Regulatory Reporting - Risk and Compliance - Principal, Business Consulting

About the position

As a Principal, you will lead and manage consulting engagements and be responsible for its delivery with great quality, budget, and staffing. You will work closely with senior client stakeholders and leadership and foster a positive relationship. You will also contribute to the firm's development by guiding and mentoring teams and sharing knowledge. You will be recognized as an expert in your respective domain and contribute to advancing Infosys Consulting's thought leadership in the industry.

Responsibilities

• Play a lead role in delivery of large change programs, which includes IT and Business Change
• Gather and analyze key regulatory requirements, processes, design and develop data and process maps to meet the reporting needs of the specific regulation.
• Conduct interviews / workshops with subject matter experts and process owners to elicit and document requirements
• Working experience on change initiatives related to key regulations (e.g., Basel, CCAR, BCBS 239, CCPA, MIFID, CECL, NFRR, Dodd Frank, EMIR, GDPR, KYC, Client Onboarding, etc.)
• Understand key regulatory directives issued by U.S. financial oversight bodies such as Fed, FINRA, SEC, OCC, FRB, CFPB, etc. with an ability to identify and interpret key areas / processes impacted by a specific regulation
• Define workflow management and enterprise-wide reporting requirements for reports like FR Y-14, FR Y-9C, FFIEC call reports, FR 2052a, Issuer/Position Reporting, etc.
• Working knowledge of enterprise standard reporting solutions like Axiom, Wolters Kluwer etc.
• Collaborate with clients to define long-term vision, goals and strategies related to Regulatory Reporting transformation
• Advise clients on strategy and detailed regulatory Reporting use cases by leveraging insights from industry best practices
• Collaborate with client functions (Operations, Compliance, Risk and /or Finance) to assess impact of a specific regulation on existing policies, risks, and controls
• Manage end-to-end project execution, stakeholder communication and minimize engagement risk by proactively identifying issues and recommending courses of remediation
• Engage with Regulators and Internal Audit to explain results, analysis and high-level methodologies employed for report generation and testing
• Maintain, manage, and update meta-data in the enterprise data catalog to meet all reporting requirements.
• Assist in the development of process efficiencies, improvement efforts and procedures, as well as data quality improvement projects
• Continuously monitor and report governance metrics including data governance adoption and maturity. Ensure alignment to the enterprise data governance policy and standards to meet its specific requirements
• Provide insights on new and emerging technologies, best practices and contribute to the development of service offerings
• Work with other practice members to support Infosys Consulting thought leadership activities and develop innovative assets, including differentiated points of view and methodologies
• Prepare white papers and participate in industry conferences, webinars, and forums
• Contribute to practice growth through recruitment, campus hiring and training
• Mentor individuals and guide them through their career progression and development
• Coach and develop junior team members to deliver quality results and promote professional development
• Participate in and contribute to practice training activities
• Leverage your professional/social connects to attract talent
• Lead small, medium sized sales pursuits and business development activities ranging from creation of client proposals to formulating commercial constructs / contracts
• Develop and build relationships at senior management and CXO levels
• Look for opportunities to formulate and present Infosys Consulting propositions and service offerings

Requirements

• Minimum of 10 years' experience in the Financial Services industry with a strong understanding of the business, technology, and operations
• Bachelor's degree or foreign equivalent; or three years of relevant work experience in lieu of every year of education
• At least 7 years of experience in regulatory reporting, business analysis, in the financial services industry working either directly with a bank, consulting firm or with a reputed IT professional services firm
• Excellent presentation and facilitation skills with ability to build relationships at senior management and CXO levels
• Ability to thrive in an ambiguous environment bringing structure to it
• Strong background of leading teams, comprising both IT and business specialists
• Demonstrated proficiency to convert business requirements into technology solutions with the commercial acumen
• Successful in business development including exposure to sales cycles
• All candidates must be willing and able to travel up to 100%, depending on client requirements

Nice-to-haves

• MBA or equivalent advanced degree, Industry recognized certifications like CFA, FRM etc.
• Domain knowledge of banking products such as deposits, loans, securities, derivatives, etc.
• Experience with one or more industry standard products like Appian, Suade, Collibra, JIRA etc.
• Knowledge of data analysis skills using SQL and data reporting / visualization tools (like Tableau) will be an advantage
• Experience in executing programs using Agile methodologies
• Worked in a cross-cultural team including flexibility to support multiple time zones when necessary
• Candidates authorized to work for any employer in the United States without employer-based visa sponsorship are welcome to apply. Infosys is unable to provide immigration sponsorship for this role at this time.

Benefits

• Medical/Dental/Vision/Life Insurance
• Long-term/Short-term Disability
• Health and Dependent Care Reimbursement Accounts
• Insurance (Accident, Critical Illness , Hospital Indemnity, Legal)
• 401(k) plan and contributions dependent on salary level
• Paid holidays plus Paid Time Off