We have been retained by our client, a well established, professionally managed Foreign Bank to identify an Assistant Vice President- Compliance. The position will be based at Mumbai. JOB PURPOSE: - To define the compliance strategy for Bank's Products, Services, Finance and steering the Bank through the implementation of the strategy. - To set up compliance policy, guidelines, practices and procedures that meet the requirements of all governing regulatory bodies. - Make a significant contribution to the Compliance Strategic Vision of being an Independent Guardian by setting appropriate standards for Compliance risk assessments. KEY RESPONSIBILITIES: - Undertake Compliance Monitoring reviews across a variety of the bank's businesses. - Take an active role in embedding the revised approach to Compliance Monitoring across the bank, whilst ensuring continuous development and improvement of effective Compliance Monitoring protocols. - Implement the bank's Compliance Monitoring Plan in accordance with the Compliance Monitoring Methodology. - Facilitate effective regulatory risk assessments. - Interpret Compliance Monitoring Programmes into an organized and risk-based work schedule to ensure effective use of resources. - Execute objective monitoring reviews in conjunction with Compliance colleagues where necessary, through effective liaison with Business stakeholders, a variety of fieldwork approaches, production of quality, focused reports, and comprehensive record keeping of work undertaken. - Collaborate with the various Compliance stakeholders, to ensure satisfactory completion of Monitoring activities. - Share best practice and learning with Monitoring colleagues. - Foster close co-operation between and develop excellent working relationships with various Risk and Compliance stakeholders, including Audit & Assurance. - Assess whether Compliance policies and procedures are embedded and operating effectively. - Proactively keep abreast of changes in regulation and legislation, industry best practices, and changes to business activities and products, through self-managed learning and relationships with Compliance colleagues and business networks. - Increase the profile of Compliance within the bank through the identification and escalation of potential or actual regulatory risks in order to protect and enhance the reputation of the bank and to avoid a significant financial loss to the bank or its customers. - Promote best practices in Compliance matters to relevant Business stakeholders, gaining buy-in for Monitoring activities through excellent working relationships. DESIRED SKILLS/COMPETENCIES: - Knowledge of Compliance and regulatory matters - Strong analytical skills - A disciplined approach to Planning, Execution, and Tracking of issues to resolution - Strong team player, able to work collaboratively with colleagues. - Excellent communication skills for documenting and explaining findings - Strong influencing skills for obtaining buy-in to resolve Findings - Drive and enthusiasm - A positive, - can-do- attitude - Experience in handling Regulatory and Corporate Affairs. CANDIDATES PROFILE: Candidates should be Company Secretaries, or Chartered Accountants or MBA in Finance with about 6 to 10 years relevant experience in Banking sector.

Mumbai

Assistant Vice President - Compliance - Bank 

Assistant Vice President - Compliance - Bank  ,Job Description for Assistant Vice President - Compliance - Bank  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (6-10) years of experience. Apply Now!

Job Description for Assistant Vice President - Compliance - Bank  in Corporate Search & Placements Pvt. Ltd. in  Mumbai for (6-10) years of experience. Apply Now!