Senior Regulatory Reporting Analyst Job in Idfc First Bank

Role: Senior Regulatory Reporting Analyst
Function/Department: Finance
Experience: 5-10 Years
Education:
Graduation: B.Com, B.Sc, BA, BBI, BMS
Post-Graduation: MBA, M.Com, MA
Professional Certification (Preferred): CA, CS

Job Purpose:
We are looking for a Senior Regulatory Reporting Analyst to manage financial analysis, regulatory reporting, and capital adequacy calculations. The role involves ensuring accurate, timely, and compliant financial reporting, maintaining the MIS system, and generating analytical reports to aid senior management in strategic decision-making. The candidate will also collaborate with various departments to optimize financial processes and regulatory adherence.

Key Responsibilities:
Financial & Regulatory Reporting:
Prepare and review financial and regulatory reports in compliance with banking regulations.
Ensure timely and accurate financial reporting to senior management and regulatory bodies.
Maintain the funds transfer pricing process to assess business unit performance.
Accounting & Operations:
Perform month-end closing activities, including revenue and expense accounting, account reconciliations, and variance analysis.
Oversee accounts payables, receivables, credit, and collections to ensure financial accuracy.
Address financial inquiries and ensure compliance with accounting standards.
Financial Analysis & Risk Management:
Analyze key financial ratios (solvency, profitability, growth) to assess the bank's financial health.
Identify process improvements in financial data collection, reporting, and automation.
Undertake self-assessments to mitigate financial and regulatory risks.
Technology & Process Improvement:
Work closely with technology teams to enhance regulatory reporting systems.
Ensure operational documentation is best-in-class and audit-ready.
Stay updated with market trends, competitor strategies, and regulatory changes.
Audit & Compliance:
Participate in internal and external audits, ensuring adherence to regulatory guidelines.
Recommend corrective actions based on audit findings and ensure regulatory compliance.
Maintain up-to-date knowledge of banking regulations and industry standards.

Preferred Skills & Attributes:
Strong knowledge of banking regulations, financial reporting, and capital adequacy calculations.
Proficiency in financial analysis, accounting principles, and risk assessment.
Experience with regulatory reporting tools and financial systems.
Strong analytical skills with the ability to interpret data and provide strategic insights.
Excellent communication and stakeholder management skills.

Why Join Us?
Opportunity to work in a high-impact role within the Finance & Regulatory Reporting domain.
Exposure to regulatory compliance, financial strategy, and technology-driven process improvements.
Collaborative work environment with opportunities for career growth and learning.

If you have expertise in regulatory reporting, financial analysis, and compliance, we invite you to join our team and play a pivotal role in shaping our financial strategy!