Revenue Assurance and Regulatory Reporting SM

Gurugram - India

Monthly Salary: Not Disclosed

Posted on: 3 hours ago

Vacancies: 1 Vacancy

Job Summary

Job Description:

1. RBI Regulatory Reporting

Own preparation review and submission of RBI returns including but not limited to:
- NBS-1 NBS-2 NBS-7
- Statutory returns and ad-hoc RBI data requests
- CKYC / CRILC data validation (from finance perspective)
Ensure data consistency across RBI returns financials and MIS.
Track and implement changes in RBI guidelines impacting reporting.
Act as primary SPOC for RBI inspections on reporting and data matters.

2. Revenue Assurance & Income Integrity

Ensure correct interest income recognition in line with:
- Loan terms
- Ind-AS / NBFC norms
- RBI income recognition guidelines
Validate:
- Interest accruals
- Penal interest
- Processing fees and other charges
Identify and plug revenue leakages due to system issues incorrect configurations or operational lapses.

3. Reconciliations & Data Controls

Oversee critical reconciliations impacting revenue:
- LMS vs GL
- Bank collections vs system postings
- Fee income and interest reversals
Ensure maker-checker controls and exception tracking.
Partner with accounting team for timely resolution of breaks (without owning book closure).

4. System & Product Controls

Work with tech/product teams to:

Validate LMS configurations for interest EMI schedules and charges.

Ensure correct treatment for restructures pre-closures moratoriums NPAs.

Participate in UAT for new products or system changes impacting revenue or reporting.

Job Description: 1. RBI Regulatory Reporting Own preparation review and submission of RBI returns including but not limited to: NBS-1 NBS-2 NBS-7 Statutory returns and ad-hoc RBI data requests CKYC / CRILC data validation (from finance perspective) Ensure data consistency across RBI retur...