Senior Associate ,Specialist, Regulatory Reporting, Finance

Business Function

Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.

Job Duties & Responsibilities

• Preparation of local financials (under Indian GAAP & as per RBI directives) and analysing the key drivers of Balance Sheet and Profit and Loss movement
• Closing the annual financials of the bank and getting them audited
• Preparation of regulatory (RBI) reports. Reports include DSB Returns, Form-A, Special Fortnightly Returns, Form-VIII, Form-X, etc.
• Responsibility for all reporting to RBI pertaining to Finance and reportings to the Board/Audit Committees in compliance with the Companies Act.
• Coordination with RBI Inspection Team, Concurrent Auditors, Statutory Auditors, etc.
• Bringing about ongoing change management through ADF implementation and automation

Requirements

• Minimum 4-5 years’ experience in the Finance Department of a bank in similar capacity.
• Well versed with banking products, accounting norms, and regulations.
• Knowledge of all RBI regulations and RBI returns relating to the Financial Control function.

Education / Preferred Qualifications

• Chartered Accountant

Core Competencies

• Intelligence & Diligence\: Ability to meet demanding deadlines
• Good attitude and should be a team-player
• Good communication and interpersonal skills
• Change / Innovation Orientation

Technical Competencies

• Prior experience in the banking industry as detailed above
• Familiarity of prevailing accounting and RBI framework