AddressWe are seeking a highly skilled and detail-oriented Regulatory Reporting Specialist to join our team. The ideal candidate will have a strong understanding of financial regulations, excellent analytical skills, and the ability to ensure accurate and timely submission of regulatory reports. The Regulatory Reporting Specialist will collaborate with various departments to gather and validate data, prepare regulatory reports, and ensure compliance with all relevant regulations.
Responsibilities:
Regulatory Compliance:
- Stay updated on changes in financial regulations and ensure the organization's compliance with applicable laws and standards.
- Interpret and understand regulatory requirements relevant to the industry and the organization.
- Data Collection and Validation: Collaborate with internal teams to collect necessary data for Regulatory Reporting. Validate the accuracy and completeness of financial data to ensure compliance with regulatory standards.
- Report Preparation: Prepare and generate regulatory reports in accordance with specified formats and timelines. Ensure the accuracy and completeness of information presented in reports.
- Communication: Liaise with internal stakeholders, including finance, risk management, and legal teams, to gather information and address any queries related to Regulatory Reporting. Communicate effectively with regulatory authorities as needed.
- Process Improvement: Identify opportunities for process improvements in data collection, validation, and reporting to enhance efficiency and accuracy. Implement best practices for Regulatory Reporting processes.
- Documentation: Maintain detailed documentation of Regulatory Reporting processes, ensuring all procedures are well-documented and up-to-date.
- Audit Support: Assist in internal and external audits related to Regulatory Reporting, providing necessary documentation and explanations as required.
- Training: Conduct training sessions for internal staff on Regulatory Reporting requirements and processes.
