Financial and Regulatory Reporting Specialist

Financial and Regulatory Reporting Specialist Location: Mumbai Nirlon Know. Pk B7 Job Description: Job Title: Financial and Regulatory Reporting Specialist Location: Mumbai, India Corporate Title: Vice president Role Description As a Vice President and Regulatory Reporting Manager in our US CFO function in Mumbai, India, you will be a senior leader responsible for driving the strategic direction and operational excellence of our US regulatory and financial reporting processes. The US CFO function oversees financial planning, forecasting, management and regulatory reporting, including CCAR, and ensures adherence to accounting standards (US GAAP, IFRS, HGB) policies, and regulatory requirements. You will lead the preparation, review, and submission of timely and accurate regulatory reports to the Federal Reserve Bank of New York and other regulatory bodies, directly safeguarding the financial stability of Deutsche Bank USA and maintaining its license to operate. This role demands a highly experienced individual with a proven track record in complex regulatory environments and exceptional leadership skills. You will be instrumental in shaping our reporting infrastructure, driving automation through advanced data tools like SAP, Python, PowerQuery, and AI, and fostering a culture of continuous improvement in a collaborative and global environment. Deutsche Bank embraces diversity, agile thinking, and innovation, and provides extensive career growth opportunities. What we’ll offer you As part of our flexible scheme, here are just some of the benefits that you’ll enjoy Best in class leave policy Gender neutral parental leaves 100% reimbursement under childcare assistance benefit (gender neutral) Sponsorship for Industry relevant certifications and education Employee Assistance Program for you and your family members Comprehensive Hospitalization Insurance for you and your dependents Accident and Term life Insurance Complementary Health screening for 35 yrs. and above Your key responsibilities Lead preparation, review, and submission of regulatory report filings with regulatory bodies, including the Federal Reserve Bank of New York, OCC, FDIC, SEC, and FINRA, overseeing a a part of the portfolio of over 100 regulatory reports with approximately 1000 submissions per annum. This includes internal reporting (balance sheet, P&L, US regional general ledger submissions) and external financial reporting in compliance with US GAAP. As a strategic partner, you will not only lead current reporting operations but also foresee future regulatory demands and proactively shape the reporting infrastructure to meet evolving requirements. Influence and negotiate with internal and external stakeholders to drive consensus on complex regulatory interpretations and implementation approaches. Liaise with various internal (i.e. Regulatory Relations, Legal, Compliance, Audit, Finance Project Office, Business Operations) and external constituencies (i.e. regulators, external auditors, consultants) to ensure comprehensive oversight and compliance. Participate in bank examinations and internal and external audits. Lead preparation of US GAAP audited financial statements and disclosures for various US Deutsche Bank entities including the Broker-dealer, Intermediate Holding Company (IHC), and Bank entity. Contribute to the presentation of legal entity financial performance and metrics to the Board of Directors and various committees, including the audit committee. Lead and manage a team of dedicated professionals, focusing on cross-training, skill expansion, and career advancement opportunities. Collaborate effectively with diverse internal teams and external stakeholders across different regions to ensure a seamless operating model in line with the Global strategy. Lead and contribute to continuous process improvement and automation, ensuring appropriate controls across all financial processes. Your skills and experience 7+ years of regulatory reporting experience within Regulatory Reporting at a Global Investment Bank, with a track record of managing complex regulatory reporting functions for major financial institutions. In-depth understanding of banking regulatory reporting rules and regulations, including a comprehensive grasp of the regulatory landscape governed by the Federal Reserve Bank of New York, OCC, FDIC, SEC, and FINRA. Ability to interpret ambiguous regulatory guidelines, resolve complex data discrepancies, and develop robust solutions for practices out of compliance. Expertise in tools like SAP, Python, PowerQuery, or similar advanced data analytics and reporting platforms is essential. A strong background in process optimization and re-design to help deliver innovative solutions. BS Degree in Accounting, Finance, or related field. CPA required. Extensive external reporting of legal entity reporting experience required. An expert in US GAAP with knowledge of IFRS preferred. Demonstrated experience in leading significant change management initiatives within a regulatory reporting or finance context. Exceptional presentation skills, including influencing senior stakeholders across various functions and presenting complex financial data to executive leadership and board members. Experienced in communicating complex accounting matters both verbally and in writing to internal and external stakeholders at senior levels. Demonstrated strategic thinking - an ability to take a long-term view on shaping the department's strategic vision in a way that is consistent with the CFO and the Bank's broader strategic agenda. How we’ll support you Training and development to help you excel in your career Coaching and support from experts in your team A culture of continuous learning to aid progression A range of flexible benefits that you can tailor to suit your needs About us and our teams Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.