27 Aug
|
Bajaj Finance
|
Pune
27 Aug
Bajaj Finance
Pune
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.Duties and Responsibilities
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Data Collection and Validation: Collaborate with various departments to collect, validate, and consolidate data required for RBI regulatory submissions.
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Data Integrity: Ensure the accuracy, consistency, and reliability of regulatory data by conducting regular data quality checks and implementing necessary corrective measures.
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Regulatory Reporting: Prepare and submit regulatory reports to RBI in a timely and accurate manner, ensuring compliance with all regulatory requirements.
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Regulatory Updates: Stay current with changes in RBI regulations and guidelines and adapt our data collection and reporting processes accordingly.
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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
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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 stakeholdersMajor Challenges
? RBI Circular received
? Data requirement received with Finance Team from RBI Team
? Any other Team received data/input requirement from RBI TeamRequired 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.
? Robust 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.
📌 Deputy Unit Manager - Operations and Service (Pune)
🏢 Bajaj Finance
📍 Pune