Job Description:

Core Responsibilities:
- To enable effective conduct of Onsite Inspection conducted by RBI including timely submission of data / information to RBI which includes the following:
- Timely dissemination of RBI request to stakeholders in the Bank
- Collating and reviewing (at maker level) the information to be submitted to RBI inspectors.
- Ensuring timely submission of the information requested by the Inspection team.
- Effective Coordination with internal stakeholders and RBS inspection team.
- Ensures following activities pertaining to Preliminary Risk Assessment Report (PRAR), Risk Assessment Report (RAR), Proposed Risk Mitigation Plan (PRMP) and Risk Mitigation Plan, Areas of Non-Compliance (AONC) are conducted smoothly.
- Collate the responses to the observations in the PRAR, RAR, PRMP and RMP.
- Co-ordinating with stakeholders within and outside Compliance unit for status of response review to the observations in the PRAR, RAR, PRMP and RMP
- Tracking of observation and record keeping as per the defined process. Submission of final IRAR,



RMP & AONC response at Maker level on Daksh within the RBI given timelines.
- Track for update on Daksh Portal w.r.t IRAR, RMP & AONC response submission notification and follow up RBI SSM comments record update post initial submission of Bank’s response
- Collate quarterly submission of RBS Tranche 1 series data and annual submission of RBS Tranche II, Bank Profile to RBI.
- Conduct analysis/preliminary data validation of Tranche 1 series exception points and obtain the explanations for such exceptions from respective stakeholders.
- Liaises regularly and effectively with RBI officials for resolution of queries raised by the stakeholders in the Bank with respect to various RBI submissions.
- Disseminate, coordinate & monitor to ensure timely submission to RBI of adhoc information request received from RBI SSM team and various other departments of RBI.
- Disseminate, coordinate & monitor to ensure timely submis

📌 Compliance Team Member (Mumbai)
🏢 Acura Solution
📍 Mumbai