MUMBAI · FULLTIME
Assistant Vice President Regulatory Compliance
AU Small Finance Bank
Mumbai · onsite · Posted 10d ago
Sourced from
Undisclosed10–15 yrsfulltimeMumbai
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Section · 01
About this role
Role Title:
Assistant Vice President Compliance(Asset Profile)
Function:
Compliance / Regulatory Compliance
Location:
Corporate Office
Reporting To:
Vice President / Head Compliance
Role Purpose
To ensure robust compliance oversight overthe Banks asset-side portfolio , including lending products, creditexposures, and related regulatory reporting, in alignment with RBIregulations and internal compliance frameworks . The role focuses onmonitoring adherence, identifying compliance gaps, and ensuring timelyremediation.
Key Responsibilities
1. Regulatory Compliance Oversight(Assets)
- Ensure adherence to RBI guidelines relating to asset products, including:
- Income Recognition, Asset Classification and Provisioning (IRAC) norms
- Large exposure framework and sectoral exposure limits
- Priority Sector Lending (PSL) requirements
- Income Recognition, Asset Classification and Provisioning (IRAC) norms
- Provide compliance advisory to business teams on lending structures and asset products.
- Interpret and implement new regulatory developments impacting asset portfolios.
2. Asset Portfolio Monitoring
- Monitor compliance of loan accounts and credit exposures with regulatory norms.
- Review deviations in:
- Asset classification
- Restructuring / resolution frameworks
- Interest application and provisioning practices
- Asset classification
- Ensure consistency between system data and regulatory requirements.
3. Regulatory Reporting Submissions
- Review and validate regulatory reports related to asset portfolios, including:
- RBI returns on asset classification, exposures, and credit data
- XBRL-based submissions and supervisory data requirements
- RBI returns on asset classification, exposures, and credit data
- Ensure accuracy, completeness, and timeliness of submissions to RBI.
- Coordinate submission of NIL returns, wherever applicable.
4. Compliance Monitoring Testing
- Conduct periodic compliance reviews and testing of areas approved by the Board
- Identify regulatory deviations and control gaps.
- Track and ensure timely closure of:
- Internal audit observations
- RBI inspection findings
- Compliance testing gaps
- Internal audit observations
5. Policy Review Implementation
- Review and update internal credit and compliance policies in line with:
- RBI Master Directions / Circulars
- RBI Master Directions / Circulars
- Support implementation of regulatory changes across credit and operations teams.
- Strengthen internal control frameworks over asset processes.
6. Stakeholder Management
- Coordinate with:
- Credit, business, operations, risk, and audit teams
- Credit, business, operations, risk, and audit teams
- Support handling of:
- RBI inspection queries
- Supervisory discussions and audits
- RBI inspection queries
- Assist in preparing structured responses to regulatory observations.
7. Issue Identification Escalation
- Proactively identify compliance risks in asset portfolios.
- Escalate material deviations to senior management with actionable insights.
- Work with stakeholders for timely resolution of compliance gaps.
8. Training Awareness
- Conduct training sessions for internal stakeholders on:
- RBI regulations on lending and asset classification
- Compliance expectations in credit processes
- RBI regulations on lending and asset classification
- Promote a culture of strong regulatory adherence within asset business units.
Key Deliverables / KRAs
- Minimal regulatory observations in RBI inspections related to asset portfolio
- Timely and accurate submission of regulatory returns
- Effective monitoring and reduction of compliance deviations
- Closure of audit and regulatory observations within defined timelines
- Strengthened compliance culture across asset businesses
Required Qualifications Experience
- Qualification: CA / MBA (Finance) / LLB or equivalent
- Experience: 610 years in banking/NBFC compliance, with focus on:
- Asset-side compliance
- Credit monitoring / regulatory reporting
- Asset-side compliance
- Strong understanding of:
- RBI prudential norms
- Asset classification and provisioning
- Regulatory reporting framework
- RBI prudential norms
Key Skills Competencies
- Strong regulatory interpretation skills (RBI framework)
- Analytical ability with focus on asset-level compliance
- High attention to detail
- Effective communication (especially for regulatory/audit responses)
- Stakeholder coordination and problem-solving
Preferred Experience
- Experience in handling RBI inspections / supervisory audits
- Exposure to credit risk, loan operations, and asset lifecycle
- Experience with regulatory reporting systems and data validation
Behavioural Competencies
- High level of integrity and ownership
- Strong compliance mindset
- Ability to work under tight timelines
- Structured and documentation-focused approach
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
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Section · 02
Skills
Compliance TestingLendingclassificationauditsPortfolio MonitoringCompliance MonitoringBankingCredit MonitoringInternal Auditcredit riskoperationsAsset ProductscompliancellbfinanceLoan OperationsNBFC
Section · Company
About AU Small Finance Bank
AU Small Finance Bank
Banking
50.9k+
employees
1996
30 years old
Jaipur, Rajasthan
India
About
AU Small Finance Bank offer banking services such as personal banking, online banking, internet banking, business & corporate banking, insurance, loans, investments, retail banking & much more.
Industries
BankingFinancial Services
Employee ratings
14,223 reviews
3.8/ 5
Culture
3.6
Career growth
3.5
Work-life
3.7
Employees rate it well for
Work Culture1155Work Environment896Salary745Learning675Work Life Balance609
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