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Posted on : 2021-07-13 AVP/VP - Control Testing (Regulatory Reporting) For A MNC Banks Captive Unit. Exp: 15+ Yrs, Loc: Hyd/BLR Location : Hyderabad/Bengaluru
Last Date to Apply 2021-07-18
Job Description

About the Role
This role is in the Regulatory Reporting Incremental Compliance (RRIC) team within Independent Testing & Validation (IT&V). RRIC is a centralized team, operates as a second line of defense over the regulatory and risk report production processes subject to BCBS 239 requirements. The team is an integral part of the Company’s control environment and provides credible challenge to relevant participants in the reporting processes. RRIC has enterprise-wide exposure to lines of business, regulatory and risk reporting stakeholders as well as the external financial reporting and regulatory reporting infrastructures and frequently coordinates with internal audit.

Responsibilities of the Enterprise Testing Manager role include, but are not limited to:

  • Manages a team of Officers, Associates and/or Sr Associates or cross-functional teams in accomplishing goals and priorities
  • Leads moderate to high risk or complex review activity engagements. Performs moderate to high-risk quality reviews
  • Develops, maintains and executes the annual testing plan
  • Escalates any critical or high risk issues to appropriate leadership. Identifies potential corrective actions, and follows through on reporting, escalation, and resolution. Ensures issues are identified and documented. Provides thoughtful independent credible challenge to lines of business, across risk programs and the enterprise
  • Assesses, documents, and communicates emerging risks, themes and identified issues to leadership and risk partners in a timely manner. Provides status updates to key stakeholders on programs and specific reviews where warranted
  • Leads implementation of complex and strategic initiatives with moderate risk and complexity
  • Manages communication and collaboration with business heads, Legal, Audit, and regulators on risk related topics


The successful candidate will be a team player and a self-starter who is accustomed to working in complex organizations, partnering with a diverse group of stakeholders, and achieving results. Candidates with extensive experience in preparing or reviewing regulatory returns including capital adequacy, liquidity coverage, recovery planning etc. are encouraged to apply.


Required Qualifications 

  • 15+ years of relevant experience in regulatory reporting and risk management includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, business process management)
  • 5+ years must include direct experience in regulatory reporting and testing
  • 12+ years of leadership experience including people management experience

 Desired Qualifications 

  • Knowledge and understanding of financial services industry: compliance, risk management, or audit operations
  • A BS/BA degree or higher in one or a combination of the following: Finance, Accounting, Analytics, or Reporting
  • Big four public accounting experience
  • A Master of Business Administration (MBA) or a  Certified Public Accountant (CPA) designation
  • Knowledge and understanding of regulatory reporting e.g. Central Bank of Ireland, Federal Reserve, Financial Conduct Authority, OCC, SEC etc.
  • Knowledge and understanding of regulatory compliance requirements surrounding SOX Sarbanes-Oxley Act
  • Experience presenting  technical concepts to senior leaders
  • Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
  • Ability to translate and summarize complex data into understandable, actionable information and recommendations
  • Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
  • Specialized knowledge or prior regulatory compliance testing or review experience
  • Experience reviewing testing strategies and methodologies; evaluating the adequacy and effectiveness of policies, procedures, processes, initiatives, products and internal controls; and identifying issues resulting from internal and/or external compliance examinations
  • Intermediate Microsoft Office (Word, Excel, Outlook, and PowerPoint)
  • Familiar with considering a broad range of issues in making decisions, and holds oneself accountable for delivering on commitments and renegotiating when needed
  • Experience leading, training, and providing feedback to staff and corresponding managers
  • Time management skills and ability to meet deadlines coupled with experience renegotiating times lines when needed
  • Ability to take on a high level of responsibility, initiative, and accountability
  • Ability to present results of analyses and recommendations to senior leaders or executives

Salary Upto 52L Fixed + Bonus
Industries Type Banking
Employement Type Full Time
Experience 10+
Education Graduate

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