Assistant Vice President - Compliance - Banking

Responsibility:

1. Primarily support Business Group to maintain an effective control framework and to ensure compliance with all relevant RBI regulations, internal codes and policies.

2. Provide advisory services pertaining to Wholesale Banking Business (including Trade, Capital and Current Account related transactions) in order to ensure clear understanding of Compliance Risk exposure with respect to clients, transactions and products.

3. Articulate the Regulatory Compliance requirement and ensuring implementation of RBI regulations in the Bank

4. Review and approve launch of new products pertaining to Wholesale Banking Business (including Trade and Forex Remittance related products)

5. Liaising with regulator for seeking clarification/ approval on regulatory matters including vetting of communication to be done with regulators.

6. Assist the compliance team including the leadership of the compliance function on all material related matters.

7. Compliance Business Review (including RBS Tranche III testing) for RBI related regulations.

Requirements:

1. Chartered Accountant or Master of Business Administration (MBA) with minimum 10 years of experience in compliance team of the Bank.

2. Excellent communication and inter-personal skills with experience of dealing with the executives at all times.

3. Applies knowledge of regulations to influence monitoring/testing review scope.

4. Effectiveness in working within a large scale and complex matrix organization is essential.

5. Proficient in MS office applications (Excel, Word, PowerPoint).

6. Additional Knowledge on International Financial Service Authority (IFSCA) regulations pertaining to International Banking Units (IBU) will be given preference.