Posted by
Posted in
Banking & Finance
Job Code
1684437

Given below the position details with a Leading bank :
Job Title: Senior Basel Compliance Specialist
BU: Risk
Function: Portfolio Analytics & Regulatory Reporting
Sub Function: Portfolio Analytics & Regulatory Reporting
Location: BKC Mumbai
Position Purpose
Serve as a team contributor and independent specialist providing strong analytical support to the Bank's Basel Compliance function in line with the Regulatory Policy and Framework. The role supports Capital Adequacy computation, ICAAP activities including Stress Testing, and the preparation of Pillar III Regulatory Disclosures.
Responsibilities
Key Responsibilities
1. Compute Credit Risk- Weighted Assets (CRWA) for the Bank at an enterprise level.
- Run, maintain, and update rules within the Credit RWA engine to ensure accurate and consistent outputs.
- Support all CAPAD- related activities in coordination with the Team Lead.
- Perform monthly system runs, validate model parameter values, and ensure alignment with extant regulatory guidelines.
- Identify and escalate discrepancies in data, parameters, or system behavior, ensuring timely resolution.
2. Support preparation of the ICAAP document annually, covering all material risks faced by the Bank, and conduct quarterly ICAAP reviews.
- Perform Stress Testing as per RBI- prescribed scenarios and internal plausible scenarios.
- Analyse and evaluate the impact of stress scenarios on the Bank's capital adequacy, ensuring alignment with regulatory expectations and internal risk appetite.
3. Co-ordination and preparation of Pillar III Regulatory Disclosures on a quarterly basis.
4. External Rating related activities
- Coordinate and compile external rating rationales on a regular basis by engaging with relevant internal teams.
- Prepare external rating analysis for senior management, providing key insights for decision- making.
- Manage the submission of external ratings for regulatory, compliance, and business requirements, ensuring accuracy and timely delivery.
5. Preparation and filing of Return on Capital Adequacy (RCA3) and Leverage Ratio to RBI on a quarterly basis
6. Compute RBS data points and prepare monthly or on- demand dashboards for Management reporting (CMRC, RMC, and adhoc) in co-ordination with relevant teams.
- Prepare, update, and periodically review Standard Operating Procedures (SOPs) for all functional areas to ensure process consistency and strong governance.
7. Ensure robust adherence to internal controls and manage audit requirements across RBI/Compliance, Internal Audit, and Statutory Audit. Lead timely resolution of issues, including data gaps, control deficiencies, and audit findings.
8. Mentor team members on Basel concepts, regulatory standards, and best practices to strengthen technical capability and ensure high- quality compliance outputs.
9. Ensure risk processes and systems align with business needs while driving data and process- improvement initiatives that boost efficiency and support the Bank's strategic growth. Lead these projects end- to- end to successful closure.
10. Support system upgrades, data remediation, and process automation initiatives. Conduct impact assessments for new regulatory rules or reporting templates.
Experience
- Essential Experience in Banking, preferably within Basel functions or Risk Management, with strong exposure to regulatory capital processes, risk frameworks, and related controls; Refer skill set
Skills
Skill Attribute
Technical & Functional
- Strong technical knowledge of capital regulations, supported by excellent data and analytical skills, with the ability to collaborate effectively across cross- functional teams.
- In- depth understanding of the Basel III framework, including Pillar I, Pillar II, and Pillar III requirements.
- Proficiency in MS Office (Excel, PowerPoint, Word) is essential for analysis and reporting.
- Knowledge of Python/SAS and other analytical tools is preferred and considered an added advantage.
Behavioural
- Strong stakeholder engagement, with the ability to build credibility and secure cooperation from both internal and external partners.
- Effective communication skills with the capability to meet expectations and deliver within defined timelines.
- Process- oriented mindset, ensuring consistency, control, and operational discipline.
- Ability to work across cross- functional areas to drive outcomes and achieve business objectives.
- Commitment to strong risk governance, with a focus on thorough documentation and adherence to standards.
Didn’t find the job appropriate? Report this Job
Posted by
Posted in
Banking & Finance
Job Code
1684437