Compliance Officer Advisory

Role holder should have 5-10 years of post-qualification experience with very good communication skills, hands on with Credit regulations (Wholesale/ Retail) and compliances thereunder.

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

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

SECTION IV: 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

SECTION V: KNOWLEDGE & EXPERIENCE

KNOWLEDGE Minimum Qualifications CA/CS/CMA/LLB

Professional Certifications CA/CS/CMA/LLB

Language Skills English

Experience

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)