DBS Hiring For Team Head, Regulatory Reporting at Mumbai ,  Full Time

Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels.
Job Purpose

• Responsible to independently lead and manage the central Regulatory Reporting Unit being established under COO of eLVB to
• Create and operate a centre of excellence in meeting regulatory reporting obligations of the bank, both regular and ad-hoc
• Drive automation and build for self-serve to make the reporting process efficient, scalable, and reliable
• Create and maintain subject matter expertise in regulatory reporting within the team

Key Accountabilities:
.Create and operate a centre of excellence in meeting regulatory reporting obligations of the bank, both regular and ad-hoc
.Create and maintain subject matter expertise in regulatory reporting within the team
.Take functional ownership of the regulatory reporting systems and routines, and represent the users in interactions with the Tech teams in systems automation
.Coach and guide the team towards efficient and effective delivery of the reporting. Mentor team for higher level of roles and commitment
.Drive and Nurture robust control environment for regulatory reporting Ensure timeliness, accuracy, and completeness of the regulatory reporting
.Drive and Nurture the culture of innovation Drive process improvement
.Identify opportunities for automation / self-serve, Drive automation and build for self-serve to make the reporting process efficient, scalable and reliable
.Manage stakeholders and promote anytime feedback
.Coordinate with Statutory, RBI, Internal audit for audit closure.
.Keep self and the team constantly abreast of the regulatory changes, particularly those impacting the regulatory reporting
.Be an active member on the Regulatory Governance Group of the bank to enhance the overall compliance culture within the bank.
.Drive maintenance and timely updating of the Standard Operating Procedures (SOP), nd Department Operating Instructions (DOI)

Job Duties and Responsibilities:
.Lead and manage the regulatory reporting team
.Plan and execute regulatory reporting requirements (incl any new /ad-hoc requirements)
.Manage and strictly adhere to the reporting deadlines
.Manage internal and external stakeholders
.Keep self and the team constantly abreast on the regulatory changes across units, particularly those impacting regulatory reporting
.Build resiliency in the team and make the reporting process efficient, scalable and reliable
.Knowledge of banking products and processes
.Identify opportunities for automation /self-serve and drive automation/ build for self-serve
.Provide input on various strategic initiatives within the department and bank.
.Ensure that SOP and DOI are updated all times for the processes within the department.
.Incident management and escalation including preventive/corrective actions
.Ensure all audit issues are duly responded, and adequately as well as effectively remediated.
.Mentor and Engage the team to build commitment, set goals, monitor performance and identify training needs of staff & self.
.Promote staff learning through training, on the job learning, thereby gearing staff for higher responsibility.
Experience
.Minimum 12 years of banking experience with about 4 to 5 years in a similar capacity
.Sound knowledge of the overall banking environment and applicable regulations

Education/Preferred Qualifications
.Chartered Accountant or
.MBA from a recognized institute
Core Competencies
.Strong leadership qualities with clarity of thoughts
.Decision taking abilities.
.Performance and Results Orientation Ability to drive initiatives
.Change / Innovation management
.Strong inter-personal skills.
.Issue resolution skills
.Team player
.Ability to think and analyse
Technical Competencies
.Sound knowledge of rules/regulations
.Sound understanding of banking products
.Good communication and presentation skills
.Exposure to various processes and controls in an automated reporting environment.
.Strong understanding and experience in Data analysis
.Proficiency in MS Office and particularly in Excel
Work Relationship
Stakeholders / Working Relationship:
.Strong working relationship with all business/support/control functions in India
.IMC one-downs in business/support/control functions, particularly Finance, RMG, i, Technology, Operations and Compliance teams
.Regulators, Internal/External Auditors

India-Maharashtra-Mumbai