Lead NPA Reporting Specialist
1 day ago
Job Title: Lead NPA Reporting Specialist
About IDFC FIRST Bank:
IDFC FIRST Bank is a leading financial institution that offers a range of banking services. As a responsible corporate citizen, we strive to provide excellent customer service and maintain the highest standards of integrity.
Estimated Salary Range: ₹ 25-40 Lakhs per annum
Job Description:
The Lead NPA Reporting Specialist will be responsible for handling the bank's non-performing assets (NPA) and asset quality related returns. This role involves working closely with various teams, including branches, business units, and collection teams, to ensure accurate and timely reporting.
Key Responsibilities:
- Handling of NPA and asset quality related returns
- Responding to queries from branches, business units, and collection teams regarding asset quality data
- Performing month-end closing activities, including reconciliations, provisions, NPA checks, and other tasks
- Conducting regular self-assessments to identify new risks and implement mitigation strategies
- Preparing financial ratios required for regulatory submissions
- Collaborating with the technology team to develop systems that meet regulatory requirements and improve processes
- Maintaining accurate operational documentation and ensuring compliance with bank and regulatory rules
- Preparation of reports in accordance with bank and regulatory guidelines
- Maintenance of MIS parameters and identification of process improvements to streamline data collection and report generation
- Maintenance of accurate financial data and reports for senior management
- Participation in regular audits and recommendation of corrective financial action plans
- Analytical review of data to verify accuracy
- Capture and sharing of best practice knowledge amongst the team
- Creating an environment that promotes collaborative learning and collective ownership of responsibilities
Required Skills and Qualifications:
- Graduation: Any Graduation
- Post-graduation: Any Post-graduation
- 10-18 years of relevant experience
Benefits:
IDFC FIRST Bank offers a comprehensive compensation package, including a competitive salary, bonuses, and benefits. We also provide opportunities for growth and development within the organization.
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