Head - Wholesale Compliance Advisory - Private Bank

Private Sector Bank

Role : Head Wholesale Compliance Advisory

Location : Mumbai

Education : Any

Apply only if you have experience in Trade and FEMA

This is a specialised role where we need technical expertise and thorough understanding of the Foreign Exchange Management regulations and practices.

He should already be working within the compliance function managing the advisory on these products.

Job Description :

The role envisages the incumbent to ensure the Products, Processes and Controls required, are in line with the regulatory prescription and act as a bridge between the Business and the regulators for seeking clarification and providing solutions to business.

Sr. Key Responsibilities

1 Interacting with the regulators for seeking clarification and solutions to business dilemmas

2 Vetting or drafting of regulatory correspondences.

3 To review responses provided by the various units for RBI observations for their completeness.

4 Reviewing Policies, Product Notes and SOPs

5 Providing compliance views on clarification sought by stakeholders.

6 Preparation of summary of regulatory circulars for dissemination.

7 Reviewing controls provided by the various units of the Bank for the obligations mapped to them to assess the design effectiveness.

8 To identify and review areas of emerging risks in the Bank.

9 Responsible for compliance training and awareness, providing proactive and expert compliance advisory service

Contact : 8982228666