Operations - Regulatory Reporting - Analyst

Posted 4 Hours Ago
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Mumbai, Maharashtra
Hybrid
Mid level
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
As an Analyst in the Regulatory Reporting team, you will prepare and submit various reports required by regulators, conduct audits, create Management Information Systems, and automate reporting processes. You will also ensure high-quality data for audits and collaborate with various teams for effective control management.
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Job Description
Are you ready to make a significant impact in regulatory reporting? Join our team as an Analyst/Associate, where you'll play a crucial role in preparing and submitting reports to regulators like the Reserve Bank of India. This is your opportunity to work with a dynamic team, enhance your skills, and contribute to the success of our organization. Be part of a team that values innovation, compliance, and professional growth.
As an Analyst within our Regulatory Reporting team, you will be responsible for preparing various reports required to be submitted to multiple regulators like Reserve Bank of India, Financial Intelligence Unit etc. You will also handle internal, Reserve bank of India Statutory and Concurrent audits, and work closely with other functions of the bank like Trading desk, Compliance, Technology partners etc. This role provides an opportunity to support liquidity management activities and requires a strong background of Regulatory Reporting and sound knowledge of treasury products like Cash Transaction report, Non Profit Organization Report, Cross Border wire transfer report, R-Return, Balance Statement etc.
Job responsibilities:

  • Prepare regulatory reports, end to end reconciliation and submission to regulator
  • Prepare and dissemination of Internal Management Information Systems to relevant stake holders
  • Prepare "Risk Based supervision" data point and performing variance analysis
  • Monitor of Nostro Reconciliation break daily and circulating MIS on outstanding items with aging
  • Automate regulatory reporting by liaising with technology partners
  • Prepare the regional key performance indicator reports and impact assessment of new business initiatives on regulatory reporting
  • Take responsibility of maintaining & providing the highest quality data to audit, timely & satisfactory resolution of audit queries to ensure that Audit report is issued on time.
  • Coordinate with other Operation, Trade support, Finance, Compliance, Legal teams for control management
  • Establish effective partnerships with internal stakeholders in several areas of the bank in different capacities
  • Follow best practice and procedure to ensure no control breaches
  • Review and update Standard Operating process documents


Required qualifications, capabilities, and skills:

  • At least a Bachelor's Degree in Business or related disciplines
  • Good product understanding for Treasury Products like Foreign Exchange (FX)Forward, Swaps, Options, Government Securities, Treasury Bills etc.
  • Minimum 4 years of relevant work experience
  • Good Bank and Non Banking Financial Corporation (NBFC) regulatory knowledge
  • Strong ability to identify problems and propose solutions and good product knowledge
  • Automation mindset to creating efficiency and enhance controls
  • Exhibits initiative to raise issues to appropriate staff when needed
  • Demonstrates flexibility and willingness to accept new assignments and challenges in a rapidly changing environment
  • Good communication and relationship/partnership-building skills both with team members as well as other business partners and clients
  • Proficiency in Microsoft Suite (e.g. Word, Excel, PowerPoint)


Preferred qualifications, capabilities, and skills:

  • Post graduate degree will be beneficial
  • Good accounting knowledge will be an advantage


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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