AU Small Finance Bank - Leadership Role - Regulatory Compliance

Qualification - MBA(ABC), CA, CS, ICWA or related field

Location - Preference given to Jaipur

Relevant Experience - Minimum 15 - 20 years of relevant experience

Functional Competencies -

Proven Risk assessment skills, Excellence in Conflict management, High in Integrity. Being on top of latest changes by regulatory bodies, Excellence in data interpretation, Eye to Detail, Excellent Communication & Problem-solving skills. Planning and execution of day-to-day operational compliance activities.

Behavioural Competencies

- Customer Focus, Work Hard & Look for Details, Responsibly Entrepreneurial, Nurture Talent & Succeed Together, Bias for Action, Integrity.

- Entrepreneurial mindset and great leadership skills.

- A creative strategist with excellent organizational abilities.

Job Responsibilities

Financial & Non-Financial Responsibilities

- Responsible for the management and control of compliance in all aspects of the bank's operations with a view to mitigate the operational and reputational risk of the bank.

- Reviews and monitors changes in regulatory requirements impacting the bank's operations in India. Investigates and finds solutions to compliance breaches and potential breaches. Major responsibilities:

- Provides advice and guidance to senior management on all queries related to compliance issues

- Assists the bank and divisional management in understanding and addressing all applicable laws and regulations.

- Develops and maintains corporate compliance policies and establishes compliance review procedures.

- Directs the activities of the bank's compliance staff and acts as the liaison with regulatory agencies, internal and external advisors, and other internal control groups on compliance related issues.

- May also be involved in the vetting of proposed transactions, taking into account internal guidelines as well as outside regulatory requirements to mitigate risk.

- Works closely with management to establish an appropriate compliance culture throughout the firm including the development of specialized training programs.

- Also liaises with the marketing department to ensure that the firm's printed marketing materials (e.g., advertisements, factsheets) comply with regulatory requirements.

- Team management and performance evaluation to assess the instances of non-compliance.

Compliance & Risk Responsibilities

- Responsible for developing and improving company policies and standards to outline ethical, safe, and efficient procedures.

- Review and update internal policies

- Seeking compliances of circulars/guidelines issued by regulatory bodies including RBI, IRDA, making changes in policies accordance to the newly issued circulars and guidelines

- Conduct investigations to Identify potential risks

- Driving commercial savings on existing portfolios, ensuring compliance