Director - Business Banking - NRI CFCC Advisory - Bank

RESPONSIBILITIES

- Responsible for supporting Head, Retail, Wealth and Private bank CFCC Advisory in India for BB, EB & NRI. Besides regulatory advisory, the person will also be responsible for end to end CDD advisory for BB, EB & NRI.

- Responsible for providing details of developments relating to BB, EB & NRI compliance and conduct, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):

- Head, Retail, Wealth & Private Bank CFCC India

- the relevant Heads of Business

- Responsible for providing details of developments relating to BB, EB & NRI financial crime risks, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):

- Head, Retail, Wealth & Private Bank CFCC India

- the relevant Heads of Business

Strategy :

- Support Head Retail, Wealth and PvB CFCC India in implementing the vision, strategy and direction set for the Retail, Wealth and PvB CFCC function in India

- Practice the culture and compliance with CFCC standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.

- Establish close links with colleagues of other Client segments and/or Product Groups to achieve common platforms and work plans, implementing a One Bank approach to covering all Clients.

Business :

- Analyse comprehensive impact of CFCC matters on the relevant business areas (BB, EB & NRI)and their operations.

- Ensure that key changes (to laws, rules, regulations) pertaining to BB, EB & NRI are communicated and cascaded (in region/country)

- Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.

- Ensure appropriate advice is provided to the relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to BB, EB & NRICFCC.

Processes :

- Support Head Retail, Wealth and PvB CFCC India in in review and approval of appropriate policies/processes/DOls to address CFCC risks related to BB, EB & NRI, aligning them with relevant regulatory requirements.

- Provide support and challenge to the relevant stakeholders to ensure that they establish and monitor appropriate processes for compliance with CFCC policies, procedures and standards (including meeting regulatory obligations and maintaining high standards of conduct) pertaining to BB, EB & NRI.

People and Talent

- Help in creating an environment of appropriate culture and values. work in collaboration with risk and control partners.

Risk Management :

- Support Head Retail, Wealth and PvB CFCC Indiain identifying and assessing sources of BB, EB & NRI related regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, CFCC risks pertaining to BB, EB & NRI.

- Maintain track of risk mitigating action plans pertaining to BB, EB & NRI.

- Inform Head Retail, Wealth and PvB CFCC India serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.

Governance :

- Support Head Retail, Wealth and PvB CFCC India in oversight of the BB, EB &NRI CFCC function in India. including the various Group CFCC frameworks and programmes within India pertaining to BB, EB & NRI.

- Ensure lessons learned from audit findings, CFCC assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.

- Support Head Retail, Wealth and PvB CFCC India in providing timely, relevant and accurate management information on key regulatory risks and control effectiveness.

- Support the product programme and country addendum framework in India pertaining to BB, EB &NRI.

Regulatory relationships

- Support Head Retail, Wealth and PvB CFCC India in managing regulatory inspections pertaining to BB, EB & NRI

- Engage with Regulators as and when required to support Business on BB, EB & NRI matters

Regulatory & Business Conduct :

- Display exemplary conduct and live by the Group's Values and Code of Conduct.

- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Organization. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

- Supportthe Retail. Wealth & Private bank India CFCC team to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment

- Support Head Retail, Wealth and PvB CFCC India in effectively and collaboratively identifying, escalating, mitigating and resolving risk on BB, EB & NRICFCC matters.

Exclusions :

For clarity areas of control and oversight excluded from responsibility include:

- fraud-prevention;

- BCP/ crisis management;

- conduct of business matters outside BB, EB &NRI India;

- first line assurance (except for processes owned by Retail. Wealth & Private bank CFCC pertaining BB, EB & NRI;

- second line rules based assurance activity of any process not directly related to regulatory risk;

- all prudential related matters.

Key Stakeholders :

- Relevant India Regulators

- Heads of Businesses and Functions, India

- GlA

Other Responsibilities :

- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

COMPETENCIES :

- Leadership Competencies Leadership Level

- Spot Opportunities Individual Contributor

- Solve Problems Individual Contributor

- Take the Lead Individual Contributor

- Build Resilience Individual Contributor

- Collaborate Individual Contributor

- Communicate Individual Contributor

- Deliver Sustainably Individual Contributor

- Achieve Results Individual Contributor

- Technical Competencies Target Proficiency Level

- Compliance Policies and Standards Expert

- Compliance Advisory Expert

- Compliance Review and FCC Assurance Core

- Surveillance (including screening & monitoring) Entry

- Investigations Entry

- Compliance Risk Assessment Core

- Regulatory Liaison Core

- Risk Management and Internal Controls Not Applicable

- Manage Change Core

- Manage Conduct Core

- Manage People Core

- Manage Projects Core

QUALIFICATIONS: Training, licenses, memberships and certifications