Digital Banking Compliance Role

Role Details:

Overall 15-20 years of experience.

Relevant experience of 3- 5 years in Compliance/Audit/Governance function with mandatory experience of active oversight on Digital banking aspects.

Domain expertise in KYC AML requirements with emphasis on digital banking.

Microsoft Office Expertise

Good Communication skills (both written and verbal), Inter-personal skills and Team Player.

Overall Job Description:

- Guidance to BUs/SDG/IT/Cyber Security teams for the queries raised with respect to IT/Digitization

- Facilitate and Ensure timely submissions of Returns across Bank in the CIMS RBI platform by co-ordinating with various functions within the Bank and also front end with RBI for required support

- Handling of RBI IT Examination and other related audits and inspections, tracking and monitoring related regulatory submissions to RBI

- Ensure Compliance submissions for Digital Banking, IT team and Cyber Security team (including CSITE submissions) for open items related to IT/Digitization

- Overview of applicable NPCI & IFTAAS guidelines for digital banking

- Check accuracy and timely reporting done by respective unit and validate the data submitted to the regulators

- Highlight gaps observed during reviews which includes PPAC - Process and Product Assessment Committee, New Product Monitoring, Compliance Assessment/Testing activity

- Dissemination of internal circulars to relevant stakeholders basis guidelines issued by RBI, SEBI, NPCI related to IT/Digitization from time to time and provide timely feedback/views to Business Functions wherever applicable.

- Preparation and timely submission of reports on monthly basis to senior management.

- Risk Based Supervision, Policy review and vetting

- Advisory on various aspects of digital banking including interpretation and clarification of regulatory guidelines

- periodical review of SOPs of digital banking