Compliance:BUCG - Treasury Team

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