Assistant Vice President, Regulatory Reporting and Data Governance

Job Purpose:

To support end-to-end RBI inspections, work with other Business/supporting units. Coordinate with internal stakeholders, tracking actions, and ensuring timely and compliant closure as per the Banks governance standards.

Key accountabilities:

• Central coordination for managing RBI inspections.
• Central coordination for managing adhoc requests/indents from RBI.
• Identification of impacted functions and facilitation of action ownership.
• Tracking and follow-up on implementation progress and closure documentation.
• Preparation of periodic management updates and dashboards.
• Liaison with business, risk, operations, and other functions to ensure regulatory compliance alignment.
• Manage the day-to-day operations of the regulatory compliance tracking tool, ensuring its smooth and efficient functioning, and actively identifies and implements improvements to its effectiveness and other related processes
• Providing additional support to compliance advisory teams as may be required.

Job Duties and Responsibilities:

• Review and facilitate closure of RBI inspections. Ensure all deliverables of RBI inspection completed within the due dates
• Coordinate assessment discussions and obtain feedback from relevant stakeholders.
• Monitor progress, escalate delays, and ensure closure evidences are documented.
• Support internal governance forums with implementation status updates.
• Assist in continuous improvement of the circular tracking and compliance process.
• Oversee the regulatory compliance tracking tool's daily operations, ensuring smooth functioning, and drives improvements to its effectiveness and other related processes
• Support regulatory compliance head and advisory teams for additional support as may be required.

Required experience:

• 8-12 years of experience in Compliance or Regulatory function in a bank.
• Prior exposure to managing regulatory inspections and stakeholder management preferred.

Education / Preferred Qualifications:

Prost Graduate / Chartered Accountant with direct experience in banking or financial services industry.

Core Competencies:

• Strong understanding of RBI and banking regulatory requirements.
• Excellent communication and coordination skills.
• Analytical mindset with attention to detail.
• Proficiency in MS Excel, Word, and SharePoint for tracking and reporting.
• Ability to manage multiple priorities and meet timelines.