Regulatory Reporting Officer

Role & responsibilities

The Regulatory Reporting Officer is responsible for preparing, validating, and submitting statutory returns to the Reserve Bank of India (RBI) and DICGC. The role requires strong analytical skills, sound banking financial knowledge, and handson experience in regulatory returns such as Form A, NDTL, CRR, SLR, Form X, Form VIII, ADF-based reporting, and DICGC submissions. The incumbent will ensure accuracy, compliance, data integrity, and timely reporting as per RBIs Master Circulars and regulatory guidelines.

Preferred candidate profile

1. Preparation of RBI Regulatory Returns

• Prepare and validate Form A NDTL, CRR, and SLR reports as per RBI reporting instructions.
• Ensure correct calculation of Net Demand and Time Liabilities (NDTL) and statutory compliance under CRR and SLR requirements.
• Prepare Form X and Form VIII SLR reporting for eligible securities and ensure adherence to regulatory formats.

2. DICGC Reporting

• Prepare DICGC (Deposit Insurance and Credit Guarantee Corporation) reports as per RBI’s Master Circular and reporting instructions.
• Ensure accurate classification of insured deposits, premium calculations, customer mapping, and data validations.
• Coordinate with Branch Operations and Core Banking teams for data consistency and timely submission of quarterly DICGC returns.

3. CRR & SLR Maintenance

• Comparison of statutory reserve requirements daily and ensure compliance with CRR balances maintained with RBI.
• Review and reconcile SLR holdings with Treasury, investment books, and back-office records.
• Track changes in statutory guidelines and update reporting methodology accordingly.

4. ADF Reporting & Reconciliation

• Prepare and analyze Automated Data Flow (ADF) based regulatory returns.
• Conduct detailed reconciliation between ADF-generated data and final submitted returns.
• Coordinate with IT, Finance, and Operations teams to ensure ADF data quality and completeness.

5. Financial & Regulatory Knowledge

• Maintain sound understanding of bank financial statements, deposit liability structures, investment portfolios, and statutory computations.
• Interpret RBI circulars, Master Directions, FAQs, and reporting instructions related to regulatory returns.
• Support internal/external/RBI audit requirements by preparing schedules, reconciliations, and documentation.

6. Coordination & Documentation

• Liaise with Treasury, Finance, IT, Operations, and Product teams to validate inputs and resolve discrepancies.
• Maintain SOPs, data flow documents, exception logs, and process documentation for regulatory filings.
• Assist in automation, system enhancement, and process improvement initiatives for regulatory reporting.

Required Skills & Competencies

• Strong knowledge of banking financials, balance sheet components, deposits, advances, and statutory reserves.
• Hands-on experience in RBI returns: Form A, NDTL, CRR, SLR, Form X, Form VIII.
• Working experience in ADF reporting and reconciliation.
• Familiarity with DICGC premium reporting, insured deposit classification, and regulatory formats.
• Proficiency in MS Excel, data analysis, and reconciliations.
• High accuracy, attention to detail, and ability to meet stringent reporting timelines.
• Good communication and coordination skills.