AVP, Quality Assurance

Brief Summary

Join a dynamic team in an impactful role dedicated to ensuring compliance with regulatory reporting requirements. This position offers opportunities to enhance critical skills in analysis and teamwork within a supportive framework.

Responsibilities

• Conduct thorough reviews of regulatory returns, specifically focusing on Notice 610, prior to and following submission. Perform reconciliation checks that exceed business validation rules for the Notice 610 submission portal. Assess changes in reporting business rules, mapping tables, and general ledger classifications. Verify the accuracy of source data, including manual and ad-hoc files, along with necessary manual adjustments. Periodically review the framework of Notice 610, including associated policies and procedures. Support the timely reporting of regulatory incidents, including erroneous or late returns, and document remediation actions taken. Handle both external reporting to regulatory authorities and internal reporting to senior management and oversight committees. Maintain and enhance the regulatory reporting risk management framework, ensuring compliance with policies, procedures, and controls. Assist in implementing new regulatory reporting requirements and facilitate communications with any engaged external consultants.

Requirements

• Minimum diploma qualifications from a recognized institution. A minimum of 4 years of experience in regulatory reporting, preferably within the corporate banking sector. Ability to monitor regulatory developments and adapt effectively to changing requirements. Strong communication skills to engage with both internal and external stakeholders for seamless project execution.