Credit Agricole - Compliance Officer - Financial Security Risk Management/Fraud Prevention/Surveillance & Reporting

Key Responsibilities:

- Work with the Head of Compliance, India (HC) in advising top management & other stakeholders on group & local regulatory matters pertaining to i) Financial Security [i.e. KYC / AML / CFT & International Sanctions], ii) Fraud prevention / Anti-corruption and iii) Customer Service / Complaints. 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 all business areas / divisions of the bank:

- Review and approve KYC requests involving high risk clients or those having Financial Security triggers.

- Provide Compliance advise as regards matters concerning Financial Security (FS), Fraud Prevention / Anti-corruption (FP) & Customer Service / Complaints (CS).

- Ensure that business policies and operational procedures embed the group and local regulatory requirements as relating to these matters. Monitor that such policies are reviewed on a periodic basis.

- Provide training covering group and local regulatory aspects as relating to these matters. Ensure update / distribution of related compliance policies & procedures (e.g. Compliance manual, KYC/ AML / CFT policy etc.)

- Regulatory watch: Keep track of and disseminate timely advise on new / changing regulations concerning FS, FP and CS matters, as issued by the RBI or FIU or FEDAI or IBA or SEBI etc. and applicable from a group perspective as well. In this regard, contribute towards maintenance of an effective tracker on regulatory actionable/s and ensure effective follow up with stakeholders for implementation.

- Fulfill the compliance monitoring / surveillance and reporting requirements (mainly relating to matters concerning FS, FP and CS) under various group policies and local regulatory guidelines (from RBI, FIU, FEDAI, IBA, BCSBI, SEBI etc.). In this regard, carry out local monitoring on red flag alerts and reporting of suspicion as advised by the FIU. Ensure control program / surveillance (including Data leakage prevention, Screening, AML and International Sanctions alert reviews) are timely and effectively executed.

- As Alternate Principal Officer and Nodal officer for Fraud reporting, work with the HC to ensure required regulatory disclosures, filings, reporting and to coordinate with Head Office (HO) & local regulatory authorities as it relates to KYC/ AML/ CFT or Frauds e.g. RBI, FIU etc. In this regard, engage / maintain operating relationships within relevant departments of the RBI / other regulators.

- Ensure tracking and timely submission of reports, returns, correspondences etc. to HO and local regulators. Contribute effectively towards adequate preparation and presentation of periodic compliance reporting e.g. for RBS, Compliance Management Committee, Regional / HO reporting and local regulators.

- Assist with liaison and co-ordination with Regulators / HO. Also ensure effective support for the conduct of RBI reviews under RBS, other regulatory reviews and co-ordination with concurrent auditors, external auditors for various matters.

- Manage compliance projects / assignments as advised by the HC from time to time.

The role offers a comprehensive exposure within the keys areas of Financial Security [i.e. KYC/ AML/ CFT & International Sanctions], Fraud Prevention & Anti-corruption and Compliance surveillance 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.