Role Purpose:

- To lead and oversee the Compliance function for the India operations of a Corporate & Investment Banking franchise, ensuring adherence to all applicable regulatory requirements, particularly those issued by Reserve Bank of India, Financial Intelligence Unit - India and other relevant regulatory authorities.

- The role will be responsible for maintaining a robust compliance framework aligned with global standards while supporting business growth.

Key Responsibilities:

Regulatory & Governance Oversight:

- Act as the principal compliance officer and regulatory liaison with the Reserve Bank of India and other regulatory bodies.

- Oversee timely and accurate submission of regulatory returns and certifications.

- Lead RBI inspections, supervisory reviews (RBS), thematic reviews, and regulatory audits.

- Ensure dissemination and implementation of regulatory circulars, master directions, and notifications.

AML / CFT & Financial Crime Compliance:

- Oversee AML/CFT framework in line with Reserve Bank of India guidelines and Head Office policies.

- Ensure robust monitoring and reporting to Financial Intelligence Unit - India including STR/CTR filings.

- Supervise Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions screening, and transaction monitoring.

- Review suspicious transactions, unusual activity reports, and high-risk client relationships.

Policy & Advisory:

- Develop, review and update compliance policies, internal codes of conduct, compliance manuals, and practice guidelines.

- Provide advisory support to Corporate Banking, Investment Banking, Treasury, and Trade Finance teams.

- Ensure compliance risk assessments are conducted periodically and controls are strengthened.

Compliance Testing & Monitoring:

- Lead compliance testing program covering regulatory guidelines and internal policies.

- Identify gaps, recommend corrective actions, and track remediation.

- Oversee monitoring systems and ensure effective use of compliance tools and regulatory platforms.

Stakeholder & Leadership Management:

- Promote strong compliance culture across the organization.

- Engage with senior management and Board on compliance matters and risk exposure.

- Coordinate closely with Risk, Internal Audit, Legal, Operations, and Business Heads.

- Liaise with regional and global compliance teams to ensure alignment with group standards.

Regulatory Systems & Reporting:

- Oversee regulatory platforms and reporting systems including RBI portals and compliance reporting tools.

- Ensure robust documentation and audit trails for regulatory submissions.

Candidate Profile:

- 15-20 years of overall banking experience with minimum 8-10 years in senior Compliance roles within Corporate & Investment Banking.

- Strong working knowledge of Reserve Bank of India Master Directions, FEMA regulations, AML guidelines, and corporate banking regulatory framework.

- Experience handling RBI inspections and regulatory correspondence independently.

- Exposure to foreign/MNC banking environment preferred.

- Strong leadership presence with ability to interact with regulators and Board-level stakeholders.

Qualifications:

- CS/CA / MBA (Finance) / LLB / Post Graduate in Finance or related discipline.

- Relevant certifications in AML, Compliance or Risk Management preferred.

Key Competencies:

- Strategic regulatory interpretation

- Strong governance and risk mindset

- High integrity and ethical standards

- Strong communication and stakeholder management skills

- Analytical and decision-making ability