Associate/Senior Associate - Regulatory Reporting - Bank

Associate/ Sr. Associate - Regulatory Reporting

Required Experience:

- 3 - 7 years' experience in the Finance Department of a bank in similar capacity.

- Well versed with banking products, accounting norms, and regulations.

- Knowledge of all RBI regulations and RBI returns relating to the Financial Control function.

Job Purpose:

- Responsible for local financial accounting, financial reporting & Regulatory reporting. The incumbent is expected to independently manage the said section.

Key Accountabilities:

- Responsible for Local financial accounting, financial statement preparation and reporting to RBI

- Coordinate with Statutory, RBI, Internal audit for audit closure.

- Ensure correct and timely submission of RBI returns.

- Drive and nurture the control environment so as to ensure correct financial and regulatory reporting.

- Partner with business by providing correct and timely insight to new regulations and its implication, support new product launch for regulatory and accounting areas.

Job Duties & responsibilities:

- Preparation of local financials (under Indian GAAP & as per RBI directives)

- Preparation of regulatory (RBI) reports. Reports include DSB Returns, Form-A, Special Fortnightly returns, Form-VIII, Form-X, etc.

- BASEL-3 compliance including capital adequacy computation, Pillar 3 reporting, etc.

- Responsibility for all reporting to RBI pertaining to Finance and reporting's to the Board/Audit Committees in compliance with the Companies Act.

- Coordination with RBI Inspection Team, Concurrent Auditors, Statutory Auditors, etc.