We are seeking an experienced RBI Compliance Specialist to ensure adherence to regulatory requirements, inspections, and reporting within the banking and financial services sector . The ideal candidate will be responsible for managing RBI compliance, regulatory audits, and governance frameworks , ensuring that all processes align with the latest guidelines.
Key Responsibilities:
Regulatory Compliance & Inspections
Manage RBI inspections and audits , ensuring smooth execution.
Prepare and submit regulatory responses within stipulated timelines.
Maintain and update compliance trackers to monitor regulatory adherence.
Handle and resolve regulatory queries from authorities.
Regulatory Reporting & Governance
Ensure timely submission of regulatory returns to RBI and other authorities.
Disseminate RBI circulars and guidelines , tracking their implementation across departments.
Oversee regulatory return submissions on platforms like CIMS and DAKSH .
Monitor and review compliance-related submissions across different teams.
Compliance Testing & Risk Management
Develop and execute a Compliance Testing Plan for banking operations.
Conduct compliance testing on products and processes as per RBI guidelines.
Track and monitor open compliance observations , ensuring timely closure and escalation.
Prepare and present Board/Management Reports on compliance performance.
Required Skills & Experience:
In-depth knowledge of RBI regulations, banking/NBFC compliance frameworks, and regulatory reporting .
Experience in handling RBI inspections, compliance audits, and risk assessments .
Proficiency in regulatory platforms like CIMS and DAKSH .
Robust understanding of compliance testing methodologies and governance frameworks .
Excellent analytical, communication, and stakeholder management skills.
Join a leading financial institution and play a pivotal role in ensuring regulatory excellence