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Job Description
What role you will play in team: Ensure accurate and timely regulatory reporting, adhering to local and international standards.
What you will do: You'll be responsible for collecting, validating, and reporting financial data to regulatory bodies.
Key responsibility:
- Gather and analyze data from various sources to prepare regulatory reports.
- Ensure compliance with all relevant regulations and reporting deadlines.
- Maintain accurate records and documentation.
- Collaborate with other departments to obtain necessary data.
- Identify and resolve discrepancies in reporting data.
- Develop and maintain strong relationships with regulatory bodies.
Required Qualification and Skills:
- Bachelor's degree in Accounting, Finance, or a related field.
- 2-4 years of experience in regulatory reporting or a related field.
- Strong understanding of regulatory reporting requirements (e.g., RBI).
- Excellent attention to detail and accuracy.
- Proficiency in financial software and databases.
Benefits Included:
- Competitive salary and benefits package.
- Opportunities for professional growth and development.
- A challenging and rewarding work environment.
- A collaborative and supportive team.
A Day in the Life: A typical day involves data analysis, report preparation, and communication with various stakeholders to ensure compliance and accuracy.
Skills
Regulatory ReportingRBI ComplianceData AnalysisFinancial ReportingAccuracyAttention To DetailIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
State Street Corporation (stylized in all caps), is a global financial services and bank holding company headquartered at One Congress Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792.
State Street is ranked 14th on the list of the largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.7 trillion under management and US$40.0 trillion under custody and administration in 2023. It is the largest custodian bank in the world, providing securities services and it is considered a systemically important bank by the Financial Stability Board. Along with BlackRock and Vanguard, State Street is considered to be one of the Big Three index fund managers that dominate corporate America.
The company is ranked 316th on the Fortune 500 as of 2022. The company is on the list of the banks that are too big to fail published by the Financial Stability Board. It is rated by Visual Capitalist as the third U.S. bank by uninsured deposits, with 91.2% of deposits being uninsured
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