Team Lead Regulatory Reporting Job Purpose (In a brief, specific one or two-sentence statement, answer the questions: "Why does this position exist?" and "What is it expected to accomplish?") - To manage Regulatory reporting team for Risk Management function. Over time, the Regulator (RBI) has increased surveillance and reporting requirements. interpret RBI regulations/ circulars appropriately, streamline existing processes and ensure timely, accurate submission of all returns to the regulator, reply to RBI queries and handle RBI audit. Key Accountabilities (List the expected end results or KPIs that the incumbent is expected to achieve for this job. Do not list more than 5): 1. Ensure regulatory reporting processes are effective, efficient and with adequate checks and controls in place. All returns are submitted accurately and in time. 2. Liaising with internal stakeholders for streamlining the processes. 3. Ensure queries and ad hoc reporting requirements from RBI are answered and attended to. 4. Automation of RBS (Risk Based Supervision) data points and other key returns to help reduce manual intervention and increase efficiency. 5. Remain updated on Regulatory environment such as RBI and MAS regulations, Basel II and III norms, IFRS 9, Ind AS 109, etc. Job Duties & responsibilities (List the principal duties of the incumbent. Use concise statements that provide a clear understanding of the level of responsibility, complexity, creativity and analysis performed in this position.) : 1. Verification of all Regulatory Returns / Internal MIS. 2. Ensuring timely and accurate submission of RBS (i.e. Risk Based Supervision) reports to RBI. 3. Automation initiatives of regulatory returns and related internal reports. 4. Putting in place detailed process manuals along with approvals from relevant stakeholders. 5. Handling RBI Audit and responding to queries and adhoc reporting requirements from RBI 6. Implementation of Ind AS 109, IFRS 9 when and wherever applicable. 7. Streamlining roles and responsibilities of the team basis experience and expertise. Maintaining high morale and thereby efficiency of the team. Experience (Indicate nature and extent of work experience including number of years required, if applicable.): - Good understanding of relevant risk policies and Regulatory reporting requirements, Basel II/III, IFRS 9/ Ind AS 109, etc. in order to ensure that the reports and the reporting environment conform to internal and regulatory requirements. - At least 14-17 years of work experience in regulatory reporting from Credit risk standpoint. Education / Preferred Qualifications (List the minimum and preferred qualifications required to perform all essential functions, including field of study): - The job holder needs to be at least a post graduate. CA/ MBA / Graduate in Quantitative Finance will be preferred. - Core Competencies (Specify core competencies required in order to perform job role and indicate level of proficiency.): The job holder needs to possess the following skills: 1. Good analytical skills 2. Good presentation skills 3. Good interpersonal skills 4. Good knowledge of regulations, credit processes and banking products, industries/sectors. Technical Competencies (Discuss with your manager and list the technical knowledge and skills required for this position. Indicate level of proficiency for each competency.) 1. Good knowledge of credit processes. 2. Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general. 3. Knowledge of various banking products and risks associated with them. 4. Basic understanding of Quantitative analysis preferred. - Work Relationship (State the essential working relationships with superiors, peers and subordinates as well as external parties which will contribute directly to the successful accomplishment of this job.) - Need to maintain good working relationship with Internal and External stakeholders, such as Business team, Credit Control Unit, Finance team, Legal and Compliance, other product teams, RBI inspectors and other external agencies.

Mumbai

Navi Mumbai

Team Lead - Regulatory Reporting - BFSI 

Job Description for Team Lead - Regulatory Reporting - BFSI  in Stalwart management in  Mumbai Navi Mumbai for (14-20) years of experience. Apply Now!