AVP - Compliance - Bank

Job Title: Assistant Vice President (AVP) - Compliance

Location: Mumbai

Experience: 8+ Years

Education: Graduation/MBA or other professional qualifications (e.g., CA/CS/CAIIB, etc.)

Responsibilities:

- Oversee compliance functions related to issues concerning Wholesale Corporate Group (WCG), Corporate Banking Group (CBG), Commercial Banking Operations (CBO), and Credit Risk.

- Understand and ensure compliance with all regulatory and internal guidelines regarding Corporate Credit, including Micro, Small & Medium Enterprises (MSME) and Small Business Banking (SBB).

- Analyze the impact of regulatory circulars, directions, and notifications issued by RBI or other regulators, and communicate Compliance Risk to senior management if guidelines are not implemented within regulatory timelines.

- Collaborate with Business Departments to address regulatory requirements relevant to their operations and provide solutions for new and existing products and processes.

- Track implementation in coordination with Business teams as necessary.

- Assist in the RBI inspection process and ensure closure of Regulatory Audit Report (RAR).

- Possess a fair and hands-on understanding of Core Banking Systems (CBS) and other software used in the administration of corporate credit business, facilitating system changes and technological initiatives related to credit issues and solutions in coordination with IT.

- Conduct periodic compliance reviews and audits to assess adherence to regulatory requirements and internal policies, identifying areas for improvement and implementing corrective actions as necessary.

- Stay updated on changes in regulatory landscape and industry best practices, providing guidance and training to internal stakeholders to ensure ongoing compliance awareness and education throughout the organization.

WhatsApp your CV at 8602231222