Vice President - Compliance - Bank - CA

Vice President - Compliance - Bank

- Manage team/support Compliance Head to implement efficient and effective compliance programs and functioning systems of internal control and in coordination with Regional Compliance team. Liaise with regulator and manage regulatory relationship.

- Drive or support high standards of core compliance framework through the ongoing delivery of an organized and structured Core Compliance Program

- Ensure compliance for the Bank's business divisions and product line and operational system. Communicate, coordinate and monitor regulatory compliance policies, systems and procedures, provide relevant and timely Compliance Advisories

Main Responsibilities :

- Drive and support high standards of core compliance framework through the ongoing delivery of an organized and structured Core Compliance Program

- Develop and execute solutions that support business strategies while enhancing our ability to monitor and manage risks in any environment; continuously learn from the past to drive our direction in the future.

- Designing efficient solutions to meet and exceed regulatory expectations and program enhancement needs.

- Develop balanced solutions to support first line of defense while ensuring that key compliance risks and regulatory requirements are addressed.

- To provide support on Global/Regional Projects

- To support the teams in their new product review and advise from regulatory perspective

Financial :

- Persistently pursuing fiscally responsible behavior while continuing to drive program development through responsible hiring and identifying opportunities for cost effectiveness.

- Keep pace with new and upcoming regulatory requirements, directives, expectations and priorities.

- Ensure an active Regulatory Engagement with Regulators

- To maintain connect with Industry Peers to facilitate better advocacy on important regulatory matters

- To ensure Collaborative engagement meetings and actions in timely manner.

- Develop and maintain strong stakeholder management with key stakeholders both within bank and externally.

- Proactively engaging with peers to ensure consistent management of core compliance and financial crimes risks and disciplined compliance with our global target operating models.

- Promoting risk evaluation, mitigation, and management consistent with policies and standards and through coordination and engagement of the first line of defense

- To ensure proactive monitoring of issues and escalations thereof in order to strengthen the First Line of Defence People

- Ensure subordinates are prepared for increased responsibilities and duties. Additionally, to manage key man risk and complete succession planning for team, identify flight risks and aid employee development

- Provide assurance to the Management on the functioning of the teams, for understanding on effectiveness of implementation of guidelines, both HO and Local regulations

- Ongoing delivery of an organized and structured Compliance Program including the Compliance Risk Assessment and Management Information, process reviews, rollout of policies and training.

Education & Professional Qualifications :

- CA with 10-15 years of banking experience, preferably in compliance advisory or Experienced Banker

- Good stakeholder management skills to collaborate with other departments.

- Strong knowledge of Compliance issue and local financial regulations.

- Good communication skills.