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23/03 HR
HR at SMBC

Views:2965 Applications:115 Rec. Actions:Recruiter Actions:0

SMBC - Manager/AVP - Legal & Compliance - LLB (4-10 yrs)

Delhi/NCR Job Code: 203999

Sumitomo Mitsui Banking Corporation, is one of the largest Japanese banks in the world and serves customers in APAC, EMEA and Americas region. The bank is majorly involved in commercial banking activities. In India, the bank has launched its operations in March 2013 and is growing steadily since then. We are looking out to recruit dynamic people for the branch to aid the business expansion plan in the country.

We are currently recruiting for Manager / AVP - Legal & Compliance Department

Job Summary:

- Advising on legal & regulatory matters for Banking and Authorized Dealer transactions particularly on matters relating to Companies Act, Indian Contract Act, RBI, FEDAI, FIMDA notifications etc.

- To review and advise on Trade Finance related documents, Bank Guarantee agreements, LC etc.

Key Responsibilities:

Legal:

- Advise on loan documents & negotiating the terms before execution of documents.

- Drafting of standard documents with the help of external counsel and in consultation with concerned Product/ Marketing teams.

- Review all standard documents periodically.

- Empanelment of Law Firms/ Legal Counsels and engagement of Legal Retainer, obtain Legal opinion from external counsels on important issues.

- Represent the Bank in all Legal, Judicial, Quasi-Judicial Forums, Management of litigation and reporting of the same.

- Brief the senior counsel on behalf of the Bank whenever required.

- Modification/ Exception in standard documents whenever required.

- Resolve legal queries.

- Vetting of non standard documents.

- Vetting of vendor agreements & SLAs etc.

Compliance:

- Clarification on all regulatory guidelines.

- Clarification on various H.O guidelines pertaining to compliance.

- Notifications issued by regulatory authorities / RBI

- In-office compliance committee meeting

- Compliance self review / testing

- Review unresolved customer complaints.

- Clarification on compliance action plan

- Awareness sessions on various legal & compliance related aspects.

KYC & AML:

- KYC in e-KYC system for any new relationship of Bank & Counter party.

- Manage safe watch system for inward and outward swift messages.

- Investigate and close AML leads in SAS system.

- Transaction monitoring

- Review of AML procedure manual

- Suspicious transaction reporting, CTR, STR, CCR to FIU

- AML Risk Assessment

Position Specifications:

- Working experience of more than 4 years.

- Experience of working in a banking environment.

- Must be legally qualified (LLB)

- Must have working knowledge of KYC, AML.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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