Job Title:  Deputy Manager | Not Applicable | Pune | Regulatory & Financial Risk

Job requisition ID ::  73506
Date:  Oct 24, 2024
Location:  Pune
Designation:  Deputy Manager
Entity: 

Job Description :


Role : Reg Reporting - Business Analyst / PMO / Operations manager (BaU Reporting)

Location : Pune or Gurugram

Experience range : 5 to 10 years

Availability : 0 – 90 days


Responsibilities:

  • Drive the alignment and review of the target operating model across all relevant processes, ensuring consistent operations and strong collaboration among Finance, Risk, and other stakeholders.
  • Facilitate Finance delivery programs to meet milestones, effectively communicate business impacts and key decisions, and engage all affected teams while maintaining regulatory confidence in bank's practices
  • Drive /influence change initiatives by collaborating with Finance and other functions, ensuring the right talent is deployed for program success while managing leadership development and succession planning.
  • Foster a high-performance culture aligned with firm's values, promoting diversity and effective communication on program progress, challenges, and decisions.
  • Capital reporting, CCR, RWA calculations
  • Manage the implementation of an efficient operating model and controls, ensuring effective operational risk assessments for new processes.
  • Continuously evaluate design decisions and operational risks in light of changing regulations, market conditions, and technological advancements, while promoting the Group's Change Framework.
  • Work with cross-functional stakeholders to prioritize and remediate data issues, chair governance meetings, and prepare briefings for Audit and Risk Committees while managing the team and service providers effective
  • Engage with program sponsors and Finance ExCo to provide insights on delivery commitments, facilitating informed decision-making among senior executives.
  • Collaborate with senior stakeholders across Finance and Risk to ensure clear understanding of program requirements, prioritization, and roadmap, while ensuring positive feedback from sponsors and stakeholders.
  • Develop and deliver clear, concise communication to stakeholders at all levels, ensuring alignment on project goals, updates, and key decisions while fostering an open dialogue for feedback and collaboration.

Challenges:

  • Aligning program objectives with the implementation of new regulatory requirements while operating within budget constraints.
  • Navigating potentially conflicting agendas, priorities, and timelines across various functions and dependent programs, as well as across different geographic and regulatory jurisdictions.
  • Integrating functional requirements and delivery commitments while considering the limitations of legacy global IT architecture.
  • Executing a major change initiative in a cost-effective way, while promoting a simplification agenda.


Requirements

  • Finance graduate (preferred CA or MBA Finance)
  • Experience with concepts of Capital reporting, Counterparty Credit Risk (CCR), Reference data management
  • Extensive experience in successfully implementing or sponsoring regulatory changes within Finance or Risk environments.
  • Strong background in accounting and regulatory practices, particularly in reporting and all aspects of regulatory compliance.
  • Exceptional skills in relationship management, collaboration, and influencing stakeholders.
  • Proven ability to drive teamwork across Finance and cross-functional teams.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Deep understanding of cross-functional operations and experience.
  • High levels of motivation, commitment, and a focus on operational excellence.
  • Familiarity with bank Group structures, values, behaviors, processes, and objectives.
  • Comprehensive knowledge of the external regulatory landscape, including political and competitive factors.
  • Relevant understanding of the Group’s Finance function across multiple locations.
  • Insight into the Finance operating model at Group, Business, and Country levels