Madhavsingh Purohit

Centralised Regulatory Reporting Team (CRRT)

Outline :

Leading centralised regulatory reporting team at Axis Bank, Setting up of review mechanism, Automation of Regulatory Report, Audit management, RBI Compliance

Key Role :

• Ensuring complete governance on regulatory requirements with respect to submission of data to the regulator with accuracy and on timely manner
• Lead the implementation of new RBI regulatory requirements, including impact analysis, researching and providing guidance to business on accounting and regulatory issues
• Handling various RBI SSM queries and data requirements on a day to day basis and ensuring quick and accurate response
• Lead and manage the response to the audits requirement by RBI SSM, Stat Audit, internal audit and on a continuous basis to concurrent auditors
• Actively involved with the data development team for code analysis of automated reports and highlighting the gaps which are not as per the expected guidelines
• Conducting various training programs to various group in the bank and create an awareness regarding regulatory compliance pertaining to credit domain on quarterly basis
• Undertaking automation requests for automation of other regulatory reports such as RAQ,BSR,PSL,SLBC etc.

Key Role:

• Regulatory returns to RBI (Preparation & submission) and Other Documents
• Manage and ensure accuracy and timely submission of all major RBI Regulatory reporting such as DSB RAQ, CRILC, PSL, ALE, RBS indents, SMR VI-AB, RBS, RLC, RCE, RDB, ADEPT, NESL, CIC's etc
• Lead the implementation of procedural manual/policy for preparation of regulatory reports, internal reports and HO reports with detailed information
• Working on projection of PSL requirements against the targets and formulation of strategy in order to comply with targets
• Reviewing and submission of various financial information to Notes to Account, Pillar III disclosure, Bond documents etc
• Lead the preparation of information to the senior management such as details to prudential limits, Industry wise breakup of portfolio, rating wise breakup of portfolio etc

Key Project:

Implementation Core banking system and Analytics system

• Representing CRM team in the implementation of core banking system with responsibility mainly from credit perspective
• Ensure key discussion and raising requirement with the project team for all the necessary fields to be made available in core system
• Preparation and review of BRDs document for automation of internal reports and RBI report
• Ensure for all the logic are properly implemented as per the regulatory requirement and provide the sign-off within the timeline specified

Centralisation of CRM function across MUFG Bank

• Key member of the group for ensuring smooth function of centralisation of CRMD at Mumbai branch
• Initiating various discussions with CRM function across the bank and understanding the current process followed and their assigned deliverables
• Provided various feedback to the management regarding the improvement in the process followed and also highlighted the concerns area or non-compliance of norms
• Successfully implemented the centralisaton of CRM function at Mumbai branch before the timeline.

Key Role:

• Regulatory returns to RBI (Preparation & submission) and Other Documents
• Preparation of critical and major regulatory reports like Priority Sector Lending, industry and sector related DSB return, Real estate exposure, exposure to large borrower, DSB returns pertaining to advances of the bank to RBI on fortnightly, monthly and quarterly basis
• Preparation of industry and sector-wise exposure in MD&A, Bond Document, Annual Report, I-GAAP, US-GAAP, and for Pillar 3 documents
• Preparation of Priority sector note for Audit Committee Meeting
• Handling various other adhoc requirements from regulators, senior management, investors, and inter-departmental
• Setting up process for various RBI returns according to latest guidelines or change in reporting format

Project: Automation of Regulatory Return and MIS

• Actively involved in base system data mapping in CDR (Centralised data repository) project of the bank to enhance data integrity and quality to cater various recipient
• Successfully completed end to end development of RBS indent pertaining to Collateral related indents (17 indent) and indent related to Industry/Sector (40 indent)
• Successfully completed creation of data mart in ADF for various systems at account level for generation of various Industry and Sector wise return