Senior Manager - Wholesale Compliance - Banking

POSITION PURPOSE:

The role envisages the incumbent to demonstrate knowledge and understanding on regulatory provisions. The incumbent should ensure that the products, processes and controls required are in line with the regulatory prescription and act as a bridge between the Bank and the regulators for effective implementation of regulatory provisions.

A. KEY POSITION RESPONSIBILITIES:

Senior Key Responsibilities:

- Interacting with the regulators for seeking clarification and solutions to business dilemmas

- Vetting or drafting of regulatory correspondences

- Reviewing responses provided by the various units for RBI observations for their completeness

- Reviewing Policies, Product Notes and SOPs

- Providing compliance views on clarification sought by stakeholders

- Preparation of summary of regulatory circulars for dissemination

- Reviewing controls provided by the various units of the Bank for the obligations mapped to them to assess the design effectiveness

- Identifying and reviewing areas of emerging risks in the Bank

- Responsible for compliance training and awareness, providing proactive and expert compliance advisory service