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Regulatory Reporting Analyst_Finance

Company
IDFC Asset Management Company Ltd. was established in 2000 and is already one of the largest Mutual Fund houses in India. In a relatively short span of time, it has developed a robust network to deliver consistent value to its investors across India.

IDFC AMC is among the few fund houses to get an ISO 9001:2000 certification for its entire range of customer service activities.

IDFC Ltd. (IDFC) and Natixis Global Asset Management (NGAM) have entered into a strategic partnership in IDFC AMC. This partnership will give IDFC AMC the ability to offer domestic investors access to international investment opportunities through investment products managed by NGAM. Natixis Global Asset Management is one of the largest asset managers in the world based on assets under management.

Natixis is the corporate, investment and financial services arm of BPCE, the second-largest banking group in France with 22% of total bank deposits and 37 million clients spread over two networks, Banques Populaires and Caisses d’Epargne.

Pursuant to RBI’s requirements for banking license, IDFC Ltd. on July 9, 2015 has transferred its shareholding in IDFC Asset Management Company Ltd. to IDFC Financial Holding Company Limited, a Non-Operative Financial Company, which is a wholly owned subsidiary of IDFC Ltd. Even after the transfer, IDFC continues to be the sponsor of IDFC Mutual Fund and also continues to hold controlling interest in IDFC AMC.
Description
- Monthly and quarterly Regulatory Reporting to RBI which includes reporting on
o Asset, liabilities, exposures
o Quarterly operating results
oAsset quality of the Bank

- Preparation of data for Risk Based Supervision.

-Computation of NDTL as per RBI requirements.

-Preparation of data for annual financial data inspection by RBI.

-Preparation of the daily SLR and CRR maintenance reports as per the RBI guidelines.

-Preparation of special fortnightly & monthly reports as per RBI guidelines such as SFR II, SMR-VIAB, etc.

-Preparation of adhoc reports as per the management requirements.

-Analytical review and preparation of variance analysis reports for the regulatory reports.

-Perform reconciliations (direct/indirect) to across regulatory filings.(e.g. DSBIV, DSB I, SMRVI-AB, etc.).

-Preparation of information as required by the regulatory authorities and involvement in various projects aimed at improving processes and controls.

-Conduct the following tasks: Compliance and Reporting, process improvements, and risk and controls assessment.

-Review of standard operating procedures & implementation of spread sheet controls.

-Supporting financial policy development and regulatory audits.

-Involvement in the automated data flow (ADF) project for automating the regulatory reports.

-Co-ordination with statutory auditor for audit of various disclosures and notes to accounts.
Position
Regulatory Reporting Analyst
Qualifications
CA/MBA/Master in Finance from premier institute
Experience
3 - 5 Years
Additional Information
3 -5 years of Banking experience in Financial & regulatory reporting
Knowledge on accounting Software-Implementation
Experience in RBI Reporting & Finance Control Compliance
Working knowledge of IFRS accounting standards
Experience in Policy Formation in compliance with RBI Guidelines
CBS/GL Knowledge
Experience in Automation of regulatory reports
No. of Vacancies
1
Remuneration
Location
Mumbai