Description
We are seeking an Assistant Vice President - Financial Control to manage the financial operations of our organisation, ensuring the accuracy, integrity, and reliability of financial reporting.
You will lead the preparation and review of regulatory reporting submissions to the Reserve Bank of India (RBI), manage a team of finance professionals, and ensure compliance with financial control and reporting standards.
Responsibilities:
- Prepare, review, and oversee RBI regulatory returns and disclosures, ensuring accuracy, completeness, and timeliness.
- Manage reporting related to Capital Adequacy, ALM, Treasury returns, and other RBI regulatory requirements.
- Ensure compliance with RBI regulations, internal financial control standards, and accounting frameworks including Indian GAAP, IFRS, and Ind AS.
- Act as a key Finance contact during regulatory inspections, audits, and reviews.
- Collaborate with Finance, Risk, Treasury, Operations, and Business teams to support regulatory reporting obligations.
- Drive automation, process improvements, and reporting transformation initiatives.
- Lead, coach, and develop team members while fostering a culture of accountability, integrity, and continuous improvement.
Requirements:
- Qualified Chartered Accountant (CA).
- Experience in the Indian banking industry.
- Strong understanding of RBI regulations relating to Capital Adequacy, ALM, Treasury reporting, and regulatory returns.
- Comprehensive knowledge of RBI requirements applicable to foreign banks operating in India across Corporate Banking, Investment Banking, and Treasury products.
- Strong knowledge of Indian GAAP, IFRS, and Ind AS.
- Experience in internal financial controls, financial audits, and regulatory inspections.
Desired Skills:
- Strong analytical and problem-solving skills.
- High execution focus with the ability to manage multiple priorities.
- Effective stakeholder management and communication skills.
- Team leadership and people development capabilities.
- Self-motivated, results-oriented, and detail-focused.
- Ability to work effectively in a demanding regulatory environment.
- Strong ownership mindset with a focus on automation and continuous improvement.