Regulatory Reporting Internship in Mumbai

About the Role

Acies Consulting is seeking a Regulatory Reporting Intern in Mumbai. This is a techno-functional role within the product team.

Key Responsibilities

• Understand financial products, their impact on reporting requirements, financial services operations, balance sheet, and P&L.
• Work on accounting treatment for different products according to local regulatory reporting requirements and accounting standards.
• Conduct discussions with client business users to understand business requirements.
• Understand and document requirements for functional areas.
• Assist in documenting BRDs, functional specifications, workflow documents, and detailed data-mapping sheets.
• Assist in designing automation solutions for data flow, regulatory reporting, and MIS based on business requirements.
• Evaluate changes in regulatory requirements and ensure client business processes are enabled for compliance.
• Develop strong relationships with key stakeholders by addressing concerns in a timely manner.
• Validate regulatory reports, ensure data quality, and support SIT/UAT for reporting outputs.
• Demonstrate a proactive approach to process improvement and query resolution.
• Communicate project updates to stakeholders and prepare regular status reports.
• Drive day-to-day execution of assigned client projects.
• Develop a strong understanding of the client’s business, strategic priorities, industry dynamics, and market conditions, and recommend/implement improvements.

Requirements & Tech Stack

• Regulatory Reporting
• Financial Products
• Accounting Treatment
• Local Regulatory Reporting Requirements
• Accounting Standards
• BRDs
• Functional Specifications
• Workflow Documents
• Data-Mapping Sheets
• Automation Solutions
• Data Flow
• MIS
• SIT/UAT
• Data Quality
• Query Resolution
• Project Updates
• Client Projects
• Financial Services
• Technology Applications
• Content Management
• Strategic Investments
• New-age Technologies

Qualifications

• Implied: Bachelor's degree or equivalent in a relevant field.
• Implied: Strong communication skills.
• Implied: Analytical and problem-solving skills.