RECRUITMENT OF SPECIALIST CADRE OFFICERS IN SBI ON CONTRACT BASIS FOR WEALTH MANAGEMENT BUSINESS UNIT ADVERTISEMENT NO: CRPD/ SCO-WEALTH / 2019-20 / 06 Online Registration of Application & Payment of Fees: From 23.05.2019 to 12.06.2019 State Bank of India invites Online application from Indian citizen for appointment to the following Specialist Cadre Officers posts. Candidates are requested to apply Online through the link given on Bank's website <a href="https://bank.sbi/careers" target="_blank" rel="noopener noreferrer">https://bank.sbi/careers</a> or <a href="https://www.sbi.co.in/careers" target="_blank" rel="noopener noreferrer">https://www.sbi.co.in/careers</a> Candidates are advised to check Bank's website https://bank.sbi/careers or https://www.sbi.co.in/careers regularly for details and updates (including the list of shortlisted/ selected candidates) Age as on (01/04/2019: Min : 25 Max : 40 Selection Process : Shortlisting, One or more rounds of Personal/Telephone/ Video Interview & CTC Negotiation Place of Posting : Mumbai Post : Risk & Compliance Officer Educational Qualification (As on 01/04/2019): Graduate from Government recognized University or Institution. Professional Qualification in Risk/Compliance preferred. Post qualification work experience (As on 01/04/2019) : Minimum 5 years of experience in Wealth Management business, out of which minimum 3 years experience in Risk & Compliance in Wealth Management. Job Profile & Key Responsibilities Areas: Job Profile: - Formulating the Risk Management Guidelines, transaction monitoring and proactively identifying and mitigating the risks for the Wealth Management Business. - Ensuring Compliance of the Wealth Management Business with the Regulatory and Internal Compliance Guidelines. KRAs: - Development of risk management practices manual based on regulatory guidelines (issued by compliance). - Sales and investment advisory practices defined by Sales Head, Research Head and CGM (Wealth). - Transaction monitoring to identify discrepancies (pre-defined triggers) - Exception Handling for all risk related alerts provided by the Technology Platform - Random checking through calls to Hubs, e-wealth Centre and Customers - Publishing surveillance reports for all branches / hubs - Minimize and pre-empt customer complaints on account of malpractices - Eliminate breaches of regulatory guidelines - Ensure adherence to risk management manual by RMs, SMs and ICs - Ensuring compliance of Various Regulations of SEBI, RBI and other regulatory bodies. - Creation of Internal Compliance guidelines to be followed by Wealth Management and Advisory teams (Sales, Service and Operations) - Liaising with regulatory bodies for updates on guidelines - IRDA, AMFI, RBI, NRI guidelines in key geographies (USA, UK, Singapore, Middle-East, Australia) - Resolution of observations by regulators on wealth management practices - both in India & globally - Monitoring the Compliance, by the Wealth Management, including Advisory Teams in respect of requirements of the Regulatory guidelines, notifications and instructions from time to time - Submission of necessary disclosures to SEBI and other regulatory bodies Any other matter, as may be entrusted by the Bank from time to time

Mumbai

SBI - Risk & Compliance Officer - Contractual Role 

SBI - Risk & Compliance Officer - Contractual Role  ,Job Description for SBI - Risk & Compliance Officer - Contractual Role  in SBI in  Mumbai for (5-10) years of experience. Apply Now!

Job Description for SBI - Risk & Compliance Officer - Contractual Role  in SBI in  Mumbai for (5-10) years of experience. Apply Now!