Hiring for a renowned private bank
Strategic/ Managerial Responsibilities:
Role holder is responsible for timely submission of the onsite and offsite data / information requirements of Reserve Bank of India (RBI) and ensuring responses to the RBI Inspection report are collated in a timely manner.
Core Responsibilities:
- To enables efficient conduct of Onsite Inspection conducted by RBI including timely submission of data / information to RBI which includes the following:
- Collating and reviewing the information to be submitted to RBI inspectors
- Ensuring timely submission of the information requested by the Inspection team
- Effective Co-ordination with internal stakeholders and RBS inspection team
- Ensuring timely closure of RBS Open issue points and submission of update to Audit Committee of the Board and RBI.
- Ensures following activities pertaining to Preliminary Risk Assessment Report (PRAR) Risk Assessment Report (RAR) Proposed Risk Mitigation Plan (PRMP) and Risk Mitigation Plan are conducted smoothly.
- Collate and review the responses to the observations in the PRAR, RAR, PRMP and RMP.
- Collate and review quarterly submission of Tranche1, Tranche 1A, I B data and annual submission of Tranche 2, 3, Bank Profile to RBI.
- Conduct analysis of Tranche 1 and 1A exception points and obtaining the explanations for such exceptions from respective stakeholders.
- Liaises regularly and effectively with RBI officials for resolution of queries raised by the stakeholders in the Bank with respect to various RBI submissions.
- Ensures timely submission of adhoc information request received from RBI Inspection Team after review of the information.
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