This opening is with leading Bank for Mumbai Location.

The role holder is responsible for implementing RBI regulations pertaining to credit, resolving business queries, reviewing product and processes, liaising with regulator for various clarifications on regulatory matters and preparation and submission of Board and Audit Committee notes on a periodic basis. The role also ensures training to Internal Audit and Business teams.

Guidance & Advisory - Query Management

- Provides guidance and support to business teams on their queries pertaining to RBI regulations on Credit Portfolio (Corporate as well as Retail).

- Product & Process Note Review

- Analyses product notes from regulatory perspective and providing inputs on the same.

- Ensures that compliance comments are communicated and discussed with the product owner post internal discussions.

Regulatory Relationship :

- Liaise with official in Department of Banking Operations and Development, Foreign Exchange Department, Rural Planning and Credit Department, FEDAI for various clarifications required by business.

Circular Tracker Implementation:

- Undertakes dissemination of regulatory guidelines and subsequent tracking to ensure implementation of the same in the Bank.

Preparation and submission of applicable Board, Audit Committee and other notes

- Undertakes preparation and submission of Board and Audit Committee notes on a periodic basis

- Undertakes preparation and circulation of monthly Compliance Review note

Training:

- Performs training to Internal Audit Team and other business teams in accordance with the Training Calendar

- Provide guidance including ongoing feedback to individual to enable achievement of the defined goals.

- Participates in the departmental audits and implements practices to bridge gaps identified during departmental audits.

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