VP level No. of Yrs of experience: 15 yrs+ Qualification: Company Secretary/ Chartered Accountant/ MBA CTC: As per market standards. Reporting to: Chief Compliance Officer Skills/ Job Requirements and Responsibilities : - Must be working in a retail Indian Bank. Not only in Foreign Banks - Predominantly worked in Retail portfolio and NOT in Wholesale portfolio , Predominantly should have working knowledge of Retail Assets. - Retail Liabilities knowledge may not be MUST, Candidate ideally should be one down of the Chief Compliance Officer. RBI Regulation - Extensive knowledge of RBI banking regulations pertaining to retail business. Ensuring compliance to RBI Regulatory/ Policy guidelines for MSME, Retail, MFI, Agri and other retail portfolio Thorough understanding of regulatory guidelines and the risk emanating out of it. Regulatory Advisory - Provide commercially sound guidance to business teams on regulatory/compliance issues. Actively engage with them to ensure effective implementation of such guidelines. Assist business to effectively assess any regulatory change%C2%B7 Compliance Monitoring/ Testing - Conducting comprehensive compliance risk assessment and implement commensurate risk-based compliance monitoring/testing periodically. - This will include Thematic Testing, Testing on RAR Compliances submitted to RBI, Tranche-III, Product Testing, Returns Testingo Manage and conduct monitoring and testing across compliance risks.o Identifying the effectiveness of the design of the control based on testing. - Identify control deficiencies / validate control weakness. - Proactive engagement with business teams to understand the control in place and discussing design deficiencies, if any.%C2%B7 To carry out bank wide the Compliance risk assessment Policy/ Process - Identifying & implementing policies/ process in line with extant guidelines and responses to the queries / clarifications sought by various Business / Credit / Operations / Support functions. To vet New Product & Process of the bank from regulatory perspective. Vetting / Scrutiny of Credit proposals from compliance angle.

Mumbai

Compliance Officer - BFS 

Job Description for Compliance Officer - BFS  in Virtuous Advisors and Resources Pvt. ltd. in  Mumbai for (15-20) years of experience. Apply Now!