Vice President - RBI Compliance - Bank

Job Role: Vice President - RBI Compliance - Bank

Location: Mumbai

About the Role :

Require subject matter expertise in each of the following areas to handle RBI SSM team interactions and RBS exercise for following areas:

- Treasury, Market Risk, Forex

- Credit (Wholesale and Retail)

- Operations (Retail Liabilities), Support Functions

Key Responsibilities :

- Handling Pre-Risk based supervision (RBS) and onsite-RBI activities

- Coordinating with respective stakeholders for submission of information / data / documents with respect to indent given by RBI SSM team.

- On receipt of final RAR / RMP, sharing the observations with the respective stakeholders / department heads for submission of responses.

- Monitoring the due dates of RAR / RMP observations.

- Follow up with the stakeholders for submission of responses within stipulated time or before due dates.

- Finalization of responses / compliances to RAR / RMP along with respective business / ops teams.

- Ensuring that the responses submitted by stakeholders are addressing the RAR / RMP observation completely.

- Tracking and partnering with departments to ensure timely and complete implementation of compliances submitted under RAR / RMP ensuring that all aspects are suitably covered.

- Reviewing backup documents with respect to the same.

- Maintaining MIS of the queries received from RBI SSM team and preparing various dashboards for monitoring

- Preparation of compliance to RAR / RMP for placing to ACB / Board for review

- Ensuring submission of compliance to RAR / RMP to RBI after ACB / Board approval

- Obtaining update / status on pending RAR / RMP observations in time and placing the same to ACB / Board meetings

- Ensuring submission of updated status on RAR / RMP to RBI