Verified Job
Accounting - Finance
Team Member-SUPPORT SERVICES-Credit Monitoring Group
Accounting - Finance
#592293
Remote / WFH
Job Description
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.
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.
