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.