JVP - Compliance - Banking

Roles & Responsibilities:

- Lead end to end regulatory inspections conducted by regulatory authorities like RBI.

- Interfacing with RBI on various supervisory requirement.

- Managing RBI inspections and follow up on submissions required to be done to RBI.

- Providing advice (mainly on matters pertaining to compliance) to internal stakeholders on handling regulatory queries/ ad-hoc submissions.

- Dissemination and tracking of regulatory inspection report issued by regulators.

- Ensure timely closure and follow up of various observations pointed out by regulators.

- Review of regulatory circulars and press releases, analyze its impact and/or opportunities arising for the business and disseminate the same to senior members of the business units. Tracking of implementation status of such advisories / regulatory directions.

- Managing good relations with external parties such as regulators, and external counsels, if needed on case to case basis.

- Liaison with management committee members of the company and other internal stakeholders and ensure all regulatory and other Board related submissions by internal stakeholders are made in timely manner.

- Prepare presentations on compliance related updates for the Board

- Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control

- Supervise and advise inspection handling team

- Strict monitoring of all correspondences with the Regulator and ensure that responses to regulatory authorities are properly submitted within the stipulated period of time

- Thought leadership with RBI

- Assist Business Units in their day to day data requirements and queries raised by regulator