AVP - Regulatory Compliance - Monitoring & Testing - RCMAT - Bank

AVP RCMAT - Leading MNC BANK ( Confidential, as per request of client )

Work Location - Mumbai

- To conduct second line compliance reviews for RBWM business as per the RCMAT Dynamic rolling plan.

- To test the adequacy of controls in place within the business and to identify potential and actual breaches.

- To escalate breaches identified through testing to business and RC Senior Management to ensure that appropriate action can be undertaken.

- Prepare reports to inform key stakeholders of the outcome of monitoring and review work, including rating findings and assigning owners/actions.

- Track recommendations and issues identified and agreed in the final report to ensure that the issues have been addressed.

- Manage the preparation of Compliance Risk Assessments, drawing on the experience and knowledge RC team and with the active participation of senior managers in the Business.

- Assist the Head of RCMAT in production, delivery and completion of Compliance monitoring plans which would include periodic and themed reviews.

- Contribute in the preparation of consolidated MI on the results of the monitoring for senior management in the Business / RC / Region.

- Ensure local monitoring activities are in accordance with Global monitoring policies and conducted as a second line of defense.