Assistant Manager - Operations and Service

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.

? 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

a) 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.

b) 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.