Job Description
DVP/ VP - Business Solution Group - Regulatory Reporting - Bank
Our Client, a Leading Private Bank is looking out for a DVP/ VP ; Techno-functional resource for their Business Solution division to manage the Regulatory reporting domain based at Mumbai.
Qualification : Post graduate degree like MBA from a reputed institute / Professional qualification like CA or equivalent with 14 to 20 yrs experience, of which substantial experience in Regulatory reporting as a Techno-functional expert.
Job Purpose :
- Defining the regulatory reporting frame-work , along with inputs from consulting firms.
- Implementation of the defined regulatory frame via setting up of processes, people , technology.
- End objective of the unit is to be able to stand scrutiny of RBI wrt
- Quality of reports delivered
- Automation of reports delivered
- Documented processes on report quality and controls
- Timeliness of report delivery
- Consistency of data reported across various reports
- The person needs to be able to drive the change within the bank, working closely with the compliance team on the RBI ask and RISK, Policy ,Operation , IT stakeholders to execute.
- The job also involves implementation of a regulatory data lake , wherein the ownership of understanding the data and having controls built around completeness and accuracy lie with the individual and the team.
- This data would then be used for consumption for all regulatory and MIS reporting to be done
Role :
AD-Hoc Indent Servicing :
1. Setting up team for Regulatory Reporting Unit
2. Lead a team that can Understand Ad-hock requirement of RBI, formulate structure and data mapping, use tools like Power BI, Tableau for report designing and delivery, engage with stakeholders for defining data requirements and mapping to reporting requirements.
3. Help operations and compliance users write down data quality and report quality criterions
4. Take ownership and ensure timely delivery of Ad-hock indents to RBI via compliance officers
5. Ensure processes defined under framework are followed and RACI is followed
6. Implementing tools and technology for swift operation of unit
7. Pre-empt and prepare unit for future requirements
Job Responsibilities :
- Definition of regulatory reporting framework
- Translating the recommendations of consultant appointed into concrete phases with clear end goals and dates
- Socializing the same across the bank's senior management
- Co-opting various stakeholders with end goal of implementation of the frame-work in phased manner
- Definition of the process to be followed for procedural part of the framework, in accordance with the RACI which has been defined
Our Client, a Leading Private Bank is looking out for a DVP/ VP ; Techno-functional resource for their Business Solution division to manage the Regulatory reporting domain based at Mumbai.
Qualification : Post graduate degree like MBA from a reputed institute / Professional qualification like CA or equivalent with 14 to 20 yrs experience, of which substantial experience in Regulatory reporting as a Techno-functional expert.
Job Purpose :
- Defining the regulatory reporting frame-work , along with inputs from consulting firms.
- Implementation of the defined regulatory frame via setting up of processes, people , technology.
- End objective of the unit is to be able to stand scrutiny of RBI wrt
- Quality of reports delivered
- Automation of reports delivered
- Documented processes on report quality and controls
- Timeliness of report delivery
- Consistency of data reported across various reports
- The person needs to be able to drive the change within the bank, working closely with the compliance team on the RBI ask and RISK, Policy ,Operation , IT stakeholders to execute.
- The job also involves implementation of a regulatory data lake , wherein the ownership of understanding the data and having controls built around completeness and accuracy lie with the individual and the team.
- This data would then be used for consumption for all regulatory and MIS reporting to be done
Role :
AD-Hoc Indent Servicing :
1. Setting up team for Regulatory Reporting Unit
2. Lead a team that can Understand Ad-hock requirement of RBI, formulate structure and data mapping, use tools like Power BI, Tableau for report designing and delivery, engage with stakeholders for defining data requirements and mapping to reporting requirements.
3. Help operations and compliance users write down data quality and report quality criterions
4. Take ownership and ensure timely delivery of Ad-hock indents to RBI via compliance officers
5. Ensure processes defined under framework are followed and RACI is followed
6. Implementing tools and technology for swift operation of unit
7. Pre-empt and prepare unit for future requirements
Job Responsibilities :
- Definition of regulatory reporting framework
- Translating the recommendations of consultant appointed into concrete phases with clear end goals and dates
- Socializing the same across the bank's senior management
- Co-opting various stakeholders with end goal of implementation of the frame-work in phased manner
- Definition of the process to be followed for procedural part of the framework, in accordance with the RACI which has been defined
💡 Quick Summary
Seeking a career-building opportunity? The DVP|VP | Regulatory Reporting | Business Solution Group | Bank position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
