One of our Leading Clients, a Large Private Bank is looking out for an AVP/ DVP - Compliance Management to be based at Mumbai.

Job Purpose :

1.Managing the regulatory affairs and playing an advisory role to business and credit teams.

2. Regulatory and Internal Policy compliance

Job Responsibilities :

Core Compliance:

- Ensuring that the Bank is in Compliance with the relevant guidelines issued by various regulators in respect of the assigned functional areas, including Compliance Reviews

- Review new products, procedures, system implementation which will result in all the activities of the bank being compliant with all the regulatory and statutory requirements as also the internal procedures, processes and policies laid down by the Board.

- To carryout Compliance testing as per the approved annual compliance testing plan.

To provide consultation / timely clarifications on various regulatory matters within the organisation in respect assigned functional areas

Risk Based Supervision:

- Understanding the regulatory requirements under Risk Based Supervision and providing support to the concerned units heads in Compliance.

- Understanding various data points pertaining to RBS submissions.

Monitor timely and comprehensive actions are taken by respective functions to ensure compliance with the observations in regulatory / statutory inspection reports.

Educational Qualifications:

1.Post-Graduation - CAs / MBAs with good knowledge of regulatory guidelines having experience in relevant areas.

2.Certifications : Financial Risk Manager

Experience Required :

1.Minimum experience in years - 12 years

2.Exposure to banking preferable

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