IndusInd Bank - Unit Compliance Officer

Job Description:

- To manage and conduct activities related to Compliance functions at apex level of the Bank mainly -

- Dissemination of regulatory guidelines;

- Monitoring and testing of compliance in the Bank;

- Reporting to the Senior Management and the Board;

- Providing clarifications on regulatory and legal aspects;

- Vetting of the Bank's internal documents like Policies, Product Papers, SOPs, etc.

- Coordination with external agencies like the Regulators, SROs, FIU, etc.

- Coordination with other Business/ Functional Units in the Bank.

Preferred Skill Set:

Educational Qualification: Technical Qualification

Essential: Graduation

Desirable: MBA

- CAIIB/ Any other Banking Programme

- Course in FEMA or KYC/AML/CFT

- Good overall knowledge of Banking Regulations

Detailed knowledge and Good understanding of either:

a) FEMA and Regulations; UCPDC; International Trade Norms; Foreign Trade Policy; RBI guidelines/ directives on Forex transactions, various Sanctions (OFAC/ EU/ UN), Operational aspects of Trade and Forex transactions;

or

b) KYC/ AML/ CFT related laws, international guidance/ standards, Indian regulations and guidelines; Operational aspects of adherence to KYC/ AML/ CFT requirements.

- Desirable good familiarity with the other areas stated in (ii) above.

- Good understanding of AML/ CFT aspects especially Transaction Monitoring, Typologies, Mitigant Measures

- Require good communication skills

Age Profile:30 to 40 years

Work Experience (in years)

- Around 10 - 12 years in banking. Exposure to different banking activities is desirable.

Experience in either:

- Trade and Forex areas;

or

- AML cells handling alerts for STRs; will be an advantage and in the other is desirable.