International Banking:Overseas - Compliance

Job Title

Team Member

Grade

AVP

Department

Compliance

No. of Positions

1

Location

GIFT City, Gandhi Nagar

Reporting Authority Job Name

SVP-1

No. of Direct Reports

NA

Team Size

NA

Job Description

.Handling Compliance aspects related to GIFT City branch

.Analyzing impact of Acts/Rules/Regulations/Guidelines/Circulars and appraising the Senior Management about the Compliance Risks emanating from the regulations.

.Supervising dissemination of actionables emanating from new regulations and ensuring implementation by the respective Business units of the Bank.

.Partnering with Business Departments on various aspects of Regulations applicable to their Business and providing them solutions on matters referred by them in new and existing products and processes.

.Approval of any new/review of existing Policy/ Internal circulars/processes after ensuring all regulatory/internal guidelines have been complied.

.Review of major business proposals, credit proposals etc and providing inputs from regulatory compliance perspective.

.Compliance testing as per compliance monitoring plan, submission of the report to HO and tracking closure of observations.

.Meeting and communicating with the regulators for clarification on regulations and approvals for products/services.

.Submission of speaking points/Action taken report etc. for various committees like Audit Committee of Board /MD Dashboard etc.

.Handling of Compliance related queries and approvals.

.Providing relevant inputs for preparation of presentations /Dashboards

.Monitoring and tracking of closure of regulatory observations emanating from IAD, Compliance Testing and Regulatory Inspection reports

.Approval and testing of new/change product and process notes in line with relevant applicable regulations /internal policies and giving sign off to PMC/CMC notes

Competencies Required

.Understanding of IFSCA and RBI regulations and guidelines

.Good Interpersonal and communication skills

.Excellent spoken & written (Drafting) English skills

.Proficiency & command in Excel, Word & PPT etc.

Academic Qualifications Required

CA/ MBA/ Professional qualification

Nature of Relevant Work Experience Required

8-10 years of experience in banking

No. of Years of Relevant Work Experience

5 years experience in related functions