IT:Program Analyst - Project Management

Explain:

�        The function of the department � The department handles operations and compliance relating to Bank as a SEBI registered Depository Participant of CDSL and NSDL.

�        Importance and contribution towards the organization � All operations are centralized and handled by the Department. Department official is the designated Compliance Officer for SEBI/NSDL/CDSL.

Why does the role exist?

To handle Compliance related to Depository Services (SEBI/NSDL/CDSL) which includes regulatory filing, regulatory correspondence, internal compliance, circular issuance, etc. Act as a Nodal Compliance Officer for the department.

What is its contribution towards the organization?

Ensure that the Bank is compliant with all SEBI/CDSL/NSDL compliance requirements and other internal compliance requirements.

What is the size of the operation the position manages and supports?�����������������������������������������������������������������������������������������

3 staff

�        To act as Nodal Compliance Officer for the Depository Services department

�        Ensure compliance of all regulatory / internal guidelines including regulatory periodic filing, reply to regulatory letters / circulars within the deadline time specified by the regulator.

�        Handle directives received from statutory authorities

�        Prepare circulars for issuance to Branches

�        Handle inspection of SEBI / NSDL / CDSL, ensure compliance of observations made by the SEBI / NSDL / CDSL inspection team, draft compliance notes / letters regarding submission of inspection observation compliance to SEBI / NSDL / CDSL before the deadline time specified by them.

�        Coordinate with Branches for regulatory inspections (NSDL / CDSL)

�        Co-ordinate with concurrent / internal auditors for completion of audit and ensure that any adverse findings are communicated to Branches and follow-up with branches / other department sections is done for concurrent audit compliance. Incorporate Management Comments in the report.

�        Prepare Agenda for Audit Committee Meetings

�        Ensure prompt resolution of investor queries / grievances and maintenance of database / records as per the regulatory requirements.

�        Guide other Sections of the Department on operational compliance like Account Opening Section, Account Maintenance Section, etc.

�        Suggest and implement new initiatives

Optimal qualification for success on the job is:

�        Qualification - B.Com., PGDBM (Finance) (Equivalent to MBA)

�        Experience � 21 years

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

�        Knowledge

(Knowledge of operations of CDSL and NSDL

������� Knowledge of SEBI, CDSL and NSDL compliance requirements

������� Knowledge ofDepository Act, 1996, The SEBI (Depositories and Participants) Regulations, 1996, The Bye Laws and Business Rules of NSDL & CDSL, Directives / Circulars / Guidelines issued by SEBI, NSDL/CDSL from time to time

�        Skills

(Good communication (both verbal & written) and inter-personal skills

� Good skills of liaisoning with regulators and various various statutory authorities

�        Abilities

(Ability to work effectively across functions and demonstrated ability to coach and mentor others

������ 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

������ Ability to work as a part of team and contribute towards team goals

������ Ability to manage multiple tasks/projects and deadlines simultaneously

������ Ability to conceptualize and implement compliance culture with a view to ensure Bank is compliant with all SEBI/CDSL/NSDL regulations)