Lead - Compliance Testing - BFSI

- To assist the Chief Compliance officer (CCO) in overseeing the implementation of Compliance Policy, including policies and procedures, prescriptions in Compliance Manuals, internal codes of conduct, etc. Oversea reviews as per the Risk Based Compliance review Plan approved by the Audit Committee of the Board

- To serve as a reference point for the staff from operational departments for seeking clarifications / interpretation of regulatory guidelines.

- Provide guidance and advise on Regulatory matters to businesses and internal stakeholders

- Business Advisory - advising business on various product related to Payments Bank (CASA, Digital Banking, Treasury etc) on regulatory guidelines and applicability thereof.

- Preparation of various reports including submission to the Board , collaborate with stakeholders on various matters related to reviews

- Oversight on Regulatory Inspection and its related deliverables

- Preparation of various reports including submission to the Board on a periodic basis

- Prepare presentations for the Audit Committee of the Board and lead discussions in periodic meetings with the stakeholders

- Undertaking and working with team members to ensure timely completion of Compliance review reports & Tranchee III deliverables

- Assist Business on Annual Banking Outlet Expansion plan (ABOEP) approvals & related matters

- Provide guidance on NPCI related matters & guidelines

- Liase with regulator on obtaining clarification, approvals on various matters

- Dissemination of regulatory circulars, letters etc , implementation tracking and follow-ups

- Maintaining inventory of regulatory filing undertaken by Bank

- Oversight of various submissions of DAKSH, CIMS , NPCI self-certification etc

- Provide advisory support & guidance on Compliance related matters to various stakeholders. Act as a point of contact for RBI Team and assist CCO during the Inspection

- Oversea the Compliance review to ensure the work is completed as per agreed timelines and as per requisite quality

- Keep abreast of technological innovations, regulatory updates, etc. in the banking and financial services industry.

- Continuously improve and motivate other members within the team to learn through online and offline trainings

- Should have a good understanding of the industry and risk management practices, knowledge of regulations, legal requirements, and have sensitivity to Supervisory expectations discussions held with RBI.