Compliance Manager - Banking

The role holder is responsible for Conducting Compliance reviews and testing of Bank's functions and new products to give reasonable assurance to the Management regarding compliance with regulatory norms

- Conducting Compliance reviews and testing of Bank's functions, processes and new products to give reasonable assurance to the Management regarding compliance with regulatory norms.

- Preparation of Compliance Review plan to be put up to the Board.

- Preparation and updating of Compliance review checklists in line with the regulatory guidelines/internal policies.

- Undertaking field work and ensuring that the review is completed within the prescribed timelines.

- Preparation of Draft Compliance Review report and discuss the same with the relevant stakeholders.

- Obtain the responses from the stakeholders and preparation of Final Compliance Review Report.

- Ensure proper documentation and working papers are maintained for all the compliance reviews conducted.

- Preparation of Open Issue tracker for Compliance Review Reports issued.

- Follow up with the management towards closure of compliance review open issues