Vice President/Senior Vice President - Finance & Strategy Regulatory Reporting - CA

Note : Candidate should be from MNC Bank or Private Indian Bank (i.e. HDFC, ICICI, AXIS, etc.)

Job Title : VP / SVP - Finance & Strategy Regulatory Reporting

Location : Mumbai (NKP)

Industry : Banking / Financial Services

Function : Finance & Control

Reporting To : Chief Financial Officer (CFO)

Experience Required : 10+ years in banking, with strong exposure to Regulatory Accounting, Reporting, and Compliance

Qualification : Chartered Accountant (CA)

About the Organization

A leading multinational bank with a strong global footprint across Europe, Asia-Pacific, and the Americas. The institution is known for its integrated commercial and institutional banking model, robust governance frameworks, and commitment to sustainable finance. The Mumbai office is a strategic hub for finance and control operations.

Role Overview:

This is a leadership role within the Finance & Strategy function, responsible for regulatory governance, financial controls, and strategic process improvement. The incumbent will drive compliance with RBI and international accounting standards, lead audit and inspection readiness, and champion automation and data quality initiatives.

Key Responsibilities:

Regulatory Governance & Controls:

- Develop and maintain local regulatory accounting and reporting policies.

- Ensure compliance with RBI circulars and internal policy updates.

- Act as LoD2 (second line of defense) for regulatory reporting risk mitigation.

Accounting Norms & Product Schema:

- Own the accounting treatment matrix across product families (loans, deposits, derivatives, etc.).

- Validate GL schema and regulatory mapping in line with Ind AS/IFRS and RBI guidelines.

- Liaise with Product, Treasury, and Risk teams for new product rollouts.

Control Testing & Audit Management:

- Design and execute control testing frameworks (risk-based plans, defect tracking).

- Support internal/external audits and RBI inspections with data extracts and control evidence.

- Monitor remediation of audit gaps and ensure regulatory adherence.

Regulatory Watch & Reporting Efficiency:

- Track RBI notifications and assess impact on local reporting obligations.

- Govern the Regulatory Reporting Register and implement data quality frameworks.

- Lead process improvement initiatives including automation (RPA, SQL/Python), workflow redesign, and reduction of manual touchpoints.

Desired Skills & Competencies:

- Expert knowledge of RBI regulations and financial reporting standards.

- Strong stakeholder management and cross-functional collaboration.

- Strategic mindset with a focus on efficiency and solutioning.

- Excellent communication and analytical skills.

- Experience in audit handling, control design, and data governance.

- Additional Information

- This is a high-impact role with visibility to senior leadership and regulators.

- Candidates with experience in regulatory reporting, audit management, and financial control within banking are preferred.

- Exposure to automation tools and scripting languages (SQL/Python) is a plus.

Interested candidates may apply with their updated resume.