Location Name: Pune Corporate Office - Mantri
Job Purpose
As an RBI Regulatory Data Preparedness Candidate, you will be responsible for ensuring that our organization complies with the ever-evolving regulatory requirements imposed by the Reserve Bank of India. You will play a critical role in maintaining the accuracy, completeness, and timeliness of regulatory data submissions, as well as proactively identifying and addressing data gaps and discrepancies.
Scope to cover Audit & Non-Audit Facing aspect.
Duties And Responsibilities
- Data Collection and Validation: Collaborate with various departments to collect, validate, and consolidate data required for RBI regulatory submissions.
- Data Integrity: Ensure the accuracy, consistency, and reliability of regulatory data by conducting regular data quality checks and implementing necessary corrective measures.
- Regulatory Reporting: Prepare and submit regulatory reports to RBI in a timely and accurate manner, ensuring compliance with all regulatory requirements.
- Regulatory Updates: Stay current with changes in RBI regulations and guidelines and adapt our data collection and reporting processes accordingly.
- Data Analysis: Conduct periodic analysis of regulatory data to identify trends, anomalies, and potential areas for improvement.
- Audit-Facing Aspects:
- Frequency of RBI Inspection
- Data submission with Compliance Team
- Presentation Deck Submission ( Comprises of detailed deck from multiple Dept)
- CRM, SFDC, C-360 ,etc. Access readiness for RBI Inspector, Application usage monitoring, App usage etc.
- Scheduled meeting with RBI Inspection Team on data submitted during inspection.
- Enquiry/Request/Complaints – Service Request data submission for FY/Monthly
- Previous year inspection inputs preparation prior RBI Inspection.
- Inclusion/Exclusion for any data submission.
- Submission of any data inputs specified department to be finalized. (E.g. Cancelled Loans in accordance with respective IT Team & OPS Team.)
Key Decisions / Dimensions
- Prioritizing processes and projects amongst the identified critical areas to be reviewed/ RCA fixes to be put in place
- Displaying leadership qualities as a process owner for managing requirements and discussions with Ops & Service , Business IT & other stakeholders
Major Challenges
- RBI Circular received
- Data requirement received with Finance Team from RBI Team
- Any other Team received data/input requirement from RBI Team
Required Qualifications And Experience
- Qualifications
- Bachelor's degree in finance, economics, or a related field (Master's degree preferred).
- Strong knowledge of RBI regulations, circulars, and guidelines related to data management.
- Excellent analytical, organizational, and problem-solving skills.
- Proficiency in data analysis tools and software.
- Exceptional attention to detail and accuracy.
- Strong communication and interpersonal skills for effective cross-functional collaboration.
- Ability to work under pressure and meet strict deadlines.
- Relevant certifications in compliance and data management are a plus.
- Work Experience
- At least 3-5 years of experience in regulatory compliance, data management, or related roles within the banking or financial sector.
- Working knowledge of MS Office applications
- Good communication skills
- Should have Project management capabilities.
