A Regulatory Capital Reporting Analyst ensures accurate and timely reporting of capital data to regulatory bodies. Responsibilities include preparing, analyzing, and submitting reports, ensuring compliance with economic tips, and identifying discrepancies in records. The position includes participating with numerous departments to accumulate critical statistics, keeping records accurate, and staying up to date on regulatory changes. Strong analytical competencies, interest in detail, and records of financial policies are vital for this function.
Position: Regulatory Capital Reporting Analyst
Salary: Not Disclosed
Qualification: Graduate
Company: Barclays
Location: Chennai, Tamil Nadu
About Company:
Barclays is a chief British multinational monetary organization and financial services employer based in London. Founded in 1690, it operates in over 40 international locations, providing an extensive variety of services along with retail and business banking, investment banking, wealth management, and credit playing cards. Known for its innovation in economic technology, Barclays performed a key position in growing ATMs and cell banking.
Job Description:
The Regulatory Capital Reporting Analyst plays an essential characteristic in ensuring that Barclays adheres to the stringent regulatory requirements imposed on monetary establishments. The number one intention of this function is to pick out, take a look at, and mitigate dangers related to prudential regulatory reporting. This includes presenting oversight of the accuracy and completeness of regulatory reviews, making sure of compliance with all relevant legal guidelines, guidelines, and internal guidelines, and maintaining open and effective communique with regulatory bodies.
Key Responsibilities and Accountabilities:
Risk Identification and Assessment:
The analyst is responsible for figuring out and assessing prudential regulatory reporting dangers that arise from the financial institution’s several sports activities, merchandise, and services.
Risk Mitigation and Compliance:
Develop and put in force techniques to mitigate risks related to prudential regulatory reporting. This consists of making sure that each bank sport is in complete compliance with relevant laws, guidelines, and internal management regulations.
Internal Controls and Governance:
Assess the effectiveness of the economic group’s internal control approaches and governance framework. The analyst needs to become aware of any weaknesses or gaps in the methods that could result in non-compliance with regulatory reporting requirements.
Regulatory Reporting:
Prepare and post regulatory reviews to the perfect authorities. The analyst additionally offers useful resources to other departments inside the financial group of their training and compares regulatory critiques. This ensures that everyone’s review is accurate, properly timed, and compliant with regulatory requirements.
Data Analysis and Reporting:
Analyze regulatory information to benefit insights into the financial institution’s employer performance. The analyst makes use of these facts to become aware of inclinations, and manual choice-making procedures, and contribute to the general strategic path of the financial institution.
Training and Education:
Develop and enforce schooling programs geared toward teaching personnel approximately regulatory necessities and their compliance duties. This guarantees that each one personnel is aware of the importance of regulatory compliance and understands their role in preserving it.
Regulatory Communication:
Act as a liaison with regulatory bodies, making sure to set off responses to inquiries and offering any asked records. The analyst additionally represents the monetary institution in conferences with regulators, demonstrating the monetary organization’s determination to comply and transparency.
Regulatory Reporting Systems Management:
Manage the choice, implementation, and upkeep of regulatory reporting structures and software packages. This consists of jogging closely with IT colleagues to combine the one’s structures with one-of-a-kind corporation structures, ensuring seamless operation and accurate reporting.
Benefits at Barclays:
Competitive Compensation: Barclays offers attractive salaries, bonuses, and incentives, making sure that employees are rewarded for their performance and contributions.
Health and Well-being: Employees receive entire medical insurance, which includes scientific, dental, and vision insurance, in conjunction with fitness packages and mental fitness resources.
Work-Life Balance: Flexible running hours, far-flung painting options, and generous paid days without work, together with vacations and parental leave, help personnel maintain a wholesome paintings-existence balance.
Career Development: Barclay invests in its employees through continuously gaining knowledge of possibilities, management packages, and career improvement aid, fostering an export boom.
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