In Scope of Position-Based Promotions
Job Title: Financial and Regulatory Reporting Senior Analyst
Corporate Title: Assistant Vice President
Location: Mumbai, India
Role Description
- This role is part of the Finance function of Deutsche Bank, AG India Branches and is responsible for end-to-end delivery of financial and regulatory reporting for a foreign bank operating in India. The role requires deep expertise in RBI regulatory reporting, local financial statements, and audit engagement, and acts as a key interface with regulators, auditors, and internal stakeholders.
- The role will support accurate, timely, and compliant reporting, while contributing to strengthening the control environment, automation initiatives, and regulatory change implementation.
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
Local Reporting:
- Managing preparation of Financial Statements as per local accounting standards & RBI guidelines to ensure that Financial Statements meet all disclosure requirements
- Managing local audits & various certification requirements & finalizing appointment of auditors
- Manage the annual statutory audit and primary face off with statutory auditors to finalize financial statements of the Bank as per local regulatory requirements
- Review of various system & ledger reports required for local reporting
- Balance-sheet substantiation of assets and liabilities designated to Finance.
- Managing various MIS required for review of regulatory compliances & reporting.
Regulatory reporting:
- Analyzing new regulations / changes in existing regulations and impact assessment on systems & processes so that regulations are implemented in a timely & accurate basis.
- Partnering with key stakeholders in Business, Compliance, Credit and Operations for bank level regulatory positions / conclusions and submission of regulatory information to the RBI
- Preparation of RBI regulatory reports such as Basel prudential reporting (capital adequacy, Pillar 3, ICAAP, LCR, NSFR, large exposure framework, leverage ratio), statutory reserves (CRR, SLR), liquidity reporting, DSB returns, and Risk Based Supervision data points.
- First touchpoint for the regulator to reach out for inputs and explanations with regards to Financial & regulatory reporting related queries.
- Appearance before regulatory authorities as and when required
- Advising the Bank's businesses on the regulatory reporting impact for new products, implementing and incorporating changes in regulatory reports as new products are introduced by the Bank.
- Providing information to Branch Management Board and other forums e.g. Asset Liability Committee, Risk committee) & highlighting key capital and liquidity metrics, risks, gaps & remediation plans
- Contribute to the India regulatory returns automation project
Stakeholder Management:
- Ensuring all regulatory filings are duly validated for accurate & timely submissions
- Liaising with business, Operations & and other relevant functions for inter-dependencies, review of the submissions.
- Managing the day-to-day relationship with all internal & external stakeholders to ensure efficient working partnership and build up a collaborative model
Your skills and experience
The candidate must be a motivated and high performing individual. Candidate must be able to handle all levels of complexity in the functional area under control, be able to shift focus of task with relative ease and be flexible enough in shifting workload in accordance with changing priorities and be comfortable dealing with a sometimes stressful and fast-paced dynamic regulatory environment.
- Minimum 12-15 years working experience in regulatory reporting team of banks.
- Strong understanding of risk & control and regulatory reporting landscape
- Thorough knowledge on RBI regulations, & various regulatory reporting applicable to foreign banks in india
- Subject matter expert on Financial Statements & disclosure requirements, audit practices, local & Ind-AS accounting standards
- Experienced in managing RBI inspections, regulatory queries & correspondences
- Experienced in dealing with external auditors and consultants
- Experienced in financial accounting & reporting and legal entity control function
- Good written and verbal communication skills with the ability to convey complex ideas clearly to diverse audiences.
- Good analytical skills and eye for detail
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.
