Deputy Vice President - Compliance - Bank

Position: DVP - Compliance

Company: Bank

Exp: 8 to 12 yrs.

Location: Chennai

CTC: 20 - 23 lacs

Industry Preferred: Only from Banking.

Brief:

- Monitoring & reporting of all regulatory return submission to RBI / other statutory authorities. Timely submission of Periodical Compliance Department's returns to RBI / other statutory / enforcement authorities.

- Monitoring & follow-up for timely submission of Ad-HOC returns to statutory / enforcement authorities.

- RBI inspection report - Coordinating with the stakeholders and ensuring timely submission of a response to RBI.

- Monitor internal Committee meetings - meetings, minutes and scope.

- Monitoring daily STR alerts and submitting the report to Head of Compliance.

- Ensuring that Bank's AML/CFT Policy/Program is complete and up-to-date, to maintain ongoing awareness of new and changing business activities and products and to identify potential compliance issues that should be considered by Bank

- Dissemination of regulatory circulars, notifications, caution advice, defaulters list & press releases to the relevant department.

- Review of all new product and processes prior to their introduction

- Monthly Compliance Test Check and report.

- Support in other Compliance department activities

- Keeping track of developments and suggesting changes for periodic updating of policies.

- Responsibilities as and when entrusted by management.

Kumar
Skills HR Team