jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
12/01 AbhinavC
Vice President at USRC

Views:109 Applications:24 Rec. Actions:Recruiter Actions:8

Vice President - Compliance - IFSC Banking (10-15 yrs)

Gandhinagar Job Code: 1031673

A. Position Purpose

- Advisory on GIFT CITY IBU related transactions and provide guidance from IFSCA / RBI regulations perspective

- Advisory on Trade/FEMA related transactions (especially buyers credit and ECB) and provide resolution to queries pertained Trade/FEMA from IFSCA perspective

- Ensure timely response from stakeholders

- Timely response against queries received from regulators regarding GIFT CITY IBU area

- Coordinate with departments like Business and GTS for proper implementation of regulatory requirements

- Fostering compliance culture

- Interaction with regulators (e.g. IFSCA, RBI) and industry bodies (e.g IBA) on regulatory compliance matters relating to GIFT CITY IBU

- Develop and maintain positive and professional working relationship with Business and Operations

- Conduct review of product and process to ensure compliance with regulatory requirements

- Identification and monitoring of regulatory compliance risk

- Review of periodic MIS/reporting required to be file with IFSCA and ensure that the timelines for regulatory reporting/requirements are adhered to

B. Position Responsibilities/ expectations:

- Advisory on GIFT CITY IBU area

- Proficient in relevant regulations

- Good interpretation skills

- Providing timely advice on the transactions

- Overall monitoring regarding of GIFT CITY IBU for regulatory compliance

- Review of periodic MIS / reporting

- Instructing GIFT CITY IBU stakeholders to implement the process and regulatory requirements

- Highlight regulatory issues

- Regulatory and Industry Body relationship

- Liaison with IFSCA/RBI etc. for obtaining clarifications

- Reviewing important communications from/to regulators/industry body

- Helping business obtaining regulatory approvals in reasonable time

- Proficient in Excel and Power Point Presentations

- Helping CCO in highlighting issues to Audit Committee and Board

- High level MIS for highlighting regulatory compliances

- Knowledge of IFSCA regulations

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
Something suspicious? Report this job posting.