This job offer is not available in your country.
Manager, Risk Strategy & Governance (Regulatory Risk Management)
ConfidentialMumbai19 days ago
Job descriptionManage end-to-end submission of regulatory reports / returns under ownership of Risk Department to ensure that all regulatory reporting obligations are fulfilled, gaps and issues are highlighted with analysis and appropriate remediation implemented Support risk reporting related transformation projects including project management tasks, including development of project charters, project plans, and status updates reports as well as overall project monitoring. Work closely with regulatory compliance teams to understand and document Risk departments regulatory reporting requirements, ensuring that such requirements are actioned with relevant business, data and engineering teams. Support in implementation and maintenance of end-to-end processes around report creation and delivery, and support in documentation of regulatory reporting requirement controls, ensuring they are auditable For more details, do visit www.smfgindiacredit.com Collaborate with data teams to ensure that the required data inputs for all reports are correct and that the underlying logic generating all reports in up to date and operating effectively Help maintain data quality control processes to ensure regulatory reports are accurate, meet the documented requirements and are signed off with appropriate maker- checker controls Assist with implementation of systems necessary to create efficiencies in the regulatory reporting process, working closely with teams such as compliance, finance, data engineering et al Maintain scalable mechanisms and controls for tracking regulatory reporting compliance in line with best in-class industry practice Contribute towards production of periodic regulatory reporting program health reports for Senior management, including trend analysis and recommended strategies; Analyse and explain the causes for major movements in trends Minimum 4+ years of relevant regulatory assurance and regulatory reporting experience in risk governance / CRO office / compliance teams in leading banks / NBFCs in India In-depth knowledge and understanding of retail lending industry and regulatory compliance obligations for banks / NBFCs in India Experience of working on delivery of ongoing Regulatory Reporting projects / programs in retail lending financial services will be an absolute plus Problem solving abilities, attention to detail, strong analytics skills and auditing skills with a zeal to dabble with multiple data sources and multiple stakeholders Ability to work efficiently and independently in a fast paced, agile environment in multiple stakeholder settings Continuous learning mindset and strong communication skill Masters degree in Analytics, Finance, Risk Management, Accounting, Business Administration, or a related field. Professional qualifications such as FRM, CA, CFA are highly desirable
Role & responsibilities
Regulatory Compliance and Change Management :
- Support in Identifying and implementation of regulatory change (covering policy / process / system adaption)
- Assist in collation and validation of data / information (sought by regulators pre, during and / or post Regulatory inspection)
- Support the identification and remediation for gaps / improvement areas identified during Inspection as well as Compliance Testing
- Act as point of contact for escalations, controls, key process and risk indicators in supporting the Risk departments regulatory governance and compliance agenda
- Contribute in evaluation of adequacy and effectiveness of regulatory reporting policies, processes and controls and develop and manage effective change management process
Regulatory Reporting Oversight and Management :
Preferred candidate profile
Experience Required (In Years), Technical skills and Soft skills
Qualification Required
Skills Required
Acounting, Risk Management, Business Administration, frm , Cfa, Ca
Create a job alert for this search
Risk Manager • Mumbai