Compliance Advisor - Credit

Strategic/ Managerial Responsibilities Guiding Business Units on Regulatory Compliance for transactions handled by the Bank covering Credit regulations.

Core Responsibilities:

• Guidance & Advisory
• Provides guidance and support to business teams on their queries pertaining to Credit (Wholesale and Retail) regulations/guidelines issued by RBI
• Liaising with RBI for seeking clarification
• Product & Process Note Review
• Review of Product and Process note to ensure that product/ process notes are compliant from regulatory perspective.
• Ensures that compliance comments are communicated and discussed with the product owner post internal discussions.
• Circular Tracker Implementation
• Ensure that regulatory guidelines are disseminated within prescribed timelines
• Identification, review of action point and dissemination to stakeholders
• Follow up with stakeholder to ensure that regulatory guidelines are implemented by the relevant unit(s).
• Testing of compliance submitted by stakeholder before closure of circular action points
• Training Devise online training module , periodic updation etc
• Audit Committee / Board Submission
• Ensure preparation and submission of quarterly compliance agenda notes to CS team
• Preparation of Monthly Report on Compliance Activities
• People Management or Self-Management Responsibilities Need to interaction with Business Unit / Product Team / Operation Unit
• Need to interact with the middle/senior management of Business Unit/ Product Team/ Operation Unit
• Risk and Internal Control Responsibilities

KEY INTERACTIONS

• Key Internal Interactions Purpose of Interaction
• Business Unit / Product Team and Central Compliance Team For Guidance and support to Business Teams / Product Team / Operation team on their queries pertaining to Credit regulations/guidelines issued by RBI.
• Key External Interactions Purpose of Interaction
• Interaction with RBI for seeking clarification / guidance

KNOWLEDGE & EXPERIENCE

• KNOWLEDGE Minimum Qualifications CA/CS/CMA/LLB
• Professional Certifications CA/CS/CMA/LLB
• Years of Experience 5-10 Years
• Nature of Experience Preferably have worked in Credit (Wholesale/ Retail) advisory in a Bank (Compliance department or Business Compliance)