Regulatory Technology Specialist
2 weeks ago
National e-Governance Division (NeGD) is seeking an experienced Regulatory Technology Specialist to lead the requirement analysis for a comprehensive SupTech Solution. The specialist will work closely with the International Financial Services Centers Authority (IFSCA) at GIFT City, Gandhinagar and NeGD for gathering and documenting requirements for multiple regulatory technology modules.
Key Modules & Their Scope
1. Digital Regulatory Reports- Standardized submission formats (XBRL, XML, XLS)- Multiple interfaces (web forms, upload, APIs)- Validation and analysis capabilities- Dashboard generation
2. MIS Dashboards and Reports- Supervisory monitoring tools- Performance, compliance, and risk tracking- Cross-vertical trend analysis
3. Risk-Based Supervision (RBS)- Risk profile analysis of Regulated Entities (REs)- Integration of multiple data sources- Risk scoring mechanisms- Red flag identification- Supervisory program generation
4. Inspection- Ad-hoc and system-triggered inspections- Planning and scheduling functionality- Execution tools (checklists, questionnaires)- Comprehensive reporting capabilities
5. Enforcement- Regulatory compliance enforcement- Show-cause notice management- Response handling- Personal hearing coordination- Enforcement action tracking
6. Regulatory Compliance- Automation of compliance verification- Regulatory database management- Rule definition for automatic verification- Compliance report generation
7. Shared Support Functions- Inquiry management- Alert and notification systems- SLA tracking- Checklist management- Meeting records management- Actions management
8. Admin Application- User and role management- Access permission controls- System configuration tools- Risk analysis parameters- Business rules management- Form and template creation- SLA and master data management
Responsibilities
The Regulatory Technology Specialist will be responsible for gathering and documenting requirements for the following modules:
Integration and Support Requirements
The specialist will need to document requirements for:
Data integration with SWIT system and external sources.
Workflow integration between modules.
User interface design and functionality.
Comprehensive documentation for all user types.
Training requirements and materials.
Required Skills & Qualifications
Essential:
4+ years of experience as a Business Analyst in financial services or regulatory technology.
Strong domain knowledge in financial regulations and supervisory technologies.
Desirable:
Expertise in requirement gathering and documentation.
Experience with integration requirements and API documentation.
Understanding of XBRL Taxonomies and knowledge of Indian & Global Regulatory Reporting Standards.
Additional Requirements
Willingness to travel to GIFT City, Gujarat initially.
Excellent communication and stakeholder management skills.
Ability to understand and document complex regulatory processes.
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