Senior Manager - Compliance - Banking

Description:

Role Purpose

- The role involves leading compliance assessments across banking functions and newly introduced products, with the objective of providing assurance to senior management on regulatory and policy adherence.

Key Accountabilities

- Assist in drafting the annual Compliance Review Plan for submission to the Board.

- Design and periodically update compliance review checklists aligned with regulatory requirements and internal standards.

- Perform fieldwork and ensure reviews are completed within agreed timelines.

- Prepare initial compliance review reports and engage with stakeholders to discuss observations.

- Consolidate stakeholder responses and issue final compliance review reports.

- Ensure accurate maintenance of documentation and working papers for all reviews conducted.

- Track open items arising from compliance reviews and monitor progress to closure.

- Coordinate with management teams to drive timely resolution of compliance observations.

Core Competencies

- Strong knowledge of the Indian banking regulatory landscape, with emphasis on RBI guidelines.

- Ability to interpret regulatory circulars and apply them to practical scenarios.

- At least 5 years of experience within the banking sector.

- Working knowledge of banking operations including trade finance, remittances, treasury, and related functions.

- Effective interpersonal and communication skills.

Qualifications

- MBA / CA

Skill Set

- Trade Finance

- Compliance Advisory

- Compliance Reviews

- Compliance Testing

- Internal Audit