Senior Vice President - Compliance Officer - Bank

Senior Vice President - Compliance Officer, GIFT City with a leading Multinational Bank

Role : SVP Compliance Officer - IBU

The Compliance function is a Second line of defence (LOD) function, responsible for reviewing and challenging the activities of the Groups businesses to ensure that they effectively manage the Regulatory and Financial Crime Compliance risks.

Responsibilities :

- Responsible for maintaining a strong Compliance culture in the branch, interact with regulators/supervisors directly and act as SPOC for regulators.

- Monitor, communicate and coordinate applicable Laws, Rules and Regulations issued by the IFSCA.

- Ensure tracking, monitoring and submission of various returns and ad-hoc requests from the Regulator.

- Implement policies and regulations with respect to Anti Money Laundering / Combatting Terrorist Financing and Sanctions.

- Act as a Principal officer for Anti Money Laundering (AML) related matters for regulatory authorities.

- Periodic review of IBU branch policies, new product SOPs and product notes.

- Support and guide business, product and functional teams for new product launches, risk assessment, interpretation etc.

- Responsible for compliance governance and ensuring adherence to Bank's Compliance Policies /Standards /Procedures.

- Provide relevant and timely compliance advisory to the Branch Management and internal stakeholders.

- Participate in and conduct compliance testing in order to effectively identify, detect and remediate of compliance gaps and risks.

- Implement Global Policies, Standards, Procedures, within the branch.

- Support first line of defense across all business lines in GIFT city branch.

- Drive and support high standards of compliance framework.

- Impart trainings on various compliance topics.

- Escalate critical compliance matters to the senior management.

- Conduct assessments of all new products, processes and systems from Compliance Risk perspective.

Certifications, Qualifications and Experience :

- Significant experience as a regulator, or a senior compliance manager across all areas of Compliance risk within a global firm, in the financial services industry.

- Detailed and extensive knowledge of Bank structure.

- Significant leadership experience and an experienced strategic thinker.

- Excellent communication and inter-personal skills.

- A legal or formal accountancy qualification or professional background in a relevant risk or audit discipline.