Financial and Regulatory Reporting Specialist
Refined job description
ROLE
– Accountable for processing significant manual and complex reconciliation activities, taking ownership of complex issues from identification to resolution and acting as a subject matter expert for specific report schedules.
– Analyze the impact of, develop positions toward, and comment on proposed and final regulatory rules.
– Prepare and present quarterly analytics and variance analyses for due diligence with senior management and functional partners.
– Lead or actively participate in process improvement and automation initiatives aimed at enhancing reporting efficiency and control effectiveness, leveraging advanced data tools like SAP, Python, PowerQuery, and AI.
– Mentor junior team members and lead small project initiatives, fostering collaboration and continuous improvement.
– Collaborate effectively with diverse internal teams and external stakeholders across regions to ensure seamless reporting and maintain strong relationships with the onshore US CFO team.
– Ensure appropriate controls across all financial processes relating to the organization.
REQUIREMENTS
– 5‑10+ years of regulatory reporting experience within a global investment bank, managing complex reports for multiple entities.
– In‑depth understanding of banking regulatory reporting
Full job description
Job Description:
Job Title: Financial and Regulatory Reporting Specialist
Corporate Title: Assistant Vice president
Location: Pune India
Role Description
As an Assistant Vice President in our US CFO function in Mumbai India you will be a key contributor to driving sustainable financial performance across the United States. This role requires significant experience in regulatory reporting and a strong understanding of US regulatory requirements.
You will be fully accountable for ensuring the accuracy timeliness and completeness of a wide range of regulatory and financial reports directly contributing to safeguarding the financial stability of Deutsche Bank USA and maintaining its license to operate.
You will analyze the impact of regulatory changes process complex reconciliations and contribute to stakeholder engagement in our collaborative and global environment. Deutsche Bank values diversity agile thinking and innovation and encourages employees to embrace citizen development applying advanced data tools like SAP Python PowerQuery and AI to enhance reporting processes. This role offers excellent career growth and development opportunities including mentorship and leadership of small projects and contributes to continuous process improvement and automation.
What we’ll offer you
As part of our flexible scheme here are just some of the benefits that you’ll enjoy
Best in class leave policy
Gender neutral parental leaves
100% reimbursement under childcare assistance benefit (gender neutral)
Sponsorship for Industry relevant certifications and education
Employee Assistance Program for you and your family members
Comprehensive Hospitalization Insurance for you and your dependents
Accident and Term life Insurance
Complementary Health screening for 35 yrs. and above
Your key responsibilities
Process prepare review and ensure the submission of regulatory report filings with regulatory bodies such as the Federal Reserve Bank of New York OCC FDIC SEC FINRA and other regulatory bodies (i.e. FRY-9C FRY-9LP FRY-12 FRY-15 FFIEC 009). This includes internal reporting such as balance sheet P&L and US regional submissions of general ledger.
Be accountable for processing significant manual and complex reconciliation activities to ensure alignment across regulatory reports. Take ownership of complex issues from identification to resolution often acting as a subject matter expert for specific report schedules.
Analyze impact of develop positions toward and comment on proposed and final regulatory rules.
Prepare and present quarterly analytics and variance analyses for due diligence with senior management and functional partners.
Liaise with various internal (i.e. Regulatory Relations Legal Compliance Audit Finance Project Office Business Operations) and external constituencies (i.e. regulators external auditors consultants).
Lead or actively participate in process improvement and automation initiatives aimed at enhancing reporting efficiency and control effectiveness leveraging advanced data tools like SAP Python PowerQuery and AI.
Mentor junior team members and lead small project initiatives fostering a culture of collaboration and continuous improvement within the team.
Collaborate effectively with diverse internal teams and external stakeholders across different regions to ensure seamless reporting and build and maintain strong working relationships with the onshore US CFO team.
Ensure appropriate controls across all financial processes relating to the organisation.
Your skills and experience
5-10+ years of regulatory reporting experience within Regulatory Reporting at a Global Investment Bank managing complex reports for multiple entities.
In-depth understanding of banking regulatory reporting rules and regulations and regulatory expectations from agencies like the OCC FDIC SEC and FINRA.
Well-developed organizational analytical and problem-solving skills aligned with excellent attention to detail and time management.
Ability to interpret ambiguous regulatory guidelines resolve complex data discrepancies and develop solutions for practices out of compliance.
Possess knowledge of FBO and IHC regulatory requirements.
Proficiency in tools like SAP Python PowerQuery or similar data analytics and reporting platforms is highly valued.
Knowledge of the regulatory reporting tools (e.g. Axiom SAP) general ledgers offered products and their related activities is a plus.
Bachelor's degree in Finance or Accounting.
CPA MBA or advanced degree beneficial.
Public accounting firm experience with financial institution clients is a plus.
Proven ability to leverage AI tools to enhance productivity optimise workflows to solve business problems while applying critical judgment to ensure responsible and ethical use of data and AI outputs.
How we’ll support you
Training and development to help you excel in your career
Coaching and support from experts in your team
A culture of continuous learning to aid progression
A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly thinking commercially taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive fair and inclusive work environment.