About the Role:

- Product Compliance Advisory Official - Assessing and dissemination of actionables emanating from new guidelines and ensuring implementation by the respective Business units of the Bank.

- Responsible to track and ensure approval of any new/review of existing Policy/Internal circulars/Product note/Change Management note & processes after ensuring all regulatory/internal guidelines have been complied.

- Handling of Compliance related queries and approvals.

- Submission of speaking points/Action taken report etc. for various committees like Audit Committee of Board / MD Dashboard etc.

- Testing of regulations / processes/ controls when required

- Providing relevant inputs for preparation of presentations /Dashboards

- Co-ordinate with the respective stakeholder and ensure that proper controls are put in place to mitigate the compliance risk,

- Monitoring compliance risk using various tools (e.g. Key Compliance indicators, etc.)

- Monitoring and tracking of Regulatory Observations emanating from IAD/ CTG/ other sources.

Key Responsibilities:

- Understanding all Regulatory (RBI, NPCI) and Bank's internal guidelines pertaining to Cards specifically Debit Cards, PPI, Payments, Outsourcing (Financial and Information Technology) and ensuring Bank's compliance as per said guidelines.

- Analysing impact of Regulatory Circulars/Notifications issued by RBI/any other regulator and inform the Senior Management about the Compliance Risk emanating if the guidelines are not implemented within the Regulatory timelines as prescribed by the Regulator.

- Partnering with Business Departments on various aspects of Regulations applicable to their Business and providing them solutions on matters referred by them in new and existing products and processes.

- Tracking the implementation in coordination with Business teams (wherever required)

Qualifications:

Optimal qualification for success on the job is:

- Qualified CA / Qualified CS / MBA from a recognized institute

- Banking experience (Branch Banking / Compliance) is desirable

- Knowledge of Banking products is must

Role Proficiencies:

For successful execution of the job, the candidate should possess the following:

- Good communication (both verbal and written) and inter-personal skills

- Excellent communication skills in English are a must, including the ability to summarize findings in a clear and concise manner

- Strong Excel and database manipulation skills, financial and statistical analysis skills)

- Ability to manage risk and uncertainty for self and team within a dynamic priority-setting environment

- Ability to prioritize and make decisions in a fast-paced environment

- Ability to work as a part of team and contribute towards team goals

- Ability to manage multiple tasks/projects and deadlines simultaneously