Manager/Chief Manager - Compliance & Audit - Bank

Compliance & Audit Manager/Chief Manager-Upcoming South Korean Bank -Mumbai

We are glad to inform you that we have an urgent requirement for Compliance & Audit role with one of the South Korean Banks for Mumbai Location:

Compliance & Audit Role

JD:

Responsible for creation of and compliance to all bank's policies, manuals & circulars as per the RBI/ Basel/ UCPDC norms, monitoring the branches, taking care of procedures and controls.

Take care of Banks- overall compliance to KYC, AML, CFT, FEMA, FATCA and CRS norms and reporting to RBI, FIU, Income tax and other regulators on periodical basis.

To liaise with empanelled legal experts / empanelled valuers for credit and administration related issues.

Consolidation of reports from the branches for reporting to RBI & Bank

Creating of Audit methodologies and audit procedures for early recognition of risk and suggest appropriate action for mitigation of risks.

To coordinate with various committees like Management Committee, ALCO, Risk Management Committee, Fraud Management Committee etc. for on time identification of risk and mitigation.

Consolidate concurrent audit reports at the branch level and the statutory audit at the Head office level and follow up for closure of reports.

Co-ordination with the RBI Officials for regulatory inspection and for any other clarifications / details required by the regulator.

Preparation and submission of qualitative and quantitative parameters for Risk based supervision work of RBI Baseline supervisory inspection.

Preparation of details required in ICAAP document and other financial details required for submission to the regulator.

Responsible for compliance of priority sector lending at the bank level and to take care of DICGC payments

To check on periodical basis for the compliance of procedures at various departments of the branches and to incorporate universal best practices and support operational functionaries.

To prepare / check for compliance with the various operational risk policies including customer rights policy, customer service policy, customer information security, IT support etc.

To create awareness with the branch employees on code of conduct, operational procedures and mitigation of operational risk etc.

Qualification:Graduate/Post Graduate

CTC : Negotiable

If interested please apply with your updated CV

Rohan