, management reporting
Regulatory Reporting Job Description
- Assist in the development of the business architecture required to support the Intermediate Holding Company’s (IHC) regulatory reporting requirements
- Manage the IHC regulatory reporting for the reports the IHC will be required to complete (FR Y-9C, FR Y-11, FR 2314 and FFIEC 009)
- Work with compliance, risk and business to interpret regulatory trade reporting requirements and apply it to the processes and controls that meet them
- Manage, prioritize and perform complex trade reporting in accordance with regulatory and company requirements, including the adherence to multiple written supervisory procedures
- Communicate risks and issues to leaders
- Create new processes and reports to support enhanced or changed reporting requirements
- Complete ad hoc analysis on trading and reporting
- Partner with internal and external business partners to research and resolve issues
- Project planning and timeline development, to ensure that projects are completed by applicable deadlines, to provide partners with reasonable advance notice of upcoming projects, and to ensure that design and translation resources are available when needed
- Copywriting, to ensure documents are as user-friendly as practical and to adapt language used in other projects or contexts as needed
- Team player, with ability to motivate other staff
- Graduate caliber (MBA) or equivalent work experience
- Strong experience of Basel III in a financial institution with detailed understanding of Capital and Financial Risk and the relevant control techniques both theory and its application in practice
- Experience with credit or market risk with a good understanding of traded market and credit risk exposure measurement (VaR, CVA, PFE, EPE)
- Experience in OTC clearing and familiarity with OTC Derivatives Clearing regulations
- Good awareness of trading and banking products to support line of business understanding of Basel III capital requirements
Regulatory Reporting Job Description
- Preparation and submission regulatory reporting to both internal and external stakeholders including the FCA/PRA, EBA (CoRep), internal management
- To lead and provide guidance to the Singapore Regulatory Reporting team
- To provide effective oversight on Regulatory Reporting processes and ensure robust controls are in place in line with governance and controls framework
- Build effective processes to track and highlight key risks and issues to the regulatory reporting track force
- Manage, support and deliver implementation of changes to regulatory reporting as per guidelines specified by the regulator
- Manage and support finance projects (including system enhancements) with the objective of ensuring continuity of compliance to regulatory reporting requirements and enhancement of data quality and process efficiency
- Web posting, to ensure that all materials are maintained online for internal (head/back office and/or retail branch, as appropriate) and/or external audiences, as appropriate
- Post-mortem reporting, to determine changes in approach or planning on future projects
- Prepare the Daily SEC 15C3-1 regulatory capital calculation for the minimum net capital requirements for broker-dealers
- Monitor the daily cash balances of Customer Segregated Accounts to ensure regulatory compliance
- Demonstrated ability to adapt operations to new regulatory demands
- Demonstrated experience managing the implementation of new systems/applications
- Ability to provide examples of how industry is implementing relevant regulatory requirements and an awareness of the key challenges organizations face
- Experience working in a Risk Management Function, a change function or within a management consultancy
- Calculation and reporting of Basel 3 Market Risk and Counterparty Credit Risk RWAs relating to Asia legal entities’ to enable senior management, Treasury and front office COOs to monitor business levels and fluctuations on a daily basis
- Monitor inter-company large exposures within business limits on a daily basis
Regulatory Reporting Job Description
- Supervise UAT testing for report built in AXIOM
- Coordinate the data aggregation within various infrastructure areas within the IHC
- Developing a data governance and attestation framework for the FR Y-9C, FR Y-11, FR 2314 and FFIEC 009
- Interact with the FRB Supervisors on queries they may have on reports
- Perform analysis on the RWA calculation under Basel III standard approach
- Performance manage staff
- The Data Service Architect will focus on Core Database and Business Intelligence and must apply analysis skills and experience in principles of installation, configuration, availability, recoverability, scalability, performance tuning, to define appropriate customer solutions
- Ensuring current written procedures
- Contribution to relevant process re-engineering and automation initiatives
- Development/maintenance of procedure documentation
- Escalate daily RWA issues to line manager identifying root causes and propose mitigation actions
- Strong controls awareness via reconciliations and challenging what you do not understand
- Regulatory experience, in particular EMIR transaction reporting, trade clearing management, and workflow around lifecycle
- End to end experience of trade reporting
- 5 years of professional experience or college degree
- Experience with Hogan CIS
Regulatory Reporting Job Description
- Responsible for accurate large trader reporting in accordance with CFTC Form102
- Responsible for monitoring and problem solving with regards to FCA Transaction Reporting
- To assist in Customer Complaints, where appropriate
- To assist, where necessary, with reporting of Suspicious Activity Reports and Suspicious Transaction Reports
- To assist, where necessary, with Compliance KYC Audits and other Compliance related audits
- To assist in Worldcheck/Sanction Screening Analysis with Compliance KYC Audits and other Compliance related audits
- Responding to Annual and Adhoc Information Requests from Exchanges and other bodies
- Knowledge of FATCA and CRS would be an advantage
- To ensure proper functioning of day-to-day monitoring activities and highlighting internal / external trigger breaches to concerned units and senior management
- To ensure submission of the regulatory returns as per prescribed timelines and escalate in a timely manner for management action in case there are risks to the deliverables
- Demonstrates knowledge and usage of windows operating systems
- Demonstrates attention to quality control
- Demonstrates ability to calculate figures/amounts such as discounts, interest and percentages
- Knowledge in various state unclaimed property laws
- Regulatory experience, in particular EMIR transaction reporting
- 2 years of experience using Microsoft Office applications