1. Preparation and review of Customer level profitability and delivered RAROC (actual Raroc for the period).
2. Preparation of RAROC budget.
3. Managing the RAROC calculator masters updation and assist in RAROC calculator upgradation.
4. Adherence to compliance and regulatory guidelines.
5. Handle queries efficiently within given TAT
About the Role and Key responsibilities
1. Ensure timely and accurate preparation of customer-level profitability reports, including actual delivered RAROC for the reporting period.
2. Develop and publish monthly RAROC dashboards with insightful commentary for senior management review.
3. Maintain and update RAROC calculator master files; coordinate with IT teams and external vendors for system upgrades and enhancements.
4. Ensure strict compliance with regulatory guidelines, including reconciliation of RAROC to RoE metrics.
5.
Address and resolve business queries related to delivered and expected RAROC within defined turnaround times (TAT).
6. Assist the team in automating reports and improving efficiency through process enhancements.
Functional competenciesCompetencyBeginner
Intermediate
Advance
Expert
Accounting Knowledge
IGAAP | INDAS
Yes
Regulatory and prudential norms Yes
Systems Management Yes
Business accounting Yes
Data Analysis &
Budgeting
Yes
Finance related Business knowledge Yes
QualificationOptimal qualification for success on the job is:
1. CA / CFA / MBA (Finance) from a recognized institute
2. Strong communication and presentation skills
3. Relevant experience in BFSI space would be welcome
4. Basic analytical skills with valuable understanding of data handling in excel, SQL knowledge will be preferred.