Director - Compliance - Bank

Job Description :

- An Individual should have strong relationships with various RBI departments (DOS, DPSS, DOR, CSITE and others) and coordinate with RBI audits to ensure it is well managed and any regulatory findings are closed to the RBI's satisfaction.

- Build relationships with Compliance officers to help benchmark bank's compliance strategy with the best practices in the industry.

- Provide guidance to internal stakeholders on interpretation of regulations and guidelines issued by regulator (RBI)

- Provide guidance and support to business team in development of controls for new product/service projects

- Leveraging external information to identify key regulatory risks for the bank based on the status of its internal control environment

- Contribute to Compliance Assessment of quarterly and annual Control & Compliance Rating of the Bank

- Have good understanding on local retail and credit card business here in India.

- Maintain central repository of all legal entity line of business compliance manuals, policies, local legal inventory, and central list of all governing status, regulation, policies, and other material related to respective compliance program

- Participate in and representing the views of the bank in regulatory and industry forums, councils, and associations