Compliance:RBI Compliance Team

Role description

Basic requirement:

• General Banking, Knowledge in the areas of Credit, Branch Banking, experience in handling regulatory queries & correspondence.


• Proficient in working on MS Excel, Word, & Power point.


• Knowledge about the key RBI regulatory requirements.


• Keen to read and understand regulations and apply to cases / observations received from RBI.


• Good verbal communication and effective co-ordination with internal and external stakeholders.

Detailed requirement:

• Handling bank wide indents, RBI onsite inspections, RAR &RMP observations received from SSM team.


• Understanding concern raised, including related guideline(s).


• Liasioning with internal stakeholders for suitable revert


• Communicating with SSM team wherever required with regard to the indents received.


• Reviewing the responses received to ensure that requirement from the regulator is suitably addressed.


• Tracking and ensuring compliance with regulatory timelines.


• Training of the team handling indents within compliance and also stakeholders outside compliance for making the process more effective.


• Pulling out specific concern areas / trends basis regulatory indents.


• Detailed tracker and specific MIS related to indents be prepared.


• Maintaining database of RBI officials, area wise and maintain liaisioning with them as per defined process.


• Extend support for RBI onsite and related compliances wherever needed.