Vertical Head -RMCC – Reporting

Job Title : (Job Name)- VH-RMCC – Reporting

Business Unit (PA) :   Integrated Risk Management – Credit Risk Management

Team : (Sub team in the PA)   RMCC (Risk Management Capability Centre)

Reports to (job name/supervisor name) :   :   Head – RMCC / Rahul Roy Chowdhury

Location of role : Mumbai

Job Fn : Regulatory Reportings

Role Type: Supervisory Role

No of direct reportees: 3-5

Travel Required: Moderate

Job Purpose: The person's primary responsibility will be

1.         Ensuring monthly/quarterly and annual reporting of regulatory reporting under the regulatory and accounting standards for capital & Provisions.

2.        Handling reporting activities pertaining to Operational Risk such as Loss Data, Key Risk Indicators, Near Miss events, OR Capital Requirement, OR Stress Capital. Understanding the different loss events, computing the data and doing basis analysis of the LD, KRI, etc.    

3.        The role will involve Projects on Automation and Implementations, Process Streamlining, SOPs designing by Liaising with ERM and Operations Risk, Finance, Operations, IT , Credit, Policy, Risk Analytics, Audit and Compliance Units, Active engagement with Senior Management

4.        Developing and Managing team to ensure all deliverables with respect to Regulatory for capital and provisioning and operation Risk activities are met.

Job Responsibilities(JR) : 6 – 8 Areas

Actionable (4-6)

Capital/Provisioning Computations

·   Capital Computation under Standardized & Internal Ratings Based (IRB) Approach on a monthly and quarterly basis

·   Expected Credit Loss based Provisioning for the Banks Portfolio under the accounting standards of IFRS/IndAS & CECL

·   Regulatory QIS Submissions

·   Implementing necessary process changes / designing standard Operating Processes /System enhancement

·   Responding to validation / Internal and External audit observations on capital computations and taking corrective action

·   Responding to RBI on AFI / RBS observations on capital computations and taking necessary corrective action

·   Ensuring documentation / policy formulation for capital/provisioning computations

·   Presentation to Sr management attributing change in capital/provisioning numbers/impact of new guidelines etc

Monitoring Key Risk Indicators and operations Risk Loss Data computations, Stress Testing and Risk appetite of OR capital

·   Collection of KRI data from different bank units and computation of KRI score sheet.

·   Colleting write-off files and provision files from various stake holders in the bank

·   Processing of the base data to analyse and report Operation Risk loss data cases, monthly & quarterly.

·   Collection of RCA and Mitigation for OR loss instances.

·   Preparation of monthly and quarterly KRI and Loss data report for ORMC and ICAAP reporting as applicable.

·   Driving Automation of KRI and Loss data of OR reporting activities

System Implementation

·   Performing UAT for new system implementations in capital and Provisioning and Operation Risk like OFFSA and Service Now.

Team/Stakeholder management

·   Manage a team of Team Leads and in turn analyst/Sr analyst and guide them on various aspects related to capital/provisioning computations, guidelines interpretation, system implementation etc

·   Liaise actively with operations, finance and IT units for automation projects on computations and reporting

·   Work with finance, audit and validation to ensure compliance to all regulatory requirements

·   Taking up the findings with Senior Management and getting requisite governance documented and adhered to

Educational Qualifications (examples listed below)

Key Skills (examples listed below)

Post-graduate degree (preferably in Finance or an MBA or an CA Or Economics degree with a strong quantitative underpinning) from a respected institution with an outstanding academic record.

Minimum Experience of 10-12 Years in relevant field.

·   Team Management & Excellent interpersonal skills

·   Excellent Quantitative and analytical skills

·   Strong Interpersonal / Communication skills

·   Experience in handling large volumes of data. Good excel / Python and SAS knowledge/ skills

·   Good understanding of the regulatory guidelines with respect to capital adequacy/ECL computations and operations Risk and banking processes.

·   Should be able to manage and groom the team assigned to him / her in order to develop their competencies

Experience Required (examples listed below)

• Experience of 10-12 years & above in risk management in banking from reputed financial house

• Exposure to banking preferable

• Experience of handling regulatory audit.

Major Stakeholders (intra team and cross functional stakeholders, who would need to be interacted with for discharging duties) (examples listed below)

·        CAD/Operations Team

·        Credit/Policy Team

·        Finance Team

·        Ratings Team

·        Audit Team

·        Validation Team

·        Compliance Team

·        IT Team