Regulatory Reporting- Team Member, Mumbai
Department
Credit Monitoring Team
Location
Mumbai
Number of Positions
1
Role & Responsibility
Policies / Process / Board note formation and Celling / Exposure monitoring
Position Grade
M6 / M7
- Policy formation & implementation
- In charge of Pan Bank Board policy of credit department. Shall be responsible for drafting Board Policy for wholesale and retail credit.
- Shall also be responsible for drafting processes for implementation of such policy which get placed in Board level committees and other senior management committee.
- Should ensure that policy and processes are modified on timely basis in adherence to changes in RBI regulations and circulars.
- Analysing the market trends / practices and benchmarking of policies with the market.
- Interacting with cross functional teams, understanding the current practice and accordingly recommending the policy / process changes. Monitoring the implementation of signed off policies/ process, identifying gaps and taking corrective action.
- Limits/ Celling Monitoring
- Monitoring of NBFC exposure celling, Environmental, Social & Governance (ESG) celling and Group consolidation CAP of large exposure of the bank at frequent interval.
- Setting up the process for automating the process of celling / CAP monitoring and ensuring that output is as per requirement.
- Highlighting the derivation/ red alert in case any deviation or higher utilization of actual limit. Releasing frequent MIS to senior management.
- RBI indent / Audit requirement:
- Understanding RBI requirement and ensuring revert submission within timeline.
- Identifying department/ division of the bank for RBI revert and co-ordinating with team for revert submission.
- Providing data / information / explanation to RBI auditor, Statutory / internal and concurrent auditor as per requirement and within timeline. Tracking and implementing all the changes suggested by Regulator / Auditor.
- Master’s degree (CA /CS/ MBA) in Finance, Accounting, Business Administration, or related field.
- At least 8 - 10 years of experience in credit underwriting or as a lead in policy / process team.
- Knowledge of Policy drafting, Credit Appraisal, Credit Monitoring or regulatory requirements.
- Experience in automation of manual process and monitoring the change.
- Analytical skills, proficiency in trend analysis and understanding of data flow in banking system.
- Written and verbal communication skill with the ability to present information clearly and concisely.