Analyst, Specialist, Regulatory Reporting, Risk Management Group

Job Purpose 

With merger of Lakshmi Vilas Bank and introduction of various strategic initiatives with automations being launched, the portfolio is expected to grow and along with it, the reporting requirements and complexities are expected to increase, which would demand a  junior maker for the standard regulatory reports and day-to day BAU activities & to maintain report hygiene and ensure timely, accurate submission of all returns to the regulator / internal stakeholders
Key Accountabilities

1. Ensure regulatory reporting processes for reports assigned are followed and returns are submitted accurately and on time.
2. Identification and escalation of issues to supervisor for streamlining the processes & tracking resolution of issues
3. Ensure queries and ad-hoc reporting requirements are answered and attended to or escalated, on time
4. UAT testing of Regulatory Reporting to help reduce manual intervention and increase efficiency under supervision
5. Remain updated on Regulatory environment

Requirements

1. Preparation of daily/monthly Regulatory Returns / credit bureau reporting /Internal MIS/ data handoffs to other teams
2. Ensuring timely and accurate submission
3. UAT testing of reports under supervisor’s guidance.
4. Daily file downloads / data preparedness for the team
5. Data Collation/ reconciliation & allied activities
6. Invoice tracker / Issue tracker/ Error tracker/ Run Book maintenance.
7. Ensuring data uniformity across returns and early flagging off and closure of data quality issues as observed

Experience 

• Good understanding of data reporting & interpretation, variance analysis, identification of scope for automation for repetitive processes
• At least 1 to 4 of work experience in regulatory reporting from Credit reporting standpoint.

Education
The job holder needs to be at least a postgraduate- CA/ MBA /Graduate with specialised banking certification
Core Competencies

The job holder needs to possess the following skills:

1. Good organisation & file management skills

2. Quick adaptability and methodical working style

3. Good people skills -Positive attitude, strong interpersonal, and communication (verbal & written) skills.

4. Good knowledge of regulations, credit processes and banking products, industries/sectors.
Technical Competencies

1. Good working knowledge of MS Excel & MIS
2. Understanding of regulatory guidelines on credit issued by RBI (local regulations in India) and local laws and regulations that impact businesses in general.  
3. Knowledge of various banking products and risks associated with them.

Work Relationship
Need to maintain good working relationship with Internal and External stakeholders, such as Business team, Credit Control Unit, Finance team, Legal and Compliance, other product teams (Trade, Treasury etc.)

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