Treasury Compliance Role - Bank

Description:

Key Responsibilities:

Regulatory adherence / monitoring implementation:

- Assessment of applicable regulatory guidelines and identifying the actions emanating from these guidelines

- Ensuring that changes in applicable regulatory guidelines are promptly disseminated, along with actionable to the concerned business units / departments for implementation

- Driving timely implementation of regulatory changes across assigned business, risk and support units

Compliance Advisory / Consultative Role:

- Being trusted & learned advisor - Advising business units on processes / controls from compliance standpoint to ensure adherence to applicable regulatory guidelines and Providing clarification on any compliance related issues and monitoring of resolution thereof

- Review of policies / internal circulars or guidelines from compliance perspective, and challenge constructively & provide guidance to business and/or product teams

- Assisting and/or Advising Business in compliance of supervisory observations in both letter and spirit, in timebound and sustainable manner

Compliance Monitoring / Risk Assessment:

- Driving an effective compliance risk management program through formulation of policies, review Indicators (KCIs), Compliance testing

- Identifying non-compliance / regulatory breaches through various sources like RBI RAR, Internal Audit, Operational Risk Reports, Compliance Testing etc., and Advising business in carrying out root cause analysis and remediation plan

Reporting to Board / ACB / Governance forums:

- Reporting and Updating the Board / Audit Committee of the Board on important regulations, regulatory developments and non-compliances / regulatory breaches observed in assigned businesses