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Legal Entity Control - Recovery & Resolution - Associate



Bengaluru, Karnataka, India
Posted on Tuesday, July 2, 2024

Job Description

You are a strategic thinker passionate about driving solutions in Finance. You have found the right team.

As a Legal Entity Control professional in our Corporate & Investment Banking, you will spend each day defining, refining and delivering set goals for our firm.

You will take ownership for Recovery & Resolution topics in a structured approach. You should be able to engage and motivate people to contribute and be comfortable to challenge working group members in order to ensure high-quality deliverables. You need to be able to communicate well and to deal confidently with people at all levels in the organization.

Job Responsibilities:

  • Support the BAU production, review and facilitation of financial and non-financial Information to demonstrate the firm’s ongoing capabilities to generate information relevant to a resolution or recovery scenario. (e.g. Balance Sheet, P&L, headcount, shared services etc.)
  • Coordinate the CIB contribution to the firmwide Recovery and Resolution Plans to be submitted to the firm’s key U.S. regulators. Ensure completion of regulatory priorities, the in-time delivery of requested information/reporting.
  • Through the above tasks, work with the CIB R&R team on delivering multiple complex and ad-hoc regulatory reports to very tight deadlines, in cooperation with a wide set of stakeholders and contributors across the firm
  • Develop a good understanding of regulatory policies and assessing their impact; Ensure that the related documentation is complete, accurate and updated
  • Prepare management reporting, including scorecards and steering forum materials and contribute to internal, control and regulatory audits;
  • Build and maintain strong working relationships with stakeholders in the different businesses and functions (e.g. Legal, Tax, Finance, Operations, Risk, Business managers/partners)

Required qualifications, capabilities, and skills:

  • Education to degree level (or equivalent) in Economics or another relevant area
  • Qualified accountant (CA, CPA, ACCA, ACA) / MBA / Masters in Finance / M.Com with 4-6 years of work experience in Legal Entity Controls / Regulatory Reporting or relevant experience
  • Very good understanding/experience of business processes in a financial institution and Corporate and Investment Bank Line of business
  • High degree of pragmatism with a solution-oriented approach
  • Very good oral and written communication skills with the ability to work with senior management, auditors and regulators
  • Excellent organizational and project management skills . Strong team player with excellent partnering and influencing skills
  • Good Microsoft PowerPoint and Excel knowledge

Preferred qualifications, capabilities, and skills:

  • Knowledge of Recovery & Resolution requirements is desirable