Credit Agricole - Compliance Officer - Business Compliance/Risk Management & Regulatory Liaison

Compliance Officer Business Compliance Risk Management & Regulatory liaison - India

Key Responsibilities:

- Work with the Head of Compliance, India (HC) in advising top management & other stakeholders on Group compliance norms & local regulatory matters concerning Business Compliance (viz. Global Markets, Corporate Banking & Trade Finance) activities / transactions, and aspects of employees' personal ethics (e.g. Personal Account Dealing, Gifts, usage of emails, chats recording of calls etc.). Undertake monitoring / surveillance as appropriate and create staff awareness on these topics thereby contributing towards effective management of non-compliance risks / protecting the Bank from potential regulatory violations.

- For the business areas of the bank:

- Perform compliance analysis for and advise on Customer suitability, New Activities and Products (NAP) / Cross-border transactions / Complex & Sensitive transactions.

- Provide compliance advise for references made by the front / back office and other support functions (on transactions / activities / rules & regulations).

- Ensure dissemination of compliance related information and publication to the relevant staff / departments.

- Review business policies and operational procedures to ensure they embed group and local regulatory requirements as relating to Business Compliance matters. Monitor that such policies are reviewed on a periodic basis.

- Provide training covering group and local regulatory aspects as relating to Business Compliance matters.

- Regulatory watch: Keep track of and disseminate timely advise on new/ changing regulations concerning Business Compliance aspects, as issued by the RBI or FEDAI or FIMMDA or IBA or SEBI etc. and applicable from a group perspective as well. In this regard, maintain an effective tracker on actionable/s arising from these regulations and carry out effective follow up / escalation to assure timely implementation.

- Fulfill the compliance monitoring and reporting requirements for Business Compliance aspects under various group policies and local regulatory guidelines. Ensure Control Program/ Surveillance (including alert reviews) for these aspects are timely and effectively executed.

- Ensure timely submission of reports to HO and local Regulators. Contribute effectively towards adequate preparation and presentation of periodic compliance reporting e.g. RBS Tranches, NAP, Compliance Management Committee, Regional / HO reporting and local regulators.

- Regulatory liaison: For Risk Based Supervision (RBS), work with the HC to ensure continuous & effective communication with the Supervisory Relationship Manager (SSM), internal co-ordination / review of ongoing requests from the regulator for offsite monitoring, thematic reviews etc.

- Work with the HC to assist with liaison and co-ordination with regulators on Business Compliance matters (viz. clarifications / approvals and other issues). Ensure effective support for conduct of onsite regulatory inspections and periodic liaison in respect of the same. Engage / maintain operating relationships within relevant departments of the RBI / other regulators.

- Administer/ maintain an effective tracking on filing of all regulatory returns and correspondences from the regulators / other authorities, disseminate to / engage with the relevant internal stakeholders and ensure timely & adequate feedback for the requested information.

- Manage business compliance projects and local initiatives as advised by the HC from time to time.

The role offers a comprehensive exposure within the Business Compliance area spanning across Global Markets, Corporate Banking and Trade Finance which amongst others involves the use of analytical, investigative and communication skills. It envisages working independently with a progressive engagement with internal & external stakeholders. Consequently, the role provides a good platform for delivering value and enhancing competencies.