Regulatory Reporting department of Trade Finance Operations - AVP

It is a regulatory reporting role while leading a team of 5-7 team members.

Candidate should have understanding and experience of Trade finance related regulatory reporting to both internal and external stakeholders (regulators, govt agencies) with accuracy and on timely basis. Namely Interest Equalization statement, Trade Credit, NESL- National E-Governance Services Ltd, Import of gold return, Stressed Asset Reporting SMA reporting1, R returns, FIU-KYC Data, Risk based supervision . Refer below highlighted details for more reports. **

Knowledge of regulations, FEMA, RBI circulars and Master Directions related to trade products (Exports,Imports, Guarantees, Financing & relevant reporting)

Handling regulators & government agencies with regards to adhoc investigation/ queries related to trade transactions by bank. (Data collation and drafting of response in coordination with internal stakeholders), EDPMS/IDPMS discussion with Regulators.

Close coordination with stakeholders (Finance, Business, Product, Compliance, CS, IT, Branch, Backoffice, loan ops,etc to collate data required to be filed at the bank level with regulators and also provide data required / sought by other departments.

Experience in handling Internal and external audits I.E, RBI audits, Concurrent, Statutory, RBS Tranche I & III, Swift Controls, Group Audits, Internal testing. RBI Inspections, Submissions to RBI on RAR & RMP Observations.

Working on closure of audit reports, SII, Findings.

Working with finance on trade related reporting including RWA, Classification of guarantees, Asset liability related data for trade volumes, transfer pricing between group entities.

Team management and guidance to team on reporting (Daily overdue reporting, LC devolved, BG invoked) and other BAU related queries.

NPA monitoring and understanding of SMA reporting for trade overdue transactions.

Experience of automation related to trade reporting, un-serviced interest, NPA.

Preparation of RBI application for approvals related to export, import, guarantees transactions not falling under RE delegation.

GST reporting related to Trade finance transaction.

Vendor Governance (Audit & Ops outsourcing)

Trade accounts governance Internal, Nostro, working account, A/R, A/P.

Skills:

• Extremely strong written and verbal communication skills
• Driven and motivated to work under tight timelines
• Extremely diligent and hardworking to efficiently manage deadlines.
• Excellent skills in using MS Office Power point and Excel
• Experience in Trade regulatory reporting, devising MIS, running initiatives within a complex organizational structure and people management experience.

**Reports : Interest Equalization statement, Trade Credit Form monthly, Import of gold return, NESL- National E-Governance Services Ltd, Import of gold return monthly, Trade Credit Form, EXIM Bank Letter, Bal Memo , NOOP BA NOOP CIE report overdue status of customers >= 30 days , DEAF Form I, (CRILC)1Central Repository Information on Large Credits inputs, DEAF Form III, Reg tech- Automated Data Extraction Project (ADEPT), Term Loan mis--report on collection efficiency, R returns, FIU-KYC Data, Risk based supervision, Network FSU Report, Stressed Asset Reporting SMA reporting1, ALE Report, Hedging of Commodity Price Risk and Freight Risk in Overseas Markets, TF Loans file - RBI product codes, Form 15CC RAQ on export credit: section 7, Disbursement data RAQ section 4:Section 4: Change in Asset Quality Profile and Recoveries of NPAs, Debit summation (PSL), Bills for Collection, international Banking Statistics, Data on outstanding loans composition, Share of Link loan to MCLR and Base rate, Unhedged Foreign Currency Exposure, External Benchmark file, Special Monthly return SMR VI AB, Cross Border Wire Transfer- FIU, Export Credit Data / Controlling figs + FBRDs, Default reporting for Merchanting txns, Statement of Advance Remittance without bank guarantee or standby letter of credit where the amount of advance is equivalent to or more than USD 5 million for import of Rough Diamonds, Import of Rough, Cut and Polished Diamonds, CERSAI REPORT, Long term export Advance report, Escrow Report, DEAF, CTR, NPA reports, etc.

Your key responsibilities

Working in the regulatory reporting team, interacting with various stake holders within Trade Finance and also across various departments of the bank. Candidate shall be responsible for ensuring accurate and timely filing of various regulatory reports of Trade Finance Operations and leading the team to manage the regulatory support activities.

Your skills and experience Graduate /Post graduate /MBA/Cas in with an industry experience of about 8 to 12 years is preferable. Looking for a candidate with experience in Regulatory reporting, Providing data to RBI during Inspections, Risk and Controls, Trade finance Operations (LC, BG, Import Export docs, Financing, structured products, supplier finance) knowledge.