US Regulatory Reporting - Capital Analytics _ Manager US Regulatory Reporting - Capital Analytics _  …

State Street
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street
in Bangalore, Karnataka, India
Permanent, Full time
Be the first to apply
State Street
US Regulatory Reporting - Capital Analytics _ Manager
Basic Purpose of Job:
The Candidate will be responsible for managing the work of the analytics function. This individual will provide high level subject matter expertise in Basel Capital rule related areas, including understanding of Basel regulations, State Street's business practices, and various areas of capital management processes including Credit Risk, Operational Risk, Accounting, and Capital. This individual will collaborate closely with the key stakeholders of the team to present analytical results.

Responsibilities & Tasks Include:
  • Manage the day to day activities of analytics team to ensure deliverables are performed timely
  • Verify reports and data for accuracy, completeness, and consistency
  • Ensure completion of deliverables within the committed timeframe including assistance with development of project plans, attending project specific meetings, reviewing project dashboard, soliciting status updates, and escalating issues, as warranted
  • Support to key stakeholders of the team to present analytical findings and assessment of impact from regulatory changes
  • Engage in strategic Basel related projects including RWA analysis
  • Manage QIS requests and EAD/RWA variance analysis exercises to ensure complete and accurate reporting to the bank's regulators
  • Develop peer analytical function to evaluate State Street's current regulatory capital position with its local and international peers, including reviewing industry best practices, analyzing peers Pillar 3 disclosures, etc.
  • Stay abreast on current and upcoming industry regulations and provide prompt impact assessment
  • Support capital optimization efforts through review and analysis of existing methodologies, complete monthly processes from legacy optimization efforts, and identify potential new optimization opportunities
  • Support business units with capital impact of new or restructured products/transactions to better align capital to their business decision making process
  • Provide analytical support on a variety of capital/Basel related ad hoc special projects
Job Requirements: Education and Experience:
  • Bachelor's degree required, with an advanced degree in Business, Finance, Management, or related field desired
  • 6-9 years of relevant Basel regulations experience in Credit risk, Operational risk and QIS exercise is required
  • Regulatory knowledge and understanding of EAD, RWA, PD, LGD and regulatory Capital is required
  • Effectively and efficiently lead day to day operations of analytics team and ensure accurate, complete, and timely deliverables
  • Understanding of the custody banking business
  • Proven track record of leading successful project execution
Skills/ Knowledge:
  • Advanced knowledge of Basel regulations including an understanding of risk management (e.g., credit, market, and operational risk) aspects
  • Proficiency in Microsoft Office suite (Excel, Access, PowerPoint, Word) is must
  • Proficiency in building SQL queries and knowledge of Python is must
  • Strong data crunching and Analytical skill set
  • Knowledge of Hyperion Essbase a plus
  • Knowledge of Moody's Risk Authority a plus
  • Financial product and institution knowledge
  • Project management, analytical and excellent communication, organizational and presentation skills, and ability to present complex regulatory matters to management
  • Self-motivated, self-assured, and self-managed
  • Results oriented ownership mindset
  • Excellent communication skills
  • Ability to analyze and summarize complex regulatory matters and their impact to the bank
  • Ability to multi-task and work under high pressure deadlines