Deputy National Lead - Finance & Accounts

4 days left

Employer
Bajaj Finance Limited
Location
India
Posted
Nov 05, 2024
Closes
Dec 16, 2024
Ref
4926961772
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Academia
Job Purpose
“This position is open with Bajaj Finance ltd.”
Implementation and automation of BASEL III Reporting Duties and Responsibilities
PRINCIPAL ACCOUNTABILITIES
(Accountabilities associated with the job)
• Impact analysis of RBI guidelines w.r.t Basel -III
• Preparation of project plan for Basel III implementation - covering all the aspects viz. Impact identification, data points analysis, system enhancement required and final computation logic for CRAR
• End to end execution of Basel -III reporting project
• Co-ordination with various stakeholders for understanding system functionality and identifying areas of system development / reports required for Basel -III implementation
• Co-ordination with RBI officials w.r.t implementation of BASEL-III project and interpretational issues
• Preparation of internal capital adequacy and assessment procedure document and monitoring compliance of the same
• Co-ordination with RBI officials w.r.t inspection related items pertaining to Basel-III Reporting
• Finalizing approach for BASEL -III related disclosures
• Establishing process for controllership of all the data elements required for reporting
• End to end responsibility for automation of BASEL-III Reporting

4. MAJOR CHALLENGES
(Challenges faced on an on-going basis in carrying out the job)
Interpretation of Regulatory guidelines w.r.t Basel -III implementation
Identification of key impact areas for Basel -III implementation
Analysis of system functionalities for automation of Basel III reporting
Project monitoring for various system enhancement requirement
Co-ordination with various functions for the purpose of requirement finalization and process improvements for BASEL -III Reporting
Identification of critical data elements for internal capital adequacy and assessment procedure

5. DECISIONS
(Key decisions taken by job holder at his/her end)
Decision on various system enhancements required for Basel Reporting
Decision with respect to approach to be followed for data gathering and validation for reporting and disclosure
Decision on changes to be done in existing process for the purpose of implementation of automated Basel III Reporting
Finalization of impact areas for BASEL Reporting

6. INTERACTIONS
(Key working relationships a job holder needs to have INSIDE and OUTSIDE the company to accomplish the job)

Internal Clients
Roles you need to interact with inside the organization to enable success in your day to day work
To coordinate with various teams in the organization like - Finance , Risk, Business, IT, Compliance, Treasury, Legal etc.

External Clients
Roles you need to interact with outside the organization to enable success in your day to day work
Co-ordinate with RBI officials Required Qualifications and Experience
SKILLS AND KNOWLEDGE
(Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent)
• Thorough knowledge on Basel -III RBI guidelines - Pillar -1, 2 and 3
• Implementation / reporting exposure for Basel -III Reporting
• Expert understanding of internal capital adequacy and assessment procedure
• Operating knowledge on IGAAP / IND-AS
• MS Excel proficiency
• High analytical abilities
• Exceptional communicational skills

Educational Qualifications
a) Qualifications

Chartered Accountant
b) Work Experience

Minimum 5 years of experience in the field of Basel -III reporting and automation related project for Banks