Compliance:Compliance Operations Team

About Compliance:

The Compliance department assists the Board and Top Management in managing the compliance risk, that is, the risk of legal or regulatory sanctions, financial loss or reputational loss that the Bank may suffer as a result of its failure to comply with the applicable laws, regulations or code of conduct applicable to banking activities. It ensures strict observance of all statutory provisions in various legislations such as Banking Regulation Act, Foreign Exchange Management Act, Prevention of Money Laundering Act, Reserve Bank of India Act, etc. as well as the regulatory guidelines issued from time to time, the standards and codes prescribed by BCSBI, FEDAI, FIMMDA, etc. and also the Bank's internal policies and fair practice code

About the Role:

The Compliance Operations Team is responsible for ensuring the proper adherence to all compliance requirements and to process any operational requirements for the same. The Team must ensure Dissemination of regulatory guidelines, clear instructions to departments with respect to timely action to be taken. The Role involves taking due cognizance of all regulatory requirements and to drive and ensure compliance across the Bank's functions. Proper Due diligence must be conducted before precipitating any Business Transaction for matters of Compliance Adherence.

Key Responsibilities

• Dissemination of regulatory guidelines and providing clear instructions to departments with respect to timely action to be taken.
• Follow up and ensuring implementation of the agreed actionable.
• Understand an end-to-end scope of products / processes proposed by departments, and giving compliance related inputs,
• Conducting compliance risk assessment of the relevant units,
• Preparing notes to be placed to various committees / Top Management within the Bank.
• Analyzing new regulations and its impact and following-up for compliance of the same.
• Maintaining complete repository of all relevant items of breaches and creating breach universe

Qualifications:

Optimal qualification for success on the job is:

• MBA from a recognized institute
• Law Background preferable
• Preference to be given to those having completed CAIIB or other professional banking courses.
• Reasonable exposure to branch banking and Experience in Compliance Operations

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

• Good communication (both verbal and written) and inter-personal skills
• Strong Excel and database manipulation skills, financial and statistical analysis skills)
• Ability to work on large database in Excel Analyzing data Report preparation for information to Senior Management
• Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment
• Ability to prioritize and make decisions in a fast-paced environment

#ComeAsYouAre We are dil se open. Women, LGBTQIA+ and PwD candidates of all ages are encouraged to apply