Regulatory Compliance Specialist

5 hours ago


Mumbai, Maharashtra, India DBS Full time

Job Description

As a Regulatory Compliance Specialist - Finance, you will play a critical role in ensuring that DBS's finance operations are compliant with regulatory requirements. You will be responsible for managing financial risks, preparing regulatory reports, and ensuring that all financial activities are conducted in accordance with RBI directives.

About the Role

The successful candidate will have at least 8 years of experience in finance, with a strong background in risk management and regulatory compliance. They will be well-versed in banking products, accounting norms, and regulations, and have knowledge of all RBI regulations and RBI returns relating to the Financial Control function.

Key Responsibilities

  • Preparation of local financials (under Indian GAAP & as per RBI directives) and analysing the key drivers of Balance Sheet and Profit and Loss movement
  • Closing the annual financials of the bank and getting them audited
  • Preparation of regulatory (RBI) reports. Reports include DSB Returns, Form-A, Special Fortnightly Returns, Form-VIII, Form-X, etc.
  • BASEL-3 compliance including capital adequacy computation, Pillar 3 reporting, etc.
  • Responsibility for all reporting to RBI pertaining to Finance and reportings to the Board/Audit Committees in compliance with the Companies Act.
  • Coordination with RBI Inspection Team, Concurrent Auditors, Statutory Auditors, etc.

Requirements

  • Minimum 8 to 9 years' experience in the Finance Department of a bank in similar capacity
  • Well-versed with banking products, accounting norms, and regulations
  • Knowledge of all RBI regulations and RBI returns relating to the Financial Control function

Compensation

We offer an estimated salary of $120,000 per annum, commensurate with experience and qualifications.



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