ICICI Bank - Manager - Retail Assets Compliance

Essential Services: Role & Location Fungibility :

At ICICI Bank, we believe in serving our customers beyond our role definition, product boundaries, and domain limitations through our philosophy of customer 360-degree. In essence, this captures our belief in serving the entire banking needs of our customers as One Bank, One Team. To achieve this, employees at ICICI Bank are expected to be role and location-fungible with the understanding that Banking is an essential service. The role descriptions give you an overview of the responsibilities; it is only directional and guiding in nature.

About the Role :

Compliance Manager - Retail Assets Compliance

As a member of team handling the advisory role you will be responsible for implementation of the guidelines issued by RBI covering retail assets such as mortgage, auto, education loan, personal loan, KCC, etc. You will manage a team to ensure the guidelines issued by RBI are disseminated to the relevant teams within the Bank, understand the requirement of the guideline, engage with stakeholders and ensure the guideline is implemented within the timeline stipulated by the regulator.

Key Responsibilities :

- Co-ordination with business groups to ensure compliance to RBI guidelines.

- Ensure timely guidance to business units and all relevant stakeholders on matters relating to RBI and NPCI regulations and ensuring implementation of the guidelines

- Independently handle business unit queries and liaison with all relevant stakeholders to identify and resolve issues on matters related to guidelines/communication received from the regulator

- Review of process/proposals from regulatory perspective - Review business proposals/process to ensure compliance to the regulations.

- Tracking and dissemination of the letters, guidelines received from RBI

- Monitoring changes in the regulations and providing update to senior management and all relevant stakeholders

- Preparation of notes/presentations - Responsible for preparation of the notes/presentations which are put up to the various committees/senior management

Key Qualifications & Skills :

- Education Qualification: CA/MBA with experience

- Experience in handling compliance: Knowledge about the regulatory guidelines applicable to the retail and rural products.

About the Business Group :

The Compliance Group "Group" at ICICI Bank ensures compliance to the various regulatory guidelines. The Group co-ordinates with the regulatory authorities to understand the regulatory requirements, submission of data/information. The guidelines/communication received from the regulatory is assigned to the various business teams and tracked till closure by the group. The manner of compliance is reviewed by the Group.