Job Description : Regulatory ReportingLocation : ChennaiBusiness Insight :At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!Still hesitating?You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.We are committed to support accelerating our Group’s ESG strategy by implementing ESG principles in all our activities and policies. They are translated in our business activity (ESG assessment, reporting, project management or IT activities), our work environment and in our responsible practices for environment protection.ResponsibilitiesSolvency:1. The chief responsibility will be to perform the monthly & quarterly credit risk reporting activities.2. You are also expected to perform & supervise the data consistency checks, reconciliations (inventory vs risk, accounting vs risk) and perform exception management in case of any breaks encountered in the recompilations. 3. Additionally, you are expected to contribute to the improvement of the existing process and come up with new ideas that can bring value and efficiency to the process.4. Responsible for producing reports and metrics on the Credit Risk perimeter to consistently feed both external (meet the requirements of the regulator in terms of IFRS 9.2, BCBS239 and others) and internal (BU, RISQ, DFIN) uses. The prudential solvency metrics and reporting produced by DFIN are set out as follows: a. EAD – Quarterly calculation;b. RWA – Quarterly calculation;c. EL – Quarterly calculation; d. ECL IFRS 9 – Quarterly calculation with only GBIS at M-1 scopeProfile RequiredFunctional Requirement: Solvency1. Basel III and IV Regulations2. IFRS Standards3. Risk Data with Accounting & Inventory. Banking, Accounting, Finance concept4. Understanding Bank's financial Statement, Accounting & Risk computation5. Making Adjustment based on Basel reporting in accordance with BCBS2396. Capital adequacy according to the IRBA method, computes its Risk Weighted Assets (RWA), Expected Loss (EL = PD x LGD x EAD) and Expected Credit Loss ((ECL) in accordance with IFRS 9) considering the nature of the transaction, the soundness of the counterparty (through internal rating) and any measures taken to mitigate the risk (see Depreciations and provisions for credit risk7. Understanding Credit Risk RWA8. Securitization 9. FINREP / COREP reportingFunctional Skills:Experience in liquidity risk reporting/ Financial reporting/regulatory reporting.Knowledge in Basel III and IV regulations. Knowledge in IFRS/ USGAAP.Why Join Us“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”
Job Title
Regulatory Reporting - Senior Analyst